World Perspectives
biofuel

Biofuel Bits

U.S. RFS Volumes The Office of Management and Budget (OMB) is reviewing the EPA’s proposed rule under the Renewable Fuel Standard (RFS) program for establishing the mandated volumes of biofuel use in 2018. Under that preliminary proposal, the agency called for 19.24 billion gallons of renewable fuel: 15 billion gallons of conventional biofuel (e.g., primarily corn ethanol) and 4.24 billion gallons (ethanol equivalent) of advanced biofuel, including 238 million gallons of cellulosic biofuel and 2.1 billion gallons of biomass-based diesel. This has generated 236,370 comments, and the final rule is required by statute to be release by 30 November. Given the Department of Commerce’s (DoC’s) initial ruling in August calling fo...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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