Ethanol Week - December 4, 2018

December 4, 2018

EPA finalizes 2019 RFS RVOs, fails to address waiver, eRIN issues On Nov. 30, the U.S. EPA released a final rule to set 2019 RVOs under the RFS. When compared to the proposed rule, the final rule increases the RVOs for cellulosic biofuel, advanced biofuel and total renewable fuel. READ MORE SHARE
Ontario could require E15 as soon as 2025 A new proposal released by the Ontario government indicates the province could require gasoline to be blended with 15 percent ethanol as soon as 2025. The U.S. ethanol industry has applauded news of the proposal. READ MORE SHARE
	Progress on trade deals could be good news for ethanol industry Over the past few days, the Trump Administration has announced progress on trade deals with Canada, Mexico and China that could have a positive impact on export markets for U.S. ethanol and distillers dried grains with solubles (DDGS). READ MORE SHARE
USDA rule to help speed development of infrastructure projects The USDA is taking action to allow agency administrators additional flexibility to obligate federal funds associated with certain infrastructure projects, including those associated with several of its rural development programs. READ MORE SHARE
ACE’s Lamberty discusses the benefits of E15 for retailers With the U.S. EPA expected to amend rules allowing year-round E15 sales next year, retailers don’t have a lot of time to decide whether to begin offering E15 prior to the 2019 summer driving season. READ MORE SHARE
New tax, oversight bill aims to extend biofuel tax credits House Ways and Means Committee Chairman Kevin Brady, R-Texas, has released a tax and oversight legislative package that includes extensions for several biofuel-related tax credits, including those for renewable diesel and second-generation biofuels. READ MORE SHARE
RFA: Refiners could meet 95 RON standard without more ethanol A new EIA study concludes that U.S. petroleum refineries would have “no problem” meeting a requirement to produce gasoline with a higher minimum octane rating (95 RON) beginning in 2022, and assumes refiners would not use more ethanol. READ MORE SHARE
ICM bolsters growth of Brazil’s corn ethanol industry ICM Inc. has announced that it will implement its systems at the newest FS Bioenergia plant in Sorriso, Brazil, including Selective Milling Technology, Fiber Separation Technology, and Base Tricanter System. READ MORE SHARE
Rex reports increased net sales, revenue On Nov. 28, Rex American Resources Inc. released financial results for its fiscal third quarter, which ended Oct. 31. The company reported a year-over-year increase in net sales and revenue. Rex holds ownership in six ethanol plants. READ MORE SHARE
Interest in E15 picks up among gasoline retailers Mike O’Brien, vice president of market development for Growth Energy, says that with seasonal restrictions on E15 sales potentially being lifted in time for next summer’s driving season, interest in selling E15 has increased among gasoline retailers. READ MORE SHARE