Tuesday 23rd April 2024

twitter20-28

Biofuels groups are tired of ethanol being excluded from
China’s phase one purchases.

Growth Energy senior vice president of global markets Craig Willis says it’s been two years since the Chinese imported ethanol from the U.S.

“It was our third-largest export market, so there’s a ton of potential there. It’s the second-largest gasoline market in the world. They have an E10 program, so they can use 10 percent ethanol.”

Willis believes China could be a one billion-gallon market,
which would essentially double U.S.