Ethanol is produced either as a petrochemical or through the fermentation of agricultural goods such as corn, sugarcane and other crops. Ethanol has many industrial applications, but is most commonly used to produce motor fuel which is added to gasoline.
Today, most US cars run on gasoline comprising up to 10 percent ethanol, known as E10. However, in some countries gasoline blends with up to 85 percent ethanol (E85) are also available.
The United States is both the largest consumer of gasoline, accounting for about two fifths of the world’s consumption on an annual basis, as well as the largest single renewable fuel market in the world. In 2012, the country switched to become a net importer of ethanol from being a net exporter the previous year, thus reflecting its growing domestic demand. Brazil is currently the world’s second largest ethanol producer while Europe, Africa and the fast growing Asian economies are rapidly moving into this expanding market.
TRINITY has traded ethanol since 2001 as an integral part of our role as a gasoline trader, importer, refiner and distributor. We have an important presence in the key markets of New York, Chicago, Florida, Houston, San Francisco and Los Angeles, where we maintain ethanol storage and a wide supply and distribution network.