esterday in Washington, D.C., the U.S. ethanol industry – including leaders from the U.S. Grains Council (USGC), Growth Energy and the Renewable Fuels Association (RFA) – signed a quadripartite Memorandum of Understanding (MOU) with Petrolimex, the largest petroleum distributor in Viet Nam, recognizing the economic, environmental, human health and energy security benefits of increasing the use of fuel ethanol in transportation fuel mixes.
The MOU will help Petrolimex align its business with the Government of Viet Nam’s recent directive to promote the implementation of greater ethanol usage in the country.
The U.S. ethanol industry leaders said collectively that “This event is a big first step toward building Viet Nam’s capacity to leverage fuel ethanol so the country may take advantage of all the benefits ethanol provides. It promises to deepen our bilateral economic cooperation and trade between our countries. The U.S. ethanol industry is excited to work with the leaders in Viet Nam to bolster Petrolimex’s and Viet Nam’s fuel ethanol supply chain and infrastructure.”
U.S. ethanol industry leaders signing the MOU included USGC Chairwoman Verity Ulibarri, Growth Energy CEO Emily Skor and RFA General Counsel and Vice President, Government Affairs Edward S. Hubbard, Jr.
The ceremony also included Vietnamese representatives including the Minister of Industry and Trade (MOIT) Nguyen Hong Dien, Petrolimex Vice General Director Nguyen Xuan Hung, Vietnamese Ambassador Nguyen Quoc Dzung, and other leaders. Also present were representatives from the U.S. Department of State and U.S. Department of Energy.
The MOU follows the Viet Nam Ministry of Industry & Trade in December 2024 signing into law a directive aiming to boost fuel ethanol utilization across the country. The directive outlines steps and measures for industry and government stakeholders to promote fuel ethanol, develop new pricing mechanisms for ethanol blended gasoline and weigh potential policy actions related to the expanded use of fuel ethanol.
About the U.S. Grains Council
The U.S. Grains Council develops export markets for U.S. barley, corn, sorghum and related products including distiller’s dried grains with solubles (DDGS) and ethanol. With full-time presence in 28 locations, the Council operates programs in more than 50 countries and the European Union. The Council believes exports are vital to global economic development and to U.S. agriculture’s profitability. Detailed information about the Council and its programs is online at www.grains.org.
About Growth Energy
Growth Energy represents producers and supporters of ethanol working to bring consumers better choices at the fuel pump, grow America’s economy and improve the environment for future generations. The organization’s national campaign – online at www.GetBiofuel.com – serves as the leading source of information for consumers seeking cleaner, more affordable fueling options. For more information on our organization, visit www.GrowthEnergy.org, follow on Twitter @GrowthEnergy, or connect on Facebook.
About the Renewable Fuels Association
The Renewable Fuels Association is the leading trade association for America’s ethanol industry. Its mission is to advance the development, production, and use of ethanol fuel by strengthening America’s ethanol industry and raising awareness about the benefits of renewable fuels. RFA’s members are working to help America become cleaner, safer, more energy independent and economically secure. For more information, visit EthanolRFA.org.
