Business

27 minutes ago

USGC markets DDGS in southeast Mexico

BY U.S. Grains Council Found In:Markets, Coproducts, BusinessIn January, USGC staff spent time in the southeastern region of Mexico, sharing the results of DDGS trials with ranchers in the area who have not been aware of the product and its nutritional components in their animals’ feed. READ MORE

28 minutes ago

BK-H2Energy joins RFA as associate member

BY Renewable Fuels Association Found In:BusinessThe Renewable Fuels Association has welcomed BK-H2Energy, LLC as its newest associate member. BK-H2Energy, LLC is a consulting company engaged in the transition of diesel/gas and CNG vehicles to battery electric and hydrogen fuel cells. READ MORE

23 hours ago

Novozymes: Bioenergy sales up 25% in 2022

BY Erin VoegeleFound In:BusinessNovozymes released 2022 financial results on Jan. 26, reporting a 25 percent increase in bioenergy sales when compared to 2021. Total sales for the company were up 9 percent in 2022 when compared to the previous year. READ MORE

23 hours ago

DOE awards $118 million to 17 biofuel projects

BY Erin VoegeleFound In:Operations, Coproducts, Business, PolicyThe U.S. Department of Energy on Jan. 26 awarded $118 million to 17 projects to accelerate the production of sustainable biofuels for America’s transportation and manufacturing needs. The projects were selected under a FOA issued in mid-2022. READ MORE

23 hours ago

ADM’s ethanol operations impacted by low margins

BY Erin VoegeleFound In:Operations, BusinessArcher Daniel Midlands Co. released fourth quarter financial results on Jan. 26, reporting that the company’s ethanol-related business segments were negatively impacted by low ethanol margins and high inventory levels. READ MORE

23 hours ago

Valero reports profitable Q4 for renewable diesel, ethanol

BY Erin VoegeleFound In:Operations, BusinessValero Energy Corp. sold a record volume of renewable diesel during the fourth quarter of 2022 thanks to the November startup of the Diamond Green Diesel biorefinery in Port Arthur, Texas. Ethanol production for the three-month period was down. READ MORE

January 25, 2023

EIA: Ethanol production up slightly, stocks up 7%

BY Erin VoegeleFound In:Operations, BusinessU.S. fuel ethanol production was up slightly the week ending Jan. 20, according to data released by the U.S. Energy Information Administration on Jan. 25. Weekly ending stocks of fuel ethanol expanded by more than 7 percent. READ MORE

January 25, 2023

Illinois lawmakers approve $1.50 per gallon SAF tax credit

BY Erin VoegeleFound In:Coproducts, Business, PolicyBoth houses of the Illinois General Assembly on Jan. 10 approved a legislative package that, in part, creates a $1.50 per gallon tax credit for SAF. The legislation must now be signed by Illinois Gov. JB Pritzker. READ MORE

January 25, 2023

GIP receives land use approval for RNG, ethanol project

BY Green Impact Partners Inc. Found In:Operations, Feedstocks, Coproducts, BusinessGreen Impact Partners announced that the Future Energy Park has received final land use approval from the City of Calgary municipal council. The project will convert non-food grade waste wheat into RNG and ethanol. READ MORE