Ethanol Week - March 15, 2022

Senate bill bans Russian oil, increases access to US biofuels Sens. Joni Ernst, R-Iowa, and Amy Klobuchar, D-Minn., on March 9 introduced the Home Front Energy Independence Act, a bill that aims to put into a law a ban on Russian oil and includes provisions to increase the use of ethanol and other biofuels. READ MORE SHARE
USDA extends deadlines for climate-smart commodities funding The USDA on March 11 announced it is extending the deadlines to apply for its Partnerships for Climate-Smart Commodities funding opportunity. The agency opened the $1 billion funding opportunity in February. READ MORE SHARE
	2022 International Fuel Ethanol Workshop & Expo agenda released Ethanol Producer Magazine has announced the preliminary agenda for the 2022 International Fuel Ethanol Workshop & Expo (FEW) and co-located events taking place June 13-15, 2022, at the Minneapolis Convention Center in Minneapolis, Minnesota. READ MORE SHARE
Senators urge Biden to enable year-round sales of E15 A bipartisan group of 16 senators, led by Sens. John Tune, R-S.D., and Dick Durbin, D-Ill., sent a letter to President Biden on March 9 urging him to help curb rising domestic energy costs by enabling year-round sales of E15. READ MORE SHARE
Alto reports improved Q4, discusses plant improvement projects Alto Ingredients Inc. released Q4 financial results on March 10, reporting a significant increase in net sales and gross profit. The company confirmed its biorefinery in Idaho is operational and discussed progress on high-protein initiatives. READ MORE SHARE
	Aemetis discusses progress with advanced biofuel projects Aemetis Inc. released Q4 financial results on March 10, reporting a 28 percent increase in revenues for the full year. During an earnings call, company officials discussed progress with plant improvement projects and advanced biofuel initiatives. READ MORE SHARE
EPA to disclose CBI related to SRE petitions to GAO The U.S. EPA on March 10 issued a notice to all obligated parties under the RFS that the agency will disclose certain confidential business information (CBI) related to SRE petitions to the U.S. Government Accountability Office on March 28. READ MORE SHARE
USDA WASDE increases forecast for corn use in ethanol The USDA increased its forecast for 2021-’22 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released March 9. The agency also increased its forecast for season-average corn prices. READ MORE SHARE
Agribrasil partners with ICM to build corn ethanol plant ICM and Agribrasil have signed an agreement to develop a greenfield dry-mill grain ethanol production facility near Canarana in the Brazilian state of Mato Grosso. The new plant will have a grinding capacity of 1,700 metric tons of corn daily. READ MORE SHARE
Iowa lawmakers to EPA: Biofuels can increase energy security Iowa’s congressional delegation is urging the Biden administration to expand the production and potential export of ethanol and biodiesel to meet global energy needs as the U.S. and its allies look to decrease reliance on Russian oil. READ MORE SHARE
EIA reduces 2022, 2023 ethanol production forecasts The U.S. Energy Information Administration slightly reduced its forecasts for 2022 and 2023 ethanol production in its latest Short-Term Energy Outlook, released March 8. The outlook for 2022 fuel ethanol blending was unchanged. READ MORE SHARE
Lanzatech to go public via business combination with AMCI LanzaTech NZ Inc. and AMCI Acquisition Corp. II on March 8 announced that they have agreed to combine through a business combination transaction. Upon closing of the transaction, the combined company will be renamed LanzaTech Global Inc. READ MORE SHARE