Abengoa highlights Hugoton plant during half year investor call
Tuesday, August 4, 2015 7:05 AM
Abengoa has released half year financial results, reporting revenues of EUR 3.39 billion ($3.71 billion), up 3 percent when compared to the first six months of the prior year. EBITDA increased by 9 percent, reaching EUR 650 million.
RFA applauds EPA for recalculating 2014 ethanol export estimates
Tuesday, August 4, 2015 7:03 AM
The Renewable Fuels Association has applauded a decision by the U.S. EPA to recalculate ethanol export estimates for 2014. In a memorandum, EPA said that it made an error in determining the 2014 available supply of renewable identification numbers.
Tiemann elected USGC chairman
Tuesday, August 4, 2015 7:00 AM
Alan Tiemann, a farmer from Nebraska, was recently elected as U.S. Grains Council chairman during the organization's 55th Annual Board of Delegates Meeting in Montreal, Canada. He has spent more than 35 years in production agriculture.
3 bioenergy-related House bills introduced in late July
Saturday, August 1, 2015 3:24 AM
In late July, several pieces of legislation were introduced that aim to impact the biorefining industry. Two of the bills aim to benefit bioenergy technologies, while a third would limit the U.S. EPA's ability to set cellulosic mandates.
DOE solicits applications for loan guarantee program
Saturday, August 1, 2015 3:22 AM
The U.S. Department of Energy has announced it is soliciting applications for up to $4 billion in loan guarantees to support renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.
Buis to step down as Growth Energy CEO, assume role of co-chair
Saturday, August 1, 2015 3:19 AM
Growth Energy has announced that CEO Tom Buis has been named as co-chairman of the organization's board of directors. He will continue overseeing the day-to-day operations of the organization until a new CEO has been appointed.
FRA rule aims to prevent unattended trains from rolling away
Saturday, August 1, 2015 3:17 AM
On July 29, the Federal Railroad Administration issued a final rule to prevent unattended trains that carry crude, ethanol, poisonous by inhalation (PIH), toxic by inhalation (TIH), and other highly flammable contents from rolling away.
USDA scientist helps Texas sorghum growers reduce water use
Saturday, August 1, 2015 3:14 AM
Susan O'Shaughnessy, an agricultural engineer with the USDA's Agricultural Research Service in Bushland, Texas, is providing guidance to sorghum farmers in the Texas High Plains who are trying to save water by using less-than-optimal amounts of it.
USGC presents ethanol export promotion strategy to delegates
Saturday, August 1, 2015 3:10 AM
An ethanol export promotion strategy developed in consultation with industry partners and the USDA was presented to U.S. Grains Council members from throughout the grains sector at USGC's 55th Annual Board of Delegates Meeting.
Pacific Ethanol sets second quarter record for ethanol sales
Friday, July 31, 2015 8:35 AM
Pacific Ethanol Inc. has released second quarter financial results, reporting the company sold a record 140.7 million gallons of ethanol during the three-month period. Net sales were $277.6 million and gross profit was $6.3 million.
Valero Energy Q2 earnings strong overall, weaker on ethanol
Friday, July 31, 2015 5:44 AM
Valero Energy Corp. reported strong second quarter earnings for the company on July 30, reporting net income from continuing operations attributable to Valero stockholders of $1.4 billion, or $2.66 per share, compared to $1.22 in Q2 2014.
Gevo announces first pump sales of isobutanol-blended gasoline
Friday, July 31, 2015 5:41 AM
Gevo Inc. has announced that Express Lube of Fredericksburg, Texas, is the first U.S. service station to sell gasoline blended with Gevo's renewable isobutanol at the pump. Express Lube has been selling the fuel at over a 50 percent premium to E10.
Argonne National Lab finds butanol is good for boats
Friday, July 31, 2015 5:39 AM
Argonne National Laboratory recently teamed with industry to investigate alternative fuels for recreational marine applications. Research has demonstrated the safety and effectiveness of a blend of fuel that includes 16 percent butanol.
USGC: Unlocking opportunities for DDGS in Canada
Friday, July 31, 2015 5:38 AM
A team of Canadian buyers and end-users of U.S. distillers dried grains with solubles (DDGS) recently visited the United States on a learning journey cosponsored by the U.S. Grains Council and the Corn Marketing Program of Michigan.
Green Plains investor call highlights export demand, MLP IPO
Thursday, July 30, 2015 8:16 AM
Green Plains Inc. has announced second quarter financial results, reporting net income of $7.8 million, or 19 cents per diluted share, compared to $32.3 million, or 82 cents per diluted share, during the same quarter of 2014.
UAI: Removing ethanol from gasoline increases toxic emissions
Thursday, July 30, 2015 6:52 AM
Many gas stations are promoting E0. It not only costs more than regular gasoline that contains 10 percent ethanol, new data shows it also burns dirtier in your engine which then puts more toxic emissions into the air.
