Alto Ingredients Applauds Passage of Assembly Bill 30 Expanding E15 Fuel Options in California

Core Insights - Alto Ingredients, Inc. welcomes the signing of Assembly Bill 30, which authorizes the sale of E15 fuel in California, enabling the company to meet the rising demand for affordable, domestically produced ethanol blends while supporting clean energy goals [1][2][3] Company Positioning - With the approval of E15 fuel sales, ethanol consumption in California could increase by over 600 million gallons annually, positioning Alto Ingredients to leverage its production capacity of up to 350 million gallons of low carbon ethanol [2] - The CEO of Alto Ingredients commended the legislation for expanding consumer choice and promoting lower-carbon fuel options, indicating that it validates the role of American ethanol and encourages investment in infrastructure and job creation [3] Industry Impact - The legislation is expected to support California's evolving low carbon transportation fuels market, aligning with the state's ambitious climate objectives [1][2][3]