SOURCE: U.S. Grains Council
April 7, 2023
BY U.S. Grains Council
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The U.S. Energy Information Administration maintained its forecasts for 2024 and 2025 fuel ethanol production and exports in its latest Short-Term Energy Outlook, released Dec. 10. The outlook for 2024 ethanol blending was revised down.
Gevo Inc. has announced that its planned acquisition of the ethanol production plant and CCS assets of Red Trail Energy LL passed an important milestone as the equity holders of Red Trail Energy voted overwhelmingly to approve the transaction.
Aemetis Inc. announced on Dec. 10 that its Aemetis Biogas subsidiary started producing renewable natural gas (RNG) from its tenth anaerobic digester built to process waste from a dairy in Stanislaus County, California.
The European Union and Mercosur, a South American trade bloc consisting of Argentina, Brazil, Paraguay and Uruguay, on Dec. 5 finalized negotiations on a new trade agreement. The agreement could increase the volume of ethanol imported into the EU.
The USGC’s Europe, Middle East and Africa (EMEA) office recently conducted a series of site visits and meetings with key customers in the animal feed production and industrial starch sectors in the Kingdom of Saudi Arabia.