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Rex reports recent improvement in margins

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By Erin Voegele

March 21, 2019

Business Operations Markets 

On March 21, Rex American Resources Inc. released fiscal fourth quarter 2018 financial results, reporting its ethanol operations are being impacted by a continuing low margin environment and flooding in the Midwest.

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Data released by the U.S. Energy Information Administration March 20 indicates weekly U.S. ending stocks of fuel ethanol set a new record the week ending March 15, reaching 24.412 million barrels.

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FROM THE APRIL ISSUE: Editor Lisa Gibson previews the magazine, including feature articles about an innovative approach to plant cleaning, industry reaction to a high-octane proposal, and a new education effort aimed at mechanics, and more.

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IRFA members climbed Iowa's capitol hill on March 20 to meet with state legislators, armed with a newly-released study that declares biofuels are responsible for over 48,000 Iowa jobs and more than $2.5 billion in Iowa household income.

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Analysis recently released by the U.S. Grains Council shows U.S. exports of ethanol and distillers dried grains with solubles (DDGS) were up significantly during the first four months of the 2018-'19 marketing year.

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FROM THE APRIL ISSUE: At NEC, a GM executive outlined some controversial advice for the ethanol industry.

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Armed with the Facts

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By Geoff Cooper

March 19, 2019

FROM THE APRIL ISSUE: RFA releases new studies, information at NEC.

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On March 15, the RFA sent a letter to Washington Gov. Jay Inslee and leaders of the Senate Energy, Environment and Technology Committee in support of recently introduced legislation that aims to establish a Clean Fuels Standard in the state.

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FROM THE APRIL ISSUE: An American Ethanol partnership facilitated an ethanol-focused presentation to future and current mechanics at one Universal Technical Institute campus.

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A New Year for UNICA

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By Leticia Phillips

March 18, 2019

FROM THE APRIL ISSUE: UNICA welcomes new president and CEO.

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The key to making informed decisions is education, and that's just what the U.S. Grains Council's goal has been regarding increasing demand for U.S. fuel ethanol in Mexico.

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Aemetis Inc. has released fourth quarter 2018 financial results, providing an update on the performance of its California-based corn ethanol plant and reporting progress with its biogas and cellulosic ethanol projects.

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UAI's Studies Tell the Truth

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By Dave VanderGriend

March 15, 2019

FROM THE APRIL ISSUE: The need for an updated fuel testing process.

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The U.S. Energy Information Administration has released the March edition of its Short-Term Energy Outlook, maintaining its February forecasts for 2019 and 2020 ethanol production. Ethanol consumption forecasts for both years are also unchanged.

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The U.S. EPA on March 14 approved five more 2017 small refinery exemptions, pushing the number of approved waivers from 2016 and 2017 over 50, and 2.61 billion gallons, according to the American Coalition for Ethanol.

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Geoff Cooper, president and CEO of the Renewable Fuels Association, said in a media call March 14 that small refinery exemptions eroded demand for ethanol in 2018, and called for those ethanol gallons to be reallocated.

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The U.S. EPA released its proposed rule to allow the year-round sale of E15 on March 12. The proposed rule also includes provisions for RIN reform.

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Retail chains that choose to add E15 to their product mixes continue to see positive results. One example is Pennsylvania-based Rutter's, which decided to add the fuel last year despite recent uncertainty around the timing of year-round sales.

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U.S. exports of distillers grains (DG) were the second-highest on record in 2018, totaling 11.88 million metric tons (MMT), according to a summary of 2018 ethanol co-product trade data published by the Renewable Fuels Association.

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UNICA, the Brazilian sugarcane industry association, has announced ethanol sales were up during the first half of February. The increase is primarily attributed to significantly higher domestic sales of hydrous ethanol.

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The Renewable Fuels Association has released a 10-page report summarizing 2018 ethanol export and import data and highlighting key facts and trends related to global ethanol trade.

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ACE Senior Vice President Ron Lamberty participated on a panel at Nebraska Ethanol Board's 2019 Emerging Issues Forum with retailers about the opportunities and practical considerations to increase E15 and higher ethanol blends.

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The U.S. Department for Transport recently announced new labeling requirements that aim to help motorists identify the correct fuel for their needs while informing them of the biofuel content of both gasoline and diesel.

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U.S. ethanol exports reached a record 1.7 billion gallons in 2018, according to data released by the USDA's Foreign Agricultural Service on March 6. When compared to 2017, ethanol exports increased by 23 percent.

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OPINION: Terminal availability of E15 grows as RVP relief nears

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By Robert White, vice president of industry relations at the Renewable Fuels Association

March 05, 2019

GROWMARK Energy recently announced an expansion of its E15 terminal availability, but cautioned it will stop offering the fuel blend at its terminals on May 1 unless the EPA signals RVP relief will be in place before June 1.

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Growth Energy recently announced American motorists have driven over 7 billion miles on E15. That continued demand has had an impact on the market, said Mike O'Brien, Growth Energy's vice president of market development.

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On March 4, the U.S. EPA delivered its proposed E15/RIN reform rule to the White House Office of Management and Budget. OMB review marks a final step before the proposal is released for public comment.

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European ethanol producer CropEnergies has announced plans to resume ethanol production at its facility in Wilton, U.K., starting in March. The company said the facility will initially run at reduced capacity to supply orders from British customers.

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Statistics released by the Minnesota Department of Commerce show that demand for E15 in the state remains strong, despite the current summertime ban of the fuel. Approximately 59 million gallons of E15 were sold in the state last year.

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ACE returns to Mexico, continues work with service station owners

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By American Coalition for Ethanol

February 25, 2019

American Coalition for Ethanol Senior Vice President Ron Lamberty recently traveled to Mérida, Mexico, for the first ethanol technical information forum held in 2019 for Mexican petroleum equipment installers and retailers.

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