Enogen Footprint Is Expected to Expand in 2018
Syngenta reports Enogen premiums-to-date paid to corn growers will top $100 million this year.
Since its introduction, Enogen® corn enzyme technology has provided corn growers with the opportunity to be enzyme suppliers for participating ethanol plants and earn a per-bushel premium. Syngenta reports that premiums-to-date paid to Enogen corn growers are expected to surpass $100 million during 2018.
“With Enogen, ethanol producers can redirect the money they previously used to buy liquid alpha amylase to local farmers instead, in the form of a premium valued up to 40 cents per bushel,” Tingle says. “This is especially significant given today’s commodity prices.”
“Ethanol has become an important success story,” Tingle says. “It’s helping America reduce its dependence on foreign oil, lowering prices at the pump, improving the environment with lower emissions, and growing the economy with jobs that can’t be outsourced. Syngenta is proud to partner with corn growers and the ethanol industry to help provide consumers with the choice to purchase a superior, higher octane fuel and pay less.”
Enogen premiums-to-date paid to #corn growers will top $100 million this year. @SyngentaUS #Enogen4Energy
Nearly 40 percent of U.S. corn goes toward ethanol production. According to Chris Tingle, head of commercial operations for Enogen at Syngenta, providing alpha amylase enzyme to ethanol plants as Enogen grain is helping corn growers maximize return on investment for their ethanol acres. He adds that this unique business model supports rural America by keeping enzyme dollars local and helping ethanol plants be more successful.
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“With Enogen, ethanol producers can redirect the money they previously used to buy liquid alpha amylase to local farmers instead, in the form of a premium valued up to 40 cents per bushel,” Tingle says. “This is especially significant given today’s commodity prices.”
Syngenta is currently contracting with more than 1,700 corn growers and has marketing agreements with 31 ethanol plants across 12 states. This year’s ethanol production with Enogen corn is expected to be over 2.5 billion gallons.“With Enogen, ethanol producers can redirect the money they previously used to buy liquid alpha amylase to local farmers instead, in the form of an up to 40-cent-per-bushel premium. This is especially significant given current commodity prices.”
“Ethanol has become an important success story,” Tingle says. “It’s helping America reduce its dependence on foreign oil, lowering prices at the pump, improving the environment with lower emissions, and growing the economy with jobs that can’t be outsourced. Syngenta is proud to partner with corn growers and the ethanol industry to help provide consumers with the choice to purchase a superior, higher octane fuel and pay less.”