Corn Growers, Ethanol Industry Praise Trump's New Biofuels Plan, but Petroleum Refiners Unhappy

SUGAR LAND--October 7, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--There was much rejoicing in the Heartland on Friday after the Trump administration announced a plan to ramp up U.S. biofuel consumption in a bid to boost support among Midwest corn farmers and the ethanol industry. On the other hand, U.S. petroleum refiners signaled their strong opposition to the plan, saying their industry is already hurting from the biofuel mandates. Industrial Info is tracking more than $1.7 billion in ethanol fuel project activity in the U.S. Within this article: POET biorefining facility in Shelbyville, Indiana