01 Increased Demand for Renewable Fuels The global market is experiencing growth, fueled by the increasing global demand for renewable energy sources. As concerns about climate change and the environmental impact of fossil fuels intensify, governments and consumers are actively seeking cleaner alternatives. Bioethanol, produced from plant-based materials like corn and sugarcane, has emerged as a viable solution. It offers a renewable and lower-carbon alternative to traditional gasoline, making it an attractive option for transportation and other applications. North America will produce around 63 million metric tons of ethanol and nearly 17 million metric tons of biodiesel in 2025. North America is expected to remain the largest biofuel-producing region in the world, primarily due to producers in the United States. By 2030, the United States alone is expected to account for nearly 77 million metric tons in biofuel production.
June 2026 POET broke ground on the expansion of its Shelbyville, Indiana bioethanol plant, a project that will double the facility’s production capacity to meet rising domestic and international demand for bioethanol and other bioproducts.
November 2025 Sumitomo Corporation acquired a stake in TruAlt Gas Private Limited and entered into a strategic collaboration with TruAlt Bioenergy to develop compressed biomethane facilities in India, while also evaluating future expansion of bioethanol production capacity and sustainable aviation fuel (SAF) production from bioethanol.
June 2025 Praj Industries secured a contract from Enersur S.A. to develop a fully integrated bioethanol biorefinery in Paraguay, strengthening its international presence in bioethanol production technology and engineering.
May 2025 Praj Industries signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to establish a joint venture for compressed biogas (CBG), expanding its biofuel portfolio and creating synergies with its bioethanol business.