Green Plains, Inc. (GPRE) continues its growth with a new joint venture with Jefferson Gulf Coast Energy Partners to construct and operate an intermodal export and import fuels terminal at Jefferson’s existing terminal located in Beaumont, Texas. It’s anticipated that the 50/50 joint partnership investment for Phase I development will be $55 million. The first phase, expected to be finished …
Court Dumps EU #Ethanol Duty
Breaking news came from Europe today as ethanol supporters were gathered in Kansas City that a European court has ruled against the European Union’s (EU) countrywide 9.5 percent antidumping duty on all ethanol imported from the United States. The duty had been in place since February 2013. Both the Renewable Fuels Association (RFA) and Growth Energy are pleased with the …
U.S. Net #Ethanol Exports Hit 52-Month High
Using new government data, the Renewable Fuels Association (RFA) is reporting that U.S. ethanol exports reached a 52 month high in April totaling 95.5 million gallons (mg), a slight uptick from March of 300,000 gallons and the highest monthly volume since December 2011. Once again China was the top destination receiving 34.5 mg of ethanol. India eked out Canada with …
US Ethanol Exports Swing Upwards
The Renewable Fuels Association (RFA) is reporting that U.S. ethanol exports totaled 95.3 million gallons (mg) in March, a 42 percent increase from February. This is also the highest monthly volume in more than four years. The data comes from the latest report from the U.S. government. The top export market was China (37 mg) followed by Brazil (20.7 mg) …
Grains Council CEO at #ACE16DC
The American Coalition for Ethanol (ACE) is a new member of the U.S. Grains Council, recognizing the important role that organization plays in the promoting exports of both ethanol and the livestock feed co-product DDGS. “We have a unified (ethanol) industry effort working together to build exports,” said USGC president and CEO Tom Sleight who visited with members of ACE …
#ACE16DC Gets Update on China DDGs Investigation
Back in January, China’s Ministry of Commerce (MOFCOM) initiated an investigation into anti-dumping and countervailing duties on imports of U.S. produced distillers dried grains with solubles (DDGS). The U.S. Grains Council has been on top of the situation from the start and provided an update for members of the American Coalition for Ethanol (ACE) meeting in Washington DC this week. …
Latest #Ethanol Trade Statistics
The latest ethanol and distillers dried grains with solubles (DDGS) export numbers show Brazil is importing more U.S. ethanol as exports of DDGS continue to decline. According to Renewable Fuels Association (RFA) analyst Ann Lewis, exports of U.S. ethanol totaled 67.0 million gallons in February, down 23% from January’s 14-month high. “Brazil overtook recent leaders Canada and China as the …
Ethanol Report on Trade Mission to Peru
The Renewable Fuels Association (RFA) was part of a recent trade mission to Peru led by Agriculture Secretary Tom Vilsack which included discussions about increasing cooperation with that country when it comes to ethanol production and exports. The March 13-15 trip went to Lima and the Piura region, where cane-based ethanol is produced, and featured meetings with ministry of energy …
House Members Urge Reduction in #Ethanol Tariffs
A bipartisan group of lawmakers sent a letter to U.S. Trade Ambassador Michael Froman this week urging him to examine opportunities to reduce any tariffs on U.S. produced energy, including ethanol, during the Transatlantic Trade and Investment Partnership (T-Tip) negotiations. “The U.S. ethanol industry has been unfairly targeted by the EU for increased duties (on ethanol) which have subsequently eliminated …
RFA, Growth Energy Join USGC
The U.S. Grains Council’s (USGC) membership is expanding. This month the Renewable Fuels Association (RFA) and Growth Energy became official members. Southwest Iowa Renewable Energy (SIRE) and Al-Corn Clean Fuel also joined this month. USGC says their newest members, especially the ethanol trade organizations, will benefit them in multiple ways as they work together to increase global ethanol exports. Both …