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Cheese whey, barley, potato waste, beverage waste, and brewery and beer waste have been used as feedstocks for ethanol fuel, but at a far smaller scale than corn and sugarcane ethanol, as plants using these feedstocks have the capacity to produce only 3 to 5 million US gallons (11 × 10 ^ 3 to 19 × 10 ^ 3 m 3) per year.
Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.
Valero is ranked No. 31 on the Fortune 500 rankings of the largest United States corporations by total revenue as of 2018. [33] For 2023, the company reported earnings of US$9.149 billion, with an annual revenue of US$144.766 billion. Valero Energy's shares traded at $130 per share, and its market capitalization was valued at over US$44 billion ...
The Voyager Ethanol plant in Emmetsburg, owned by POET, LLC, will be converted from a 50-million-US-gallon-per-year (190 × 10 ^ 3 m 3 /a) conventional corn dry mill facility into a 125-million-US-gallon-per-year (470 × 10 ^ 3 m 3 /a) commercial-scale biorefinery producing ethanol from not only corn but also the stalk, leaves, and cobs of the ...
In 2006, the United States president George W. Bush said in a State of the Union speech that the US is "addicted to oil" and should replace 75% of imported oil by 2025 by alternative sources of energy including biofuels. Essentially all ethanol fuel in the US is produced from corn. Corn is a very energy-intensive crop, which requires one unit ...
May 15—WINNEBAGO — When Corn Plus, one of the oldest ethanol plants in the state, shut down in 2019 amid low prices for ethanol, about 40 employees were laid off and the community of Winnebago ...
The company aims to capture carbon dioxide emitted from 32 Midwest ethanol plants and transport it in liquefied form for underground storage in North Dakota, thereby making the project eligible ...
Green Plains Inc. is an American company based in Omaha, Nebraska [2] that was founded in 2004. [3] The company is the third largest ethanol fuel producer in North America (as of February 2012). [4] It was reported in early 2012 that the company ships approximately one billion gallons of ethanol per year. [3]