August 3, 2023
BY Erin Voegele
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U.S. fuel ethanol production fell by 2% the week ending May 3, according to data released by the U.S. Energy Information Administration on May 8. Stocks of fuel ethanol fell more than 5% while exports were up 131%.
The Andersons Inc. on May 7 released first quarter financial results, reporting strong performance by the company’s Renewables segment on record high production and favorable ethanol margins.
Novaspect offers a case study of how technology application can assist ethanol producers in accessing and examining their plant data.
Alto Ingredients Inc. on May 6 reported that its Q1 earnings were negatively impacted by low crush margins and inclement weather, but that high-quality alcohol sales contributed to improved gross profit.
In August, maintenance personnel will gather at the Team M3 event in Sioux City, Iowa, to share knowledge, help each other maximize uptime and solve production problems.