The RFA elected officers and its board of directors on Sept. 25 at its annual membership meeting in Milwaukee. Jeff Oestmann, CEO of Aztalan Bio, was elected chair and Derek Peine, CEO of Western Plains Energy, was elected vice chairman.
U.S. fuel ethanol production fell by 5% the week ending Sept. 20, dipping below 1 million barrels per day for the first time since early May, according to data released by the U.S. EIA on Sept. 25. Stocks were down 1% and exports were down 42%.
The International Air Transport Association has announced it will create the Sustainable Aviation Fuel (SAF) Matchmaker to link airlines and SAF suppliers. The initiative is expected to launch during the first quarter of 2025.
The RFS has added Specialist Nutrition and Mickelson & Company as associate members. These organizations share a common vision with RFA’s membership and bring innovative approaches and fresh perspectives to the renewable fuels industry.
The American Carbon Alliance announced Indiana Ethanol Producers Association has joined its coalition. The ACA continues to gain momentum as ethanol trade associations across the country unite in support of carbon capture initiatives.
MN Bio-Fuels is highlighting biofuel infrastructure grant funding available under the Minnesota Department of Agriculture’s AGRI Biofuels Infrastructure Program. Fuel retailers are strongly encouraged to apply before the Oct 30 deadline.
The Energy Futures Initiative Foundation, led by Ernest J. Moniz, the 13th U.S. Secretary of Energy, has released a study detailing pathways to further decarbonize ethanol to reach near net-zero carbon intensity (CI) by 2035 and negative CI by 2050.
GROWMARK purchases stake in Big River Resources
September 20, 2024
GROWMARK on Sept. 19 announced it has made an investment in Big River Resources LLC, an ethanol production company. The investment aligns with GROWMARK’s strategic goals to diversify and strengthen its operations.
Summit Carbon Solutions’ proposed carbon capture project would add more than $3.26 billion in gross output across South Dakota over 12 years, according to the latest economic analysis from the Dakota Institute released on Sept. 9.
The U.S. EPA has announced that 2.06 billion RINs were generated under the RFS in August, down from 2.07 billion generated during the same month of last year. Total RIN generation for the first eight months of 2024 reached 16.49 billion.
The U.S. EPA on Sept. 19 released updated SRE data, reporting that two new SRE petitions were filed under the RFS during the past month. A total of 50 SRE petitions are now pending, up from 48 that were pending as of mid-August.
Less than two weeks after Fulcrum BioEnergy Inc. and affiliated companies filed for Chapter 11 bankruptcy protection, the assets of Fulcrum Sierra Biofuels LLC and Fulcrum Bioenergy Inc. are being offered for sale at auction.
iRely and Antora Energy have joined the RFA as associate members. These additions reflect RFA’s ongoing commitment to championing innovative and sustainable energy solutions while driving the advancement of the renewable fuels sector.
U.S. Senator Joni Ernst, R-Iowa, a member of the Senate Agriculture Committee, was honored to receive Growth Energy’s 2024 Fueling Growth Award in recognition of her strong support for America's homegrown biofuel producers
Fiji Airways is collaborating with The Fiji Sugar Corp. Ltd. (FSC) and Lee Enterprises Consulting to evaluate the feasibility of sustainable aviation fuel (SAF) production in Fiji. The collaboration is funded by The Asian Development Bank.
Comstock Inc. on Sept. 18 announced the execution of a binding agreement between Comstock Fuels Corp. and SACL Pte. Ltd. related to three biofuel sites under development in Australia to produce 300 MMgy of SAF and renewable fuels.
Gevo Inc. has announced the sale of approximately $20 million in investment tax credits to an undisclosed corporate buyer. This transaction monetizes IRA investment tax credits generated from the commercialization of an RNG production facility.
U.S. fuel ethanol production was down 3% the week ending Sept. 13, according to data released by the U.S. Energy Information Administration on Sept. 18. Ethanol stocks were up slightly while exports were down nearly 15%.
Ethanol production and demand in China are expected to increase 17% this year, according to a report filed with the USDA FAS Global Agricultural Information Network. Domestic ethanol production capacity in China is expected to be unchanged.
Growth Energy on Sept. 17 testified at a STB hearing, highlighting a number of issues currently plaguing the nation’s rail service—which have resulted in delayed shipments, longer wait times, and higher costs for America’s ethanol producers.
The Renewable Fuels Association has welcomed Nataqua as its newest associate member. Nataqua is an innovative company transforming carbon dioxide (CO₂) into ethanol through groundbreaking technology.
Legislation introduced in the California State Assembly on Sept. 11 aims to prevent the California Air Resources Board from amending the state’s Low Carbon Fuel Standard regulations prior to Jan. 1, 2026.
Fulcrum BioEnergy Inc. and affiliated companies Fulcrum Seirra Holdings and Fulcrum Sierra Finance Co. on Sept. 9 filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.
Growth Energy on Sept. 16 filed an amicus brief today in a case in the U.S. Court of Appeals for the District of Columbia Circuit challenging the U.S. EPA’s recently finalize tailpipe emissions rule.
Summit Next Gen LLC has closed on its site acquisition for the future development of its previously announced SAF production platform. The 60-acre site is located on the Houston Ship Channel in Texas.
The U.S. Patent and Trademark Office has granted Gevo Inc. a patent for its ethanol to olefins (ETO) process. The patent protects the process of using certain proprietary catalyst combinations for converting ethanol into olefins.
Sen. Chuck Grassley, R-Iowa, accepted Growth Energy’s 2024 “Fueling Growth Award” for his efforts to support biofuels producers. Grassley is a lifelong family farmer and senior member of the Agriculture and Finance Committees.
The U.S. Grains Council’s Latin America (LTA) office is leading efforts to promote ethanol blending across Central America and the Caribbean, reinforcing the region’s commitment to sustainable energy and reducing transportation-related emissions.
Gevo Inc. on Sept. 12 announced it has entered into a definitive agreement to acquire the ethanol production plant and CCS assets of Red Trail Energy LLC for $210 million. Gevo plans to add net-zero SAF production capacity to the site.
Recently, the USGC escorted a group of key ethanol industry stakeholders from Egypt, Ghana, Nigeria and the United Arab Emirates (UAE) on a tour of U.S. ethanol facilities to advance biofuel exports to Africa and the Middle East.
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