U.S. Ethanol Companies Plot More than 100 Maintenance Projects
U.S. Ethanol Companies Plot More than 100 Maintenance Projects
Attachment: US ethanol maint 2Q24
March 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. ethanol producers are preparing their production facilities for a busy year. The U.S. Energy Information Administration (EIA) recently predicted U.S. ethanol production will average 1.02 million barrels per day (BBL/d) in 2024, unchanged from 2023; fuel ethanol blending is expected to average 940,000 BBL/d this year, up from 930,000 BBL/d in 2023.
Industrial Info is tracking more than 110 maintenance-related projects at U.S.-based ethanol production facilities that are set to begin in the second quarter. One of the top ethanol producers in Iowa, which leads all other U.S. states in second-quarter maintenance at ethanol plants, is POET LLC (Sioux Falls, South Dakota), which leads all other companies in maintenance-project count and investment; other companies include Valero Energy Corporation (NYSE:VLO) and Green Plains Incorporated ( NASDAQ:GPRE).
Other companies featured: Summit Carbon Solutions LLC
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