Ethanol Week - October 26, 2021

EIA: Ethanol production expands 6%, reaches near record high U.S. ethanol production soared to a near-record high of 1.096 barrels per day the week ending Oct. 15, up more than 6 percent from the previous week and tied for the third highest production level on record, according to data released by the EIA. READ MORE SHARE
NDIC approves Class VI well for Red Trail Energy’s CCS project The North Dakota Industrial Commission on Oct. 19 approved the state’s first Class VI well for CO2 sequestration. The approval will allow Red Trail Energy LLC to geologically store CO2 produced at its ethanol plant near Richardton, North Dakota. READ MORE SHARE
	ADM agrees to sell Peoria dry mill to BioUrja Group ADM announced on Oct. 21 that it has reached an agreement to sell its 135 MMgy ethanol production complex in Peoria, Illinois, to BioUrja Group. The deal is expected to close in the coming weeks, according to the company. READ MORE SHARE
Feenstra bill aims to compare E85 FFVs, electric vehicles Rep. Randy Feenstra, R-Iowa, on Oct. 19 introduced the COST Act, a bill that aims to compel the federal government to compare the financial and environmental costs of electric vehicles and E85 capable flex-fuel vehicles (FFVs). READ MORE SHARE
Valero reports progress with DGD expansion, planned CCS project Valero Energy Corp. released third quarter financial results on Oct. 21, reporting startup of the Diamond Green Diesel expansion project is underway. Work is also progressing on a CCS project that will benefit the company's ethanol segment. READ MORE SHARE
	EPA: 3 new SRE petitions filed, 65 SRE petitions now pending The U.S. EPA on Oct. 21 published updated small refinery exemption (SRE) data, reporting that there are currently 65 SRE petitions pending under the Renewable Fuel Standard, up from 62 that were pending as of mid-September. READ MORE SHARE
NCERC receives $1.9 million to expand research capabilities The National Corn-to-Ethanol Research Center, located at Southern Illinois University Edwardsville, has been awarded $1.9 million though the Rebuild Illinois Wet Lab Capital program by the Illinois Department of Commerce and Economic Opportunity. READ MORE SHARE
ADM, Gevo sign MOU to produce up to 500M gallons of SAF ADM and Gevo Inc. have signed a MOU to support the production of SAF and other low carbon-footprint hydrocarbon fuels. The MOU contemplates the production of both ethanol and isobutanol that would then be transformed into renewable hydrocarbons. READ MORE SHARE
FCL exploring carbon capture with Whitecap Resources Federated Co-operatives Ltd. has signed an MOU with Whitecap Resources. Under the planned agreement, CO2 emissions captured from the Co-op Refinery Complex and Co-op Ethanol Complex will be sequestered as part of Whitecap's Wyburn Unit. READ MORE SHARE
REEEAC to discuss export competitiveness strategy on Nov. 2 The U.S. Department of Commerce’s International Trade Administration has announced a virtual meeting of the Renewable Energy and Energy Efficiency Advisory Committee will be held Nov. 2. The event is open to the public. READ MORE SHARE
Farm, biofuel leaders urge Biden to embrace homegrown solutions America’s top biofuel and farm advocates are calling on President Biden to swiftly expand access to lower-carbon, lower-cost biofuels as the administration seeks to address the rising cost of transportation fuel. READ MORE SHARE
CropEnergies reports record Q2 revenue, announces E20 trial European ethanol producer CropEnergies on Oct. 13 reported record revenue for the second quarter of the current financial year. The company also recently announced it is participating in a trial of a 20 percent ethanol fuel blend. READ MORE SHARE