Japan Commits to Double Its Ethanol Demand

President Biden made a trip to Japan recently, and during discussions with the Japanese prime minister, Japan committed to reducing its dependence on imported petroleum by 2030. 

That means they’re doubling their demand for ethanol, including sustainable aviation fuel and on-road fuel, possibly representing more export opportunities for the U.S. 

The U.S. Grains Council says America’s Ambassador Rahm Emanuel continually supported expanding ethanol use in Japan. 

“Expanding bioethanol use in Japan is a strategic goal of the Council,” says USGC Vice President Cary Sifferath. 

“Ambassador Emanuel and his team have been an essential partner for USGC to discuss the benefits of increased biofuels use to the Japanese consumer and a way for Japan to meet its carbon emissions goals.” 

USGC President and CEO Ryan LeGrand and Sifferath recently traveled to Tokyo, where ethanol was a major topic of discussion. 

Japan currently ranks as the fourth-largest market for U.S. ethanol during the 2021-2022 marketing year.

(Story Courtesy of the NAFB News Service)