Florida-based Protec Fuel has announced plans for a multi-phase rollout of E15 and E85 in the southern portion of the U.S. The company will initially open 28 stations offering both E15 and E85 across the South and Southeast regions of the country.
Only the October futures contract remains to be settled before the end of summer. With winter looming around the corner, sparing some time to learn a few lessons from the prior year and plan for the upcoming heating season is a prudent course.
The International Energy Agency has released its third annual Medium-Term Renewable Energy Market Report, which includes forecasts for global biofuel and renewable energy growth. For the first time, the report also includes an investment outlook.
August is proving to be a month of making new contract lows in nearby corn futures. Soybeans had the same type of trade but the contract lows were for new crop. Mild temperatures and scattered moisture despite a dry July triggered some sell-off.
With no approval to admit DDGS into China with Syngenta's MIR 162 trait it's still the big story in the coproduct market. Shippers have been working to find resolutions for tons of product on contract but not yet shipped.
Despite the focus on potential record corn production this growing season, corn futures are showing an amazing sense of stability at the end of August. This is creating the potential for light to moderate buyer support.
The EurObserv'ER has released its annual Biofuel Barometer, reporting that last year was the first time the consumption of biofuels in Europe decreased. The report notes the decline is essentially related to Spain and Germany.
CHS Inc.has announced a new program to better enable some of the 1,400 Cenex branded locations to meet consumer demand for E15. The Cenex Tank Program will cover a significant portion of the cost to purchase and install E15 storage tanks.
Despite challenges surrounding imports, China has accomplished a feat never before seen. According to Chinese and USDA data, China has imported more than 3 million metric tons each of corn, sorghum and DDGS this marketing year, which ends Aug. 31.
It's important to remind ourselves that ethanol is about revitalizing small towns and farms in rural America, writes Mike Bryan. A 50 MMgy ethanol plant will generate nearly $200 million in yearly revenue in DDGS and ethanol sales alone.
Brazil-based Cosan recently released financial results for the second quarter, reporting a 16 percent increase in EBITDA for its Raizen Energia business unit, which comprises its sugar, ethanol and cogeneration operations.
Abengoa's biofuels and bioenergy business saw a strong second quarter in the Americas, Abengoa CEO Manuel Sanchez Ortega said during the company's first half of 2014 earnings call on Aug. 12.
Malaysian officials recently agreed to permanently exempt imports of U.S. distillers dried grains with solubles and corn gluten meal from the nation's new sanitary and phytosanitary and inspection regulations for agricultural commodities.
Aemetis Inc. has released second quarter financial results, reporting revenue of $57.2 million, a 21 percent increase over the same quarter of 2013. The company also outlined future improvement plans in a recent business update conference call.
The U.S. Energy Information Administration has released the August issue of its Short-Term Energy Outlook, reporting that ethanol production has averaged approximately 940,000 barrels per day over the past three months.
ICM Inc. is pleased to announce the successful start-up and commissioning of the dry-mill corn ethanol plant designed for ACA Bio Cooperative Limitada. The plant is located in Villa Maria, which is in the central province of Cordoba, Argentina.
The USDA survey-based yield forecast in the August supply/demand report pegs corn yield at a record 167.4 bushels per acre, up 2.1 bushel from last month's projection. The new forecast projects a record corn crop of 14.032 billion bushels.
The Canadian Renewable Fuels Association congratulates Arcade Station, Western Canada's only gas station selling E85 Ethanol fuel, on its opening in Vancouver.
An annual report on Brazil's biofuel sector has been filed with the USDA Foreign Agriculture Service's Global Agricultural Information Network, predicting Brazilian ethanol production will increase 5 percent next year.
The industry must push for change in the way fuels are blended and tested, writes Dave Vander Griend. Growth of the ethanol industry, producers of a clean high-octane fuel, is being blocked by U.S. EPA policies.
The ratio between D6 ethanol renewable identification numbers (RINs) and D4 biodiesel RINs are primary clues indicating the market expects the U.S. EPA to roll back its proposed cuts to the renewable fuels standard (RFS).
Corn use for ethanol production is likely to hit 5.1 billion bushels for the current marketing year, based on current estimates of 14.1 billion gallons of ethanol production, said University of Illinois ag economist Darrel Good in a recent analysis.
The Andersons Inc. has released financial results for the second quarter, reporting record operating income of $33.9 million for its Ethanol Group. The Ethanol Group also had record E85 sales and increased distillers dried grains and corn oil sales.
Much discussion of the E10 blend wall was to be found at the 2014 American Coalition of Ethanol conference. The last day of events began with retailers who were able to get over the wall and install equipment to sell E15 and E85.
A popular breakout session at the 2014 American Coalition for Ethanol conference discussed the potential impacts the Food and Drug Administration's Food Safety Modernization Act may have on plant operations.
Analyzing the past six months of U.S. EPA reports on renewable identification number generation, University of Illinois economist Nick Paulson suggests obligated parties don't expect the EPA's 2014 volumes to be as low as the EPA's proposed levels.
Canadian Bioenergy Association, the Forest Products Association of Canada, Lakehead University, Confederation College and the Biomass Innovation Centre of Nipissing University are partnering to offer a full-slate of events from Sept. 8-13 in Ontario.
The Iowa Renewable Fuels Association has announced Murphy USA has just converted four stations to now offer E15, E85 and biodiesel in Iowa, providing Iowa motorists with more low-cost, cleaner-burning fueling options.
Corn ethanol producers at the 2014 American Coalition for Ethanol conference spoke on how they are differentiating themselves from the pack through the addition of biodiesel, renewable diesel and cellulosic ethanol production.
The American Coalition for Ethanol revealed a new campaign at its annual conference centered on the slogan "Power by People." The campaign aims to change the way people fundamentally think about the ethanol industry.
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