Increasing the ethanol industry’s market by decreasing the biofuel’s carbon intensity score was a major theme at the 2024 ACE conference as key industry players spoke to the industry's challenges and opportunities.
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.
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.
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.
Rex American Resources Inc. released fiscal second quarter financial results on Aug. 27, reporting improved margins. Rex also detailed progress with its CCS project and capacity expansion, which are both underway at One Earth Energy in Illinois.
The Iowa Utilities Commission on Aug. 28 found that Summit Carbon Solutions LLC has substantially complied with the requirements of its June order regarding the company's application for a hazardous liquid pipeline permit.
Although ethanol producers are looking ahead to carbon capture and storage as the predominant means of lowering their carbon intensity scores, measures such as energy storage, CHP and electrification can have a substantial impact on CI scores now.
Green Impact Partners Inc. has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction program for its flagship project, the Future Energy Park, to be located in Calgary, Alberta.
Summit Carbon Solutions LLC on June 25 achieved a major milestone with the Iowa Utilities Board’s approval of its baseline CO2 pipeline project. Several conditions must be met before Summit is issued a permit and construction can begin.
Carbon Clean and AGRA Industries have signed an MOU to provide Carbon Clean’s semi-modular CaptureX technology to companies in agriculture-related sectors, including the production of biofuel, ethanol and sustainable aviation fuel (SAF).
Brazil-based FS announced it has completed technical studies that prove suitable geological conditions for injecting carbon dioxide (CO2), emitted in the fermentation phase of biofuel production, in the subsoil.
Rex American Resources Corp. on May 22 reported that the company achieved near-record financial results during its fiscal Q1 2024. The company also announced it secured 100% of the rights of way for its planned 6-mile carbon pipeline.
As the first-ever ethanol producer to deliver carbon removal credits to the voluntary market, Red Trail Energy and its partners are creating a blueprint for others to follow.
Anew Climate LLC has announced a marketing agreement with Summit Carbon Solutions. Under the terms of the agreement, Anew will market carbon dioxide removal credits generated from Summit biomass with carbon removal and storage (BiCRS) project.
Carbon dioxide has many merchant market applications, ranging from the medical industry to agriculture to food and beverage.
Tallgrass, the developer of a CO2 pipeline project that will sequester CO2 sourced from ethanol plants and other facilities, has entered a Community Benefits Agreement with Bold Alliance. The CBA is endorsed by several ag and biofuel groups.
Technip Energies and LanzaTech Global Inc. were selected by the U.S. Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $200 million funding to support project SECURE.
Rex American Resources Inc. on March 28 released financial results for its fiscal Q4, reporting near record profits for both the three-month period and the full year. Sales volumes for ethanol and coproducts were up.
The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management in March issued a notice of intent (NOI) to launch a Voluntary Carbon Dioxide Removal Purchasing (CO2RP) Challenge.
CapturePoint LLC announced on March 18 that it has closed on a private Section 45Q direct transfer tax credit transaction for carbon dioxide (CO2) captured at the company’s Arkalon facility near Liberal, Kansas.
Preliminary agenda released for 40th annual International Fuel Ethanol Workshop & Expo
By BBI International
March 15, 2024
Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.
Alto Ingredients Inc. announced on March 11 that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop CCS project with Vault 44.0 at Alto’s Pekin campus in Pekin, Illinois.
Despite volatile ethanol margins during the second half of 2023, Alto Ingredients Inc. President and CEO Bryan McGregor reported that both the company’s Q4 and full year 2023 financial results significantly outperformed the same periods of 2022.
Summit Carbon Solutions announced on March 4 that Valero, the world’s second-largest corn ethanol producer and a leader in low-carbon transportation fuels production, will be a shipper on Summit’s pipeline.
Red Trail Energy LLC and Puro.earth on March 5 announced issuance of RTE’s CO2 removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates in the voluntary carbon market.
With carbon capture and sequestration pipeline projects delayed, ethanol producers are finding—and adding—carbon utilization technology platforms of all kinds.
Summit Carbon Solutions, the developer of a large-scale carbon capture, transport, and sequestration project, has announced the appointment of Lisa Cummins Cohen as the company’s new chief financial officer.
The Minnesota Department of Commerce on Jan. 26 released the draft environmental impact statement (EIS) for a 28.1-mile section of Summit Carbon Solution’s proposed carbon dioxide pipeline. A public comment period on the EIS is open through Feb. 23.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration on Feb. 2 delivered a proposed rule to the White House Office of Management and Budget focused on improving the safety of carbon dioxide pipelines.
In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions announced a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.
Advertisement
@ Copyright 2024 - BBI International - All rights reserved.