Domino Sugar is increasing storage capacity at its refinery in Baltimore, which the company says will be the most significant construction endeavour the plant has ever undertaken.
US DoE offers US$59 million to expand biofuels production to decarbonise transportation sector [Full subscriber]
The US Department of Energy (DoE) said on June 1 that it would provide US$ 59 million to accelerate the production of biofuels for hard-to-decarbonise sectors such as aviation, marine and rail.
Following a request from the US Department of Agriculture (USDA), the US Department of Commerce (DOC) on April 29 announced an increase in sugar exports of 170,000 short tons (154,221 tonnes), raw value (with a polarity of less than 99.2 degrees), from Mexico could export to the United States in the current marketing year, which ends Sept. 30.
USA – M&A activity in 2021 involved twelve plants with over 5 billion litres of combined plant capacity [Full subscriber]
Mergers and acquisitions (M&A) in the US ethanol sector rebounded strongly in 2021, nearly doubling the deals in 2020, according to Ocean Park, a leading boutique investment bank focused on renewable fuels, energy, food, and AgTech and agribusiness sectors.
The U.S. Environmental Protection Agency has denied 36 petitions from small oil refiners seeking exemptions to the nation’s biofuel blending laws for the 2018 compliance year but will provide 31 of those refineries with another avenue to seek relief, the agency announced on 7th April.
USA – The Sugar Association urges FDA to mandate labelling of alternative sweeteners in products [Full subscriber]
The Sugar Association recently sent a supplemental petition to the FDA (Food and Drugs Administration) asking the government to mandate more transparency in labelling alternative sweeteners in products.
For the fiscal year (FY) 2022, the United States Department of Agriculture (USDA) revised and increased overall sugar marketing allotment quantity (OAQ) by 432, 657 short tons raw value (STRV, 392,500 metric tonnes) on December 22 – now totalling 10,802,657 STRV — which is divided between beet (54.35%) and cane sugar (45.65%).
The US Environmental Protection Agency (EPA) on 7th December called for cutting biofuel-blending quotas retroactively for 2020 while cracking down on waivers issued from 2019-2021 to refineries by the Trump administration, notching a win for the biofuels industry and farmers and a blow to oil refineries.
American Crystal Sugar Co. management recently announced to shareholders that they’d receive hefty payments of more than US$60 per ton for both the 2020 and 2021 crops.
Chemical firm LG Chem and agribusiness ADM recently signed a memorandum of understanding (MoU) that paves the way for forming a new joint venture that will construct and operate a commercial-scale corn-based lactic acid production facility in the United States in early 2022.