Every day, AFPM members make products that improve our lives and contribute to human progress — including fuels like gasoline, diesel and jet fuel that facilitate access to vital health services, and petrochemicals used as building blocks to create healthcare equipment, devices and technologies.
Current fuel at the pump contains 10 percent ethanol because Congress passed a law mandating ethanol use. Some are pushing for a higher proportion of 85 percent, known as E85.
A nationwide 95 RON octane standard for vehicles can deliver major carbon reductions in the nation’s light-duty auto fleet faster and at a lower cost than any other proposal being considered by policymakers right now, especially policies seeking to force nationwide vehicle electrification.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
U.S. petrochemical manufacturers are at the forefront of research and development into cutting-edge solutions to give new life to used plastic products. Leveraging their in-depth understanding of plastics’ molecular composition and the manufacturing process itself, AFPM members are investing in recycling technology, infrastructure and partnerships that will reduce mismanaged plastic waste by applying unlocking its value as a feedstock.
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
With recent plastic waste legislation from New York and New Jersey making headlines, we sat down with AFPM Senior Director of Petrochemicals, Transportation and Infrastructure Rob Benedict to discuss the petrochemical industry’s role in reducing plastic waste, new technological breakthroughs and how AFPM analyzes plastic waste policy proposals.
WASHINGTON, D.C. – Today, AFPM issued the following statement in response to an announcement from the Environmental Protection Agency (EPA) that it supports the January 2020 ruling from the 10 th Circuit Court of Appeals.
AFPM recently submitted comments to EPA in support of the Renewable Fuel Standard (RFS) general waiver petitions submitted by the governors of Louisiana, Texas, Oklahoma, Utah, Wyoming, and Pennsylvania.
