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Rex reports recent improvement in margins

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By Erin Krueger

March 21, 2019

Business Operations Markets 

On March 21, Rex American Resources Inc. released fiscal fourth quarter 2018 financial results, reporting its ethanol operations are being impacted by a continuing low margin environment and flooding in the Midwest.

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Data released by the U.S. Energy Information Administration March 20 indicates weekly U.S. ending stocks of fuel ethanol set a new record the week ending March 15, reaching 24.412 million barrels.

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FROM THE APRIL ISSUE: In collaboration with Ecolab, Badger State Ethanol has removed caustic soda from its front-end cleaning process.

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FROM THE APRIL ISSUE: Editor Lisa Gibson previews the magazine, including feature articles about an innovative approach to plant cleaning, industry reaction to a high-octane proposal, and a new education effort aimed at mechanics, and more.

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Aemetis Inc. has released fourth quarter 2018 financial results, providing an update on the performance of its California-based corn ethanol plant and reporting progress with its biogas and cellulosic ethanol projects.

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Optimal Efficiency

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By Troy Moore

March 15, 2019

FROM THE APRIL ISSUE: While fermenters and evaporators get priority, pipes, pumps and ductwork shouldn't be overlooked.

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Pacific Ethanol Inc. has announced plans to strategically realign its business over the next six months, including the potential sale of production assets. The company has engaged Piper Jaffray to aid it in that sales effort.

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Business Briefs

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By Ethanol Producer Magazine

March 14, 2019

FROM THE APRIL ISSUE: Solenis, BASF merge and BIO looses a top executive.

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The U.S. EPA on March 14 approved five more 2017 small refinery exemptions, pushing the number of approved waivers from 2016 and 2017 over 50, and 2.61 billion gallons, according to the American Coalition for Ethanol.

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Geoff Cooper, president and CEO of the Renewable Fuels Association, said in a media call March 14 that small refinery exemptions eroded demand for ethanol in 2018, and called for those ethanol gallons to be reallocated.

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The U.S. National Transportation Safety Board recently released it's Most Wanted List for 2019 and 2020, with a focus on the ethanol industry.

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Ethanol Producer Magazine, in conjunction with the International Fuel Ethanol Workshop & Expo, proudly invites nominations for the 2019 Ethanol Producer Awards.

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The U.S. EPA released its proposed rule to allow the year-round sale of E15 on March 12. The proposed rule also includes provisions for RIN reform.

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The USDA has lowered its forecast for 2018-'19 corn use in ethanol by 25 million bushels in its latest World Agricultural Supply and Demand Estimates report, released March 8. The WASDE report also predicts lower corn exports and larger stocks.

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Advanced BioEnergy has begun exploring strategic alternatives for its business operations, including the possible sale of one or both of its South Dakota ethanol plants. ABE also said it plans to continue to operate the plants if no sale occurs.

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European ethanol producer CropEnergies has announced plans to resume ethanol production at its facility in Wilton, U.K., starting in March. The company said the facility will initially run at reduced capacity to supply orders from British customers.

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UNICA, the Brazilian sugarcane industry association, has announced mills in the country's south-central region reported selling a record 1.83 billion liters (483.43 million gallons) of hydrous ethanol in January.

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FROM THE MARCH ISSUE: Yeast can be genetically modified through multiple techniques, all offering advancements for the ethanol industry.

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FROM THE MARCH ISSUE: Editor Lisa Gibson previews the magazine, including feature articles about the enhancement of yeast for ethanol production,ethanol and corn education initiatives, a biofilm-fighting success story, and more.

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On Feb. 19, Cardinal Ethanol announced it is exploring the potential sale of its 135 MMgy corn ethanol in Union City, Indiana. The company, however, said it currently plans to continue operations at the plant whether or not it is sold.

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FROM THE MARCH ISSUE: Chippewa Valley Ethanol Co.'s Bob Jewell shares what he's learned about efficiency through biofilm control.

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Consequences of a Lower pH

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By Dennis Bayrock

February 18, 2019

FROM THE MARCH ISSUE: Many plants decrease pH to treat bacterial contamination in fermentation, but this can cause numerous other issues.

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Business Briefs

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By Ethanol Producer Magazine

February 15, 2019

FROM THE MARCH ISSUE: Katzen International announces new president, new tech service rep joins Phibro, and Quick Oil Co and Casey's General Stores receive awards.

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The USDA recently released its Grain Crushings and Co-Product Production report with data for November, indicating corn use for fuel ethanol was down during the month. Sorghum consumption for fuel ethanol, however, was up.

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The Andersons Inc. has released fourth quarter 2018 financial results, reporting that its ethanol group was profitable during the quarter despite the low margin environment. Results for the group, however, were down year-over-year.

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Geoff Cooper, president and CEO of the RFA, addressed attendees of the National Ethanol Conference in Orlando, and outlined RFA's goals for the coming year, which include advocating for the RFS and and a high-octane fuel standard.

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On Feb. 11, Green Plains Inc. released fourth quarter 2018 financial results, reporting net income attributable to the company of $53.5 million, or $1.13 per diluted share. The company also indicated it could sell additional ethanol plants this year.

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Aemetis Inc. announced Feb. 7 that it has initiated the permitting and construction phase of its multi-dairy renewable biomethane digester cluster. The project will produce RNG will be used in ethanol production or as a vehicle fuel.

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Fluid Quip Process Technologies has completed the installation and startup of its patented Selective Grind Technology at the 150 million gallon per year CHS ethanol facility located in Rochelle, Illinois.

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On Feb. 5, Archer Daniels Midland Co. released fourth quarter 2018 financial results, reporting ethanol margins and volumes were down during the period in a continued weak industry pricing and margin environment.

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