SPECIAL REPORT: US ethanol forecast identifies refiner, marketer opportunities

This spring, US ethanol production capacity and imports are expected to exceed blenders’ current ability to blend ethanol into gasoline. During the next 2 years, new plants and expansions of existing plants will come on stream, creating by the end of 2008 an 8-10 billion gal/year (1.17 million b/d) ethanol production capacity. Only in 2009 will production capability finally match demand.In the meantime, refiners and gasoline blenders will have an opportunity to develop ethanol supplies for both current and additional blending requirements on a very attractive economic basis.This forecast by Houston BioFuels Consultants LLC (HBC) paints a picture of the US ethanol industry and market...

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