USGC signs ethanol MOUs with government, industry leaders in Ecuador

In Ecuador, as a result of the U.S. Grains Council Latin America office’s engagement with key government officials and stakeholders in Ecuador, USGC president and CEO, Ryan LeGrand, met with both Ecuadorian government and industry leaders to sign memorandums of understanding to further advance ethanol use in the country.

The MOUs will act as a framework for future collaboration between Ecuadorian leaders and the Council as USGC aims to position ethanol as a cost-effective solution to decarbonize transportation and improve fuel quality in the region, solidifying a long-term Council effort to increase U.S market share for corn co-products, including both U.S. distiller’s dried grains (DDGS) and ethanol.

While in the country, LeGrand met with the Ministry of Energy, Petroecuador and the U.S. Ambassador to Ecuador. Together, the group signed an MOU to guide future collaboration on the improvement of fuel quality using higher blends of ethanol.

During LeGrand’s visit, an MOU was also signed with the local ethanol producers association, APALE, through which the Council seeks to implement a pioneering model in the region for ethanol use.