U.S. Ethanol Producers Greet Revived Demand, Prices with Much-Needed Maintenance
U.S. Ethanol Producers Greet Revived Demand, Prices with Much-Needed Maintenance
Attachment: USethanolMaint1021
SUGAR LAND--October 27, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Things are looking up for the U.S. ethanol sector. Production recently hit its highest level since pandemic-driven lockdowns all but froze the industry last year, while spot ethanol prices nearly reached a seven-year high alongside surging crude oil prices. On top of that, strong corn harvests are providing plenty of cheap feedstock. Ethanol producers are focusing on keeping their existing facilities in ship-shape as they consider expansions. Industrial Info is tracking about 160 active maintenance-related projects in the U.S. ethanol-production sector that are slated to kick off by the end of second-quarter 2022, the bulk of which are found in the Midwest region.
Within this article: Details on some of the major maintenance-related U.S. ethanol-production projects set to begin through June 2022, including those from key companies such as POET LLC, Green Plains Incorporated (NASDAQ:GPRE) and Valero Energy Corporation (NYSE:VLO).
Other companies featured: Flint Hills Resources LLC
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