“We had very good discussions with the NBB and demonstrated the ability of U.S. ethanol industry to produce both high quality feed and fuel at a low cost,” Director of Exports and Logistics Collin Watters said. “The Philippines is a world leader in biofuels policy that seeks to improve environmental, economic, health and social outcomes through the use of higher blends of ethanol. “I’m very optimistic that this mission will reinforce the relationships that IL Corn and the U.S. Grains Council have with the Philippines. I look forward to new opportunities to cooperate with Filipino government, research organizations, industry and other stakeholders to help the nation reach its biofuels goals.”
USCG signed a memorandum of understanding with Mariano Marcos State University and the National Bioenergy Research & Innovation Centre with the goal of growing capacity to change the country’s E10 bioethanol mandate to a nationwide E20 policy. IL Corn’s relationship with USGC is critical to the expansion of export markets overseas. We will continue to push for opportunities that positively impact Illinois farmers and increase corn demand.
“With an E10 nationwide mandate with clear path to E20, the Philippines is truly a global leader in biofuel utilization," Caleb Wurth U.S. Grains Council Regional Director of Southeast Asia and Oceania said. "The presence of this broad and comprehensive Philippine government delegation gives a strong signal that the Philippines would like the U.S. to be their partner of choice to assist, supply and invest in their journey. The Council, with support from IL Corn and the rest of the ethanol industry hope to do just that.”
“There are incredible opportunities for exports of ethanol and corn grain to Southeast Asia and the Philippines in particular,” Watters said. “It’s visits and conversations like these that are vital to the future of our farmers here in Illinois.”
Export demand is one of the key plays in IL Corn’s playbook. Read here to learn more about IL Corn’s top three game plans to drive corn demand in 2024.
