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Released March 21, 2024 | SUGAR LAND
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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, about half of which are in Iowa, Nebraska and Minnesota.
Click on the image at right for a graph detailing the top ethanol producers for second-quarter maintenance projects, by total investment value.
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. This includes three facilities, each with 120 million gallons per year of production, in the Iowa cities of Fairbank, Menlo and Shell Rock. Each program is expected to wrap up before the end of April.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuel Project Database can read detailed reports on the projects in Fairbank, Menlo and Shell Rock.
POET was among the biofuel producers that cheered the U.S. Environmental Protection Agency's (EPA) finalized rule last month that gave eight Midwestern states year-round access to E15: Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin. The EPA defines E15 as gasoline blended with 10.5% to 15% ethanol.
"E15 reduces America's reliance on foreign oil, cuts emissions, and lowers prices at the pump," said Joshua Shields, the Senior Vice President of Corporate Affairs for POET, in a press release. "However, truly maximizing the benefits of E15 will require repealing outdated and unnecessary federal restrictions. A waiver for E15 this summer is an important next step, but Americans ultimately deserve a permanent nationwide fix guaranteeing the freedom to access E15 year-round in all 50 states."
Earlier in February, POET lauded South Dakota for providing a five-cent per gallon retail tax incentive for E15. The company is preparing to kick off maintenance programs at three facilities in the South Dakota cities of Chancellor, Big Stone City and Hudson, which have annual outputs of 110 million, 100 million and 65 million gallons per year, respectively. Each program is expected to kick off in April, but is unlikely to wrap up before August or September. Subscribers can read detailed reports on the projects in Chancellor, Big Stone City and Hudson.
Earlier this month, Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) reached an agreement with Summit Carbon Solutions LLC (Ames, Iowa) to transport greenhouse-gas pollution from eight of Valero's production facilities on Summit's planned carbon pipeline, following POET's agreement with Summit on the same pipeline earlier this year. Summit applauded Valero's decision in a press release: "Participation from these eight facilities adds 1.1 billion gallons of ethanol per year and will lead to the capture of 3.1 million metric tons of CO2 annually. This will reduce the carbon intensity of ethanol production and further open access to low-carbon fuel markets."
Three of Valero's eight facilities are preparing for turnarounds in the second quarter: the 124 million-gallon-per-year facility in Lakota, Iowa; and the 110 million-gallon-per-year facility in Charles City, Iowa; and the 110 million-gallon-per-year facility in Welcome, Minnesota. For more information, see March 8, 2024, article - After Cancellation of One Carbon Pipeline, Valero Signs with Another; subscribers can read detailed reports on the projects in Lakota, Charles City and Welcome.
Green Plains Incorporated (NASDAQ:GPRE) (Omaha, Nebraska) rounds out many of the projects in Nebraska and Minnesota, including its plants in Wood River and Central City, Nebraska, which have outputs of 121 million and 116 million, respectively, and Fairmont and Fergus Falls, Minnesota, which have outputs of 119 million and 55 million, respectively. Subscribers can read detailed reports on the projects in Wood River, Central City, Fairmont and Fergus Falls.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects that are set to begin at U.S.-based ethanol plants in the second quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top ethanol producers for second-quarter maintenance projects, by total investment value.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. This includes three facilities, each with 120 million gallons per year of production, in the Iowa cities of Fairbank, Menlo and Shell Rock. Each program is expected to wrap up before the end of April.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuel Project Database can read detailed reports on the projects in Fairbank, Menlo and Shell Rock.
POET was among the biofuel producers that cheered the U.S. Environmental Protection Agency's (EPA) finalized rule last month that gave eight Midwestern states year-round access to E15: Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin. The EPA defines E15 as gasoline blended with 10.5% to 15% ethanol.
"E15 reduces America's reliance on foreign oil, cuts emissions, and lowers prices at the pump," said Joshua Shields, the Senior Vice President of Corporate Affairs for POET, in a press release. "However, truly maximizing the benefits of E15 will require repealing outdated and unnecessary federal restrictions. A waiver for E15 this summer is an important next step, but Americans ultimately deserve a permanent nationwide fix guaranteeing the freedom to access E15 year-round in all 50 states."
Earlier in February, POET lauded South Dakota for providing a five-cent per gallon retail tax incentive for E15. The company is preparing to kick off maintenance programs at three facilities in the South Dakota cities of Chancellor, Big Stone City and Hudson, which have annual outputs of 110 million, 100 million and 65 million gallons per year, respectively. Each program is expected to kick off in April, but is unlikely to wrap up before August or September. Subscribers can read detailed reports on the projects in Chancellor, Big Stone City and Hudson.
Earlier this month, Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) reached an agreement with Summit Carbon Solutions LLC (Ames, Iowa) to transport greenhouse-gas pollution from eight of Valero's production facilities on Summit's planned carbon pipeline, following POET's agreement with Summit on the same pipeline earlier this year. Summit applauded Valero's decision in a press release: "Participation from these eight facilities adds 1.1 billion gallons of ethanol per year and will lead to the capture of 3.1 million metric tons of CO2 annually. This will reduce the carbon intensity of ethanol production and further open access to low-carbon fuel markets."
Three of Valero's eight facilities are preparing for turnarounds in the second quarter: the 124 million-gallon-per-year facility in Lakota, Iowa; and the 110 million-gallon-per-year facility in Charles City, Iowa; and the 110 million-gallon-per-year facility in Welcome, Minnesota. For more information, see March 8, 2024, article - After Cancellation of One Carbon Pipeline, Valero Signs with Another; subscribers can read detailed reports on the projects in Lakota, Charles City and Welcome.
Green Plains Incorporated (NASDAQ:GPRE) (Omaha, Nebraska) rounds out many of the projects in Nebraska and Minnesota, including its plants in Wood River and Central City, Nebraska, which have outputs of 121 million and 116 million, respectively, and Fairmont and Fergus Falls, Minnesota, which have outputs of 119 million and 55 million, respectively. Subscribers can read detailed reports on the projects in Wood River, Central City, Fairmont and Fergus Falls.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects that are set to begin at U.S.-based ethanol plants in the second quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