Pacific Ethanol now producing corn oil at Columbia plant
Thursday, July 30, 2015 6:50 AM
Pacific Ethanol Inc. has begun commercial production of corn oil utilizing Valicor's corn oil recovery system at its Columbia ethanol plant located in Boardman, Oregon. All four of the western Pacific Ethanol plants are now producing the coproduct.
Commodities: Corn prices remain volatile ahead of harvest
Thursday, July 30, 2015 1:52 AM
The corn market caught a 53 cent rally from the end of June to mid-July. However, the price did a turnabout within 10 days, down about 51 cents.
Commodities: Natural gas delivery change lowers prices in Midwest
Thursday, July 30, 2015 1:44 AM
The Rockies Express Pipeline (REX) went into service in 2009, running from Wyoming to Ohio. At the time, gas out west was relatively cheap, and the eastern supply sources in decline. Now, REX is in the process of reversing its flow.
DuPont: Iowa cellulosic biorefinery mechanically complete
Wednesday, July 29, 2015 7:20 AM
DuPont has released second quarter financial results, reporting an 11 percent drop in sales and a slight increase in earnings per share. The company also noted its cellulosic refinery in Iowa is now mechanically complete.
Syngenta releases half year financial results
Wednesday, July 29, 2015 7:19 AM
Syngenta recently released its half-year results, reporting sales of $7.6 billion, up 3 percent at constant exchange rates. Second quarter sales increased 7 percent. EBITDA was $2 billion, up 21 percent at constant exchange rates.
USGC: Ethanol can improve China’s air, water quality
Wednesday, July 29, 2015 7:15 AM
A U.S. Grains Council mission including U.S. environmental and public health specialists recently traveled to China to discuss how air and water quality in that country could be improved through the use of ethanol in the country's fuel.
Commodities: Ethanol prices decline, follow outside markets
Wednesday, July 29, 2015 6:01 AM
Ethanol futures posted a strong 20-cent-per-gallon price retraction in the last half of July, following aggressive pressure in corn prices and most outside markets. As of July 27, RBOB gasoline futures had fallen over 30 cents from season highs.
Commodities: DDGS prices drop, renewing interest outside China
Wednesday, July 29, 2015 5:17 AM
As August approaches, values in the DDGS market have rebounded a bit. Chinese cargoes, which last month looked to be a lot more at risk of getting executed, either did get shipped, or got rolled to a deferred month.
Biofuel industry voices support for RFS as comment period ends
Tuesday, July 28, 2015 7:03 AM
July 27 is the final day members of the public can weigh in on the U.S. EPA's recently released renewable fuel standard (RFS) proposal. As the comment period comes to a close, supporters of the biofuel industry are actively making their voices heard.
Brazilian president officially opens cellulosic ethanol plant
Tuesday, July 28, 2015 7:01 AM
Brazilian President Dilma Rousseff launched Iogen Energy's cellulosic ethanol technology at the official opening of Raizen's newly expanded Costa Pinto sugar cane mill in Piracicaba, Sao Paulo, Brazil on July 22.
Dakota Spirit AgEnergy completes commissioning
Saturday, July 25, 2015 5:10 AM
A press conference was held at the 65 MMgy Dakota Spirit AgEnergy ethanol plant in North Dakota, marking the facility reaching its full commercialization phase. It’s the first corn-ethanol plant to be built in the U.S. in more than five years.
Saturday, July 25, 2015 3:08 AM
UNICA: Ethanol production, sales set new record in June
Saturday, July 25, 2015 3:03 AM
UNICA, the Brazilian sugarcane industry association, recently announced ethanol production and sales by mills in the country's south-central region hit record levels in June. Sales of hydrous ethanol were up 51.76 percent when compared to June 2014.
RFA: Motorcyclists celebrate 75 years at Sturgis
Saturday, July 25, 2015 3:00 AM
The Renewable Fuels Association will once again partner with the Buffalo Chip Campground to host the 75th annual Sturgis Motorcycle Rally, which is set to take place Aug. 3-9 in Sturgis, South Dakota.
New Holland, SUNY partner on biomass research
Saturday, July 25, 2015 2:58 AM
New Holland Agriculture is supplying equipment to the State University of New York that will aid in U.S. Department of Energy-funded research focused on finding ways to reduce the cost of delivering biomass for refinement.
EPA: 12.42 million cellulosic RINs generated in June
Friday, July 24, 2015 7:44 AM
The U.S. EPA has released renewable identification number (RIN) generation data for June, reporting that more than 1.56 billion RINs were generated during the month, including more than 12.41 million cellulosic RINs.
