Platts to introduce unique lifetime codes for all US RINs assessments

Platts will introduce unique identifying codes for all biofuels RINs (Renewable Identification Numbers) assessments, for each calendar year, supplementing the existing RINs codes. In the current system for identifying RINs assessments, Platts uses rolling codes aligned with compliance years under the Renewable Fuel Standard. For example, the current codes for corn-based ethanol (D6) RINs are RINCY01 for 2014 ethanol RINs and RINCY02 for 2015 ethanol RINs. Under the new method, Platts will introduce supplementary lifetime identifying codes such as 2015D6 for 2015 ethanol RINs to offer an alternative solution for tracking the assessments historically. Platts will launch these codes on July 27. Please send comments and feedback to americas_ags@platts.com and pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.