In Washington, Reuters reports that almost no corn-based ethanol will qualify for the sustainable aviation fuel credit under the rules recently released by the Treasury Department. The controversy surrounding the use of ethanol as SAF feedstock has been fueled by the revision of the GREET model that could have included or excluded it due to […]
In Norway, the European Union (EU) has committed to ambitious carbon-reduction goals centered around E10 blending across its member states, and the U.S. Grains Council (USGC) recently sent a delegation to the region to build relationships with industry stakeholders and policymakers to further support the EU’s climate initiatives. The team arrived in Oslo, Norway and […]
In Indiana, Verbio started construction to convert its South Bend ethanol plant into the second integrated biorefinery plant in North America. Members of Verbio management and public officials gathered this morning in South Bend to hold a groundbreaking ceremony for this next milestone. The facility will incorporate both the production of renewable natural gas (RNG) […]
In Illinois, Brownfield Ag News reports that some ethanol plants are coming out of planned maintenance early to take advantage of the summer driving season that kicks off next week. As a result, ethanol production rose slightly to break above 1 million barrels per day, Stocks almost rose back to the level seen just a […]
In California, Aemetis announced that the installation of a $12 million, 3 megawatt solar microgrid with battery storage and an AI energy management system has been completed at the Keyes ethanol plant. TotalEnergies was the project developer who provided the PV solar technology, and also built and commissioned the system. Schneider Electric provided the electrical […]
In India, the Economic Times newspaper reports Nayara Energy plans to invest $71.85 million in two new ethanol plants, based in Andrha Pradesh and Madhya Pradesh respectively. The facilities, expected to come online in 2026 with each be able to produce 200,000 liters of ethanol daily from corn and broken rice. Three more ethanol plants […]
In Argentina, Reuters reports the country has lowered the price for biodiesel slightly from May onwards to about $1.062 per metric ton while it raised prices for sugarcane-based ethanol nearly 10% to about 70 cents per liter. Although the increase was lower, the price for corn-based ethanol was increased to about 65 cents per liter. […]
In Washington, the Energy Information Administration reports ethanol production fell to an average of 965,000 barrels a day last week as seasonal maintenance continues, but in line with the same volumes during this period last year. As a result, stocks fell to an 18-week low of 24.2 million barrels. As a result of lower production […]
In Brazil, Compagnie Maritime Monegasque (CMM) announced the closing of up to $94 million in financing. The transaction was funded by Summit Ridge Capital Partners. Panorama Capital Partners sourced and advised on the transaction, and participated as a co-investor. This financing enables CMM to recompose its shareholder structure and to expand its fleet. As part […]
In Brazil, Ukragroconsult reports the Mato Grosso Institute of Agricultural Economics (Imea) data shows about a quarter of the state’s corn production when to ethanol in the 12 months ending in March 2024. Ethanol production during that period rose 39% on the year to 4.54 billion liters using more than 10 million metric tons of […]
