Build Back Better Act benefits biofuels industry President Biden and Congressional leaders on Oct. 28 released a proposed Build Back Better budget reconciliation framework that includes nearly $1 billion for biofuels infrastructure, an extension of the biodiesel tax credit and a new SAF tax credit.READ MORE SHARE | | 
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EPA: 1.62 billion RINs generated in August The U.S. EPA has released updated renewable identification number (RIN) data, reporting that nearly 1.62 billion RIN were generated under the Renewable Fuel Standard in September, down from 1.65 billion generated during the same period of last year.
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EIA: Ethanol production up 1%, stocks down 1% U.S. fuel ethanol production expanded by nearly 1 percent the week ending Oct. 22, reaching a near record high of 1.106 million barrels per day, according to data released by the U.S. Energy Information Administration on Oct. 27. READ MORE SHARE |
Novozymes: Bioenergy sales up 5% in Q3Novozymes released third quarter financial results on Oct. 26, reporting sales for the company’s bioenergy segment were up 5 percent for the quarter and 12 percent for the first nine months of 2021.
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ADM discusses planned changes to ethanol business ADM Chairman and CEO Juan Luciano discussed the company's planned sale of its ethanol dry mill in Peoria, Illinois, and the recent MOU with Gevo on alcohol-to-jet fuel production during a third quarter earnings call, held Oct. 26.READ MORE SHARE |
Senators ask to meet with White House on biofuelsA group of nine senators are reiterating a request to meet with President Biden and members of his cabinet to discuss the opportunity biofuels can contribute to his administration’s energy, environmental and transportation agenda. READ MORE SHARE | | | |
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