Ethanol Week - August 9, 2022

Senate passes bill with new SAF, clean fuel, hydrogen tax credits The Senate on Aug. 7 passed the Inflation Reduction Act of 2022 by a vote of 51 to 50 along party lines. Vice President Kamala Harris cast the tie-breaking vote. The bill includes a range of provisions benefiting biofuel and bioenergy prodcution. READ MORE SHARE
The Andersons reports record Q2 for renewables The Andersons Inc. on Aug. 2 announced the company achieved record quarterly results during Q2 2022. The company’s renewables segment, which includes its ethanol operations, generated record pretax income for the three-month period. READ MORE SHARE
	Green Plains to break ground on clean sugar project in August Green Plains Inc. operated its facilities at 97 percent capacity during the second quarter of 2022 and expects to break ground on its first commercial-scale clean sugar facility this month, according to comments made by CEO Todd Becker on Aug. 2. READ MORE SHARE
USDA: Distillers grains exports top 1 million metric tons in June The U.S. exported 101.48 million gallons of ethanol and 1.01 million metric tons of distillers grains in June, according to data released by the USDA Foreign Agricultural Service on Aug. 4. Exports of both products were up when compared to June 2021. READ MORE SHARE
Growth Energy sets expectations for landmark EPA proposal Growth Energy celebrated the 17th anniversary of the Renewable Fuel Standard, signed into law on Aug. 8, 2005, by outlining the biofuel sector’s top priorities for the U.S. EPA’s fast-approaching update to the program. READ MORE SHARE
	RFA provides input on future of California’s LCFS In comments filed with the California Air Resources Board on Aug. 8, the RFA stressed that the next iteration of the state’s LCFS must be technology-neutral and allow low-carbon renewable fuels to compete fairly. READ MORE SHARE
ICM, Impacto to build Bahia’s first corn-based biorefinery In a recently signed contract, ICM, Impacto Energia S/A and its sister company, Impacto Bioenergia, have agreed to build a new dry-mill ethanol production facility in Bahia, Brazil, with an estimated Q1 2025 start date. READ MORE SHARE
USDA ARS enlists sturdy yeast to help make cost-effective ethanol A team of USDA ARS scientists at the agency's National Center for Agricultural Utilization Research in Peoria, Illinois, used adaptive laboratory evolution to generate the hardy yeast strain Clavispora NRRL Y-50464. READ MORE SHARE
EIA: Ethanol production up 2%, stocks up slightly U.S. fuel ethanol production was up 2 percent the week ending July 29, according to data released by the U.S. Energy Information Administration on Aug. 3. Weekly ending stocks of fuel ethanol were up slightly. READ MORE SHARE
Nebraska begins accepting applications for ethanol tax credit The Nebraska Department of Revenue on Aug. 1 began accepting applications from fuel retailers to claim a recently established sales tax for higher blends of ethanol. Nebraska Gov. Pete Ricketts signed a bill establishing the credit earlier this year. READ MORE SHARE
EIA: US biofuel capacity down in May, feedstock use up U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021. READ MORE SHARE
Poet acquires Savannah transload facility Poet, the world’s largest producer of biofuels and a leading producer of bioproducts, announced that it has signed a purchase agreement with Savannah Marine Terminal to acquire its rail-to-container transload facility in Savannah, Georgia. READ MORE SHARE