Lee Enterprises Consulting, Zeton announce strategic alliance
Friday, July 24, 2015 7:43 AM
Lee Enterprises Consulting, an alternative and renewable fuels consulting group, has announced a strategic alliance with Zeton Inc., which designs and fabricates lab-scale systems, pilot plants, demonstration plants, and other facilities.
Deinove unveils biobased muconic acid production program
Friday, July 24, 2015 7:41 AM
Deinove recently announced that it has completed conclusive proof of concept for the production of muconic acid by a Deinococcus bacterium and has decided to launch a new research and development platform in this field.
Low risk and reward
Friday, July 24, 2015 3:01 AM
The August issue of EPM has a plant optimization theme and contains stories about new technologies, plant trials, a profile of an energy systems chief and more, writes Tom Bryan of BBI International.
Queensland to implement biofuels mandate
Thursday, July 23, 2015 11:30 PM
Legislation introduced in the state of Queensland in Australia would mandate biofuels blending, starting at 2 percent, writes Mike Bryan of BBI International. This column appears in the August issue of EPM.
RFS comment period to close July 27
Thursday, July 23, 2015 7:00 AM
The public comment period on U.S. EPA's renewable fuel standard (RFS) proposal is set to close July 27. As of July 22, more than 45,000 comments had already been filed on the proposal.
Blume Distillation announces sale of biorefinery to Numbitrax
Thursday, July 23, 2015 6:57 AM
Blume Distillation LLC recently announced sale of its first African-based biorefinery. Numbitrax LLC, based in Touwsriver, Western Cape, South Africa, has completed a purchase agreement and fund transfer for a Blume biorefinery system.
RFA: Boat Racers return to Kansas for 'Shootout' on the water
Thursday, July 23, 2015 6:55 AM
The National Boat Racing Association recently held its annual Garnett Ethanol Hydroplane Shootout in Garnett, Kansas. The July 12-13 event invited boat racers to compete on the waters of Lake Garnett with ethanol-powered hydroplanes.
NCGA invests an additional $500,000 in Prime the Pump
Thursday, July 23, 2015 6:52 AM
The National Corn Growers Association announced the investment of an additional $500,000 to Prime the Pump, which seeks to expand fueling infrastructure capable of delivering higher blends of ethanol fuel to American consumers.
Wednesday, July 22, 2015 10:04 PM
New products undergo extensive research and collaboration before real-time testing. This story appears in the August issue of EPM.
Tax extenders package benefiting biofuels passes Senate committee
Wednesday, July 22, 2015 7:41 AM
The Senate Finance Committee has passed a tax extenders package that includes two-year extensions of tax credits for cellulosic biofuels and biodiesel. The next step for the legislation is consideration by the full U.S. Senate.
EIA proposes to expand biofuel data collection activities
Wednesday, July 22, 2015 7:40 AM
In July, the U.S. Department of Energy published a notice in the Federal Register inviting public comments on proposed revisions to certain information collection forms, including several focused on biofuel. Comments are due Sept. 8.
Liquid Light, Coca-Cola sign technology development agreement
Wednesday, July 22, 2015 7:39 AM
Liquid Light announced it has signed a technology development agreement with The Coca-Cola Co. The objective of the agreement is to accelerate the development of Liquid Light's technology which can make mono-ethylene glycol (MEG) from carbon dioxide.
EPA must listen to the people on RFS
Wednesday, July 22, 2015 3:18 AM
The EPA must listen to the voice of the American people, who have an outspoken desire for a strong RFS, writes Bob Dinneen, of the RFA. This column appears in the August issue of EPM.
Ethanol Rebounds From Two–Week Low as Corn, Gasoline Advance
Jun 7th, 2011
“It was outside markets,” said Michael Breitenbach, an analyst and trader at Blue Ocean Brokerage LLC in New York. “The planting issue continues to be a factor with corn. Ethanol is the nexus between the ‘ags’ and the energies. You’re seeing some uncertainty in both markets.” ...read more
New System, New Start For All Things RIN
With all the changes to the renewable identification number (RIN) system, many have been scrambling to understand and comply.
April 15th, 2010
David Steiner of Blue Ocean Brokerage LLC points out that under RINs1, ethanol and biodiesel RINs were interchangeable. Obligated parties could purchase either type. Now, with four RINs types, cellulosic, biomass-based diesel, advanced biofuels and renewable fuel, four distinct markets, each with its own pricing relationships, are created. “We’ll probably see less linkage between the different RINs markets,” he adds. For example, there was a big spread between biodiesel and ethanol RINS in early 2010. By mid–March biodiesel RINs had traded for 19 cents or even as high as 37 or 39 cents per gallon and ethanol RINs were only at 3.5 to 4 cents, Steiner says. That situation was created by the demand for biodiesel RINs since not as much biodiesel was blended in early 2010 as producers waited to hear whether the tax credit would be extended. Price differences won't stop with that example, he suggests. “Each market is going to function and have its own unique price as a result.” ...read more
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