Nov 10, 2017   SOURCE: BusinessWire

Edeniq Advocates Strong 2018 Cellulosic Targets under the Renewable Fuel Standard

Edeniq, Inc., a leading cellulosic and biorefining technology company, this week joined representatives from other successful cellulosic technology companies for a Washington, DC “fly-in.” The group met with key Members of Congress to explain why it is critical that the 2018 cellulosic annual renewable volume obligation (“RVO”) is set at 384 million gallons, as was originally proposed by the U.S. Environmental Protection Agency (“EPA”) and sent to the Office of Management and Budget (“OMB”) in May. The 2018 cellulosic RVO will be included in EPA’s final 2018 federal Renewable Fuel Standard (“RFS”) rule due out later this month.

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Sarah Caswell, Edeniq's VP of Government and Regulatory Affairs (fourth from the right), at a Fuels ...

Sarah Caswell, Edeniq's VP of Government and Regulatory Affairs (fourth from the right), at a Fuels America briefing in Washington, DC on November 8, 2017. (Photo: Business Wire)

During a briefing for Capitol Hill staff, Sarah Caswell, Vice President of Government and Regulatory Affairs for Edeniq, said “it is critical that the EPA issue its final 2018 RFS rule with a cellulosic RVO at the level originally proposed to OMB in May, so that the RFS law will continue to work as Congress intended. By setting the 2018 cellulosic RVO at the level which reflects actual expected production for next year, EPA will be sending the all-important signal to the market that will give cellulosic producers and investors the confidence they count on to maximize growth and production. This progress will help meet the RFS cellulosic statutory volume requirements set by Congress a decade ago.”

Edeniq also joined other advanced and cellulosic biofuel companies in signing a letter to President Trump thanking him for his commitment to biofuels, and stressing the importance of the stability of RFS policy rule-making, including setting the 2018 cellulosic RVO in line with actual expected production.

About Edeniq, Inc.

Edeniq has developed leading processes for producing and measuring low-cost cellulosic ethanol. Edeniq’s operationally efficient solutions require zero capital investment and can be easily integrated into existing biorefineries. Edeniq currently sells or licenses its technologies to ethanol plants in the United States. Edeniq was founded in 2008 and is headquartered in Visalia, California with a field office in Omaha, Nebraska. More information can be found at www.edeniq.com.