The Office of the U.S. Trade Representative (USTR) announced on 22nd July the country-specific and first-come, first-served in-quota allocations under the tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar and sugar-containing products for Fiscal Year (FY) 2021 (October 1, 2020, through September 30, 2021).
The US Department of Energy (DOE) has selected seven projects for awards totalling US$1.94 million to conduct research and development to accelerate the adoption of performance-advantaged biofuel blendstocks. These fuels are derived from renewable feedstocks and can deliver exceptional efficiency with low emissions. The seven projects will leverage National Laboratory capabilities as part of the Co-Optimization of Fuels & Engines (Co-Optima) initiative.
The U.S. Environmental Protection Agency has put on hold indefinitely a proposal for the amount of biofuels refiners must blend into their fuel next year, reported Reuters.
Sugar beet growers and cooperatives in the US are expected to have a stronger financial year ahead, with improved production and high prices for the 2020-2021 crop ushering in a recovery from the stressful growing season last year, according to a report from CoBank.
According to three ethanol-industry sources and shipping data, a rare U.S. ethanol shipment will arrive in China before the end of May. This may be the first ethanol shipment to hit China since the two countries struck a trade deal earlier this year, reported Reuters.
An influx of cheap US and Brazilian ethanol threatens Europe’s producers as businesses resume operations, companies have told the European Commission, urging it to act to protect an industry reeling from depressed demand, reported Reuters.
The US lawmakers on 12th May introduced the stimulus package known as the HEROES Act that would include aid to biofuel producers after the demand for the fuel plummeted because of the coronavirus pandemic, causing mass shutdowns in the industry.
Over “70 ethanol facilities with an annual production capacity of 6.1 billion gallons have been fully idled, and approximately 70 more plants have reduced their operating rates by a combined amount of 1.9 billion gallons annualized” according to 24 senators in a letter to President Trump on 7th May to support the sector as the Covid-19 pandemic has resulted in steep decline in both gasoline and fuel ethanol demand
The Office of the U.S. Trade Representative announced on 3rd April country-specific and first-come, first-served in-quota additional allocations under the tariff-rate quotas (TRQs) on imported raw cane sugar for Fiscal Year (FY) 2020 (October 1, 2019, through September 30, 2020). The total additional allocation is 317,515 tonnes raw value.
Mexico’s government on 2nd May said the U.S. Commerce Department had published a notification of its intention to keep an agreement regulating Mexican sugar exports into the United States active for another five years, reported Reuters.