February 22, 2010

Biofuel news Part 1

ICIS News reporters were very busy in the past two weeks covering the National Ethanol Conference in Orlando, Florida (Feb. 15-17) and the 2010 National Biodiesel Conference in Grapevine, Texas (Feb. 7-10).

Let's start with the ethanol conference where this year's event drew even more delegates because of the perceived improved sentiment about the US ethanol industry, according to ICIS News. Attendance was estimated at around 1,300 delegates, 750 more than last year's.

The Renewable Fuels Association (RFA) noted at the conference that the industry's biggest challenge this year is getting the ethanol tax incentive program, which gives a tax credit of 45 cents/gal for ethanol blended in gasoline, extended.

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