South Dakota-based biofuels producer POET has signed a purchase agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia. The Port of Savannah, one of the highest volume container ports in the U.S., has geographic synergy with several of POET’s key global markets for its animal feed products, including Dakota Gold dried distillers grains and …
Nebraska Higher Blend Tax Credits Available
Nebraska retailers who sell higher ethanol blends of fuel are now able to apply for tax credits made available through the passage of a bill passed unanimously by the state legislature and signed into law by Gov. Ricketts earlier this year. The Nebraska Department of Revenue began taking applications for the higher blend tax credits August 1. Under the law, …
Ethanol Report on Inflation Reduction Act
Several provisions within the Senate Inflation Reduction Act will benefit the U.S. ethanol industry and the communities it serves, according to the Renewable Fuels Association (RFA). In this edition of The Ethanol Report, RFA Vice President of Government and Public Affairs Troy Bredenkamp breaks down some pieces of the legislation that include funding for clean fuel production and enhanced opportunities …
Export Exchange 2022 Updates
The Renewable Fuels Association (RFA), U.S. Grains Council (USGC) and Growth Energy are firming up the agenda for Export Exchange 2022, October 12-14 at the Hilton Minneapolis. This will be the first Export Exchange since 2018, after global pandemic restrictions dictated the cancellation of the international event in 2020 and again in 2021. With the exception of 2020, the event …
Support for Year Round E15
Rep. Dusty Johnson (R-SD) was one of only seven Republicans to vote for the Lower Food and Fuel Cost Act passed by the House in June and one of the reasons was it includes year round access to E15. Johnson says approving year round E15 would result in having an extra eight billion gallons of liquid fuel every year in …
CARB Accepts Industry Evaluation of E15 Blends
California moved a step closer to allowing E15 with the acceptance by the the California Air Resources Board (CARB) of the Renewable Fuels Association’s (RFA) and Growth Energy’s joint multimedia evaluation of E15 blends Tier 1 report, the first step in a three-tiered evaluation process of the fuel blend. “RFA is pleased to see that CARB has accepted and posted …
Nebraska Ethanol Industry Continues to Expand
The Nebraska ethanol industry produced over 2.25 billion gallons in 2019, resulting in a value of production for ethanol and co-products of greater than $4.04 billion, according to a new University of Nebraska–Lincoln study estimating the industry’s impact in 2018 and 2019. The overall economic impact of the Nebraska ethanol industry is over $4.5 billion. “Nebraska’s ethanol industry remains an …
ACE Conference Offers Retailer Workshop
The American Coalition for Ethanol (ACE) annual conference is offering a free workshop for retailers interested in selling higher ethanol blends. The U.S. Department of Agriculture (USDA) will soon offer another $100 million in biofuel infrastructure grants under its Higher Blends and Infrastructure Incentives Program (HBIIP), so ACE is inviting retailers to learn how to get their share of available …
RFA Says Inflation Reduction Bill Will Help Ethanol
Renewable Fuels Association President and CEO Geoff Cooper says several provisions within the new Inflation Reduction Act will benefit the U.S. ethanol industry and the communities it serves. “Specifically for ethanol producers, the legislation includes provisions that provide funding for clean fuel production, higher biofuel blend infrastructure, enhanced opportunities for ethanol to play a greater role in sustainable aviation fuel, …
Next Gen Fuels Act Introduced in Senate
Sens. Chuck Grassley (R-IA), Joni Ernst (R-IA), Amy Klobuchar (D-MN) and Tammy Duckworth (D-IL) joined together Tuesday to introduce the bipartisan and bicameral Next Generation Fuels Act, which aims to leverage higher-octane fuels to improve engine efficiency and performance. Allowing the sale of fuels with greater octane levels would increase the amount of ethanol that can be utilized in the …