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WB Services announces clean energy scholarship program

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By WB Services LLC

February 12, 2014

Advanced Biofuels 

Ron Beemiller, president and CEO of WB Services LLC, has announced the launch of a Clean Energy Scholarship Program. The purpose of the scholarship is to promote the study and ultimately a career in the field of renewable fuels.

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The total U.S. corn supply is pegged at 14.781 billion bushels and demand at 13.150 billion bushels, creating ending stocks of 1.631 billion. The 12.4 percent carryout-to-use ratio is a very comfortable level that will limit upside movement in corn.

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Ron Beemiller, president and CEO of WB Services LLC, has announced the launch of a Clean Energy Scholarship Program. The purpose of the scholarship is to promote the study and ultimately a career in the field of renewable fuels.

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Natural gas prices have pushed up above $4.50 for the prompt NYMEX contract. That will be sufficient to limit natural gas consumption for power generation, but the demand reduction from fuel switching may also not be enough to rebuild inventories.

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While the debate over using crops for fuel continues, scientists are now reporting a new, fast approach to develop biofuel in a way that doesn't require removing valuable farmland from the food production chain.

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The U.K. Department of Energy and Climate Change has increased funding for its Renewable Heating Incentive training support program, due to high demand and interest. The initiative provides training on the installation of renewable heating systems.

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Covanta Holdings Corp. has released financial results for 2013, reporting operating revenue of $1.63 billion, down from $1.643 billion in 2012. Income from continuing operations was $45 million, compared to $134 million in 2012.

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The Andersons Inc. has released financial results for the fourth quarter and full year results for 2013, reporting record operating income of $50.6 million for the company's ethanol group. In 2012, the group reported a $3.7 million loss.

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RFA: Ethanol supporters send personal, pro-RFS comments to EPA

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By Renewable Fuels Association

February 12, 2014

As of today, approximately 40,000 Americans from all walks of life have submitted comments to the U.S. EPA voicing their opposition to the agency's proposed cut to the 2014 renewable fuel standard (RFS).

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The days of distillers grains being 140 percent the value of corn are behind us, at least near-term. With the Chinese New Year upon us, it is not clear how quickly we will get a resolution on China's intentions. Whatever happens will impact 2014.

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An ethanol-fueled vehicle designed by a team of students from Thailand earned the top place at the Shell Eco-marathon Asia 2014. Team "How Much Ethanol" from Panjavidhya Technological College Thailand drove 2,730 kilometers on a 1 liter of ethanol.

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ADM invests in Rennovia

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By Archer Daniels Midland Co.

February 11, 2014

Archer Daniels Midland Co. has committed to a $25 million equity investment in Rennovia Inc., privately held company that develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks.

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The U.S. Energy Information Administration revised its forecast for energy production from wood and waste biomass in its February Short-Term Energy Outlook. The industrial sector is expected to be the largest consumer of wood biomass this year.

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ADM invests in Rennovia

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By Archer Daniels Midland Co.

February 11, 2014

Archer Daniels Midland Co. has committed to a $25 million equity investment in Rennovia Inc., privately held company that develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks.

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A 49.9-megawatt (MW) biomass power plant recently began operations at the Delfzijl port in the northern region of the Netherlands. The Bio Golden Raand facility is operated by the Dutch utility Eneco.

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The biggest factor in ethanol markets will be projections of corn planting and building strength in the economy. Any economic strength seen through the first quarter is expected to result in increased gasoline demand, sparking higher ethanol usage.

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The U.S. Energy Information Administration has revised its forecast for 2014 ethanol production in its February Short-Term Energy Outlook. The EIA now predicts the U.S. ethanol industry will produce an average of 908,000 barrels per day this year.

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Lantmannen and Neova AB are merging their respective wood pellet businesses. The new company will include Neova's wood pellet business in Sweden and the corresponding Lantmännen Agroenergi businesses in Sweden and Latvia.

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According to a new report from Navigant Research, global demand for biofuels for road transportation will grow from 32.4 billion gallons in 2013 to 51.1 billion by 2022. The report analyzes the emerging markets and future opportunities for biofuels.

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With no changes to production estimates, the USDA's monthly World Agriculture Supply and Demand Estimates report lowered feed grain ending stocks for the marketing year in progress based on a 150-million-bushel increase projected for corn exports.

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Switzerland-based AVA Biochem recently announced it has begun production of renewable 5-hydroxymethylfurfural (5-HMF) at its Biochem-1 facility in Muttenz, Switzerland. The facility can currently produce up to 20 metric tons of the chemical annually.

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According to a new report from Navigant Research, global demand for biofuels for road transportation will grow from 32.4 billion gallons in 2013 to 51.1 billion by 2022. The report analyzes the emerging markets and future opportunities for biofuels.

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President Obama signed the 2014 Farm Bill into law during a Feb. 7 ceremony at Michigan State University. During his speech, Obama also announced the launch of a new "Made in Rural America" export and investment initiative.

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Versalis, Elevance partner to scale a new metathesis technology

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By Elevance Renewable Sciences Inc.

February 07, 2014

Versalis and Elevance Renewable Sciences Inc. have signed a memorandum of understanding (MOU) to establish a strategic partnership to jointly develop and scale a new metathesis technology to produce biochemicals from vegetable oils.

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The wallets of homeowners across the nation using propane or heating oil as a fuel source have likely taken a big hit this winter, due to unusually cold temperatures, compliments of the polar vortex, and frequent storms.

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Cropping systems that are profitable for farmers and balance societal needs for food, feed, fuel, energy and clean air and water are the focus and challenge of Iowa State University's Landscape Biomass Project.

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The Greenbrier Companies announced that it will design a new generation tank car of the future for rail transport of crude oil and ethanol that can better withstand the additional demands associated with operating unit trains.

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The U.S. DOE's Bioenergy Technologies Office has opened a $12 million funding opportunity for renewable carbon fibers. The aim is to develop a cost-competitive pathway to produce high-performance biobased carbon fiber.

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Cropping systems that are profitable for farmers and balance societal needs for food, feed, fuel, energy and clean air and water are the focus and challenge of Iowa State University's Landscape Biomass Project.

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The passage of the Farm Bill will positively impact the biomass industry and help to spur on additional development of renewable energy, according to several leading biomass companies and organizations that praised the long-awaited bill.

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