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The Andersons reports strong performance for ethanol group

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By Erin Krueger

August 08, 2018

Policy Business Operations 

The Andersons Inc. released second quarter 2018 financial results on Aug. 7, reporting improved performance for the company's ethanol group and the company as a whole. The ethanol group reported a 30 percent year-over-year increase in pretax income.

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The U.S. Energy Information Administration has released the August edition of its Short-Term Energy Outlook, maintaining its July prediction that ethanol production will average 1.04 billion barrels per day in both 2018 and 2019.

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UNICA, the Brazilian sugarcane industry association, has released sugarcane milling and ethanol production data for the first half of July, reporting ethanol production was up 26.24 percent when compared to the same period of last year.

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On Aug. 1, Green Plains Inc. released second quarter financial results reporting a year-over-year increase in revenues, reduced net loss and improved performance for its ethanol production segment.

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On July 31, Archer Daniels Midland Co. released second quarter financial results, reporting strong overall net earnings, but lower results for the bioproducts segments, which includes ethanol.

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Valero Energy Corp. has released second quarter financial results, announcing that its ethanol segment reported $43 million of operating income for the three-month period, up from $31 million during the same period of last year.

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Advanced Biofuels Canada announced the release of the Biofuels in Canada 2018 report, which updates and expands upon the last annual report by Navius Research released in 2017 and in 2016 in partnership with Clean Energy Canada.

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UNICA, the Brazilian sugarcane industry association, reported production units in the country's south-central region produced 2.35 billion liters of ethanol during the second half of June, up 30.44 percent when compared to the same period of 2017.

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FROM THE AUGUST ISSUE: Membrane dehydration technologies save energy, reduce carbon emissions and provide flexibility in ethanol purity. More plants are installing them and more technology developers are offering them.

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FROM THE AUGUST ISSUE: Ethanol Producer Magazine Editor Lisa Gibson previews this issue of the magazine, including a recap of the 2018 FEW, features on membrane technologies, the potential of a high-octane fuel standard and more

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FROM THE AUGUST ISSUE: A recap the events at the 2018 FEW in Omaha, Nebraska, including an opening speech from Growth Energy CEO Emily Skor; panels focused on efficiency, compliance, finance and more; and a tour of Southwest Iowa Renewable Energy

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The Minnesota Bio-Fuels Association (MN Biofuels) released its 2018 Half Year Report to its producer and vendor members at a networking event in Prior Lake, Minnesota, July 11.

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The U.S. Energy Information Administration has released the July edition of its Short-Term Energy Outlook, maintaining its June production that ethanol production will average 1.04 million barrels per day in both 2018 and 2019.

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The USDA recently released its Grain Crushings and Co-Products Production report for June, reporting that corn consumed for fuel alcohol reached 445 million bushels in April, down 6 percent from March but up 3 percent from April 2017.

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FROM THE JULY ISSUE: Sustainability reporting helps boost plant efficiency, and affects top and bottom lines.

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FROM THE JULY ISSUE: Cellulose molecules are more complex than starch molecules, so employing the proper enzymes in cellulosic ethanol production is vital. Optimization research is ongoing.

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FROM THE JULY ISSUE: Slow to start and with fewer gallons than targeted through the Renewable Fuel Standard, cellulosic ethanol is showing signs of steady growth.

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Octane Overconfidence

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By Ron Lamberty

June 26, 2018

FROM THE JULY ISSUE: American Coalition for Ethanol Senior Vice President Ron Lamberty lays out why oil refiners wouldn't use ethanol as a source of octane, under a high-octane fuel standard, without an RFS or RINs.

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FROM THE JULY ISSUE: Energy recycling technologies and changing market dynamics provide new options for electricity production, and revive opportunities for old ones.

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CMMS for Business Intelligence

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By Heather Wilkerson

June 25, 2018

FROM THE JULY ISSUE: Analyzing data from computerized maintenance management systems can boost operational efficiency and streamline HR, equipment monitoring, inventory and more.

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FROM THE JULY ISSUE: The energy efficiency push has achieved industry-wide results that experts hope can change outdated government and consumer perceptions of ethanol's benefits.

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FROM THE JULY ISSUE: Energy efficiency projects in distillation, dryers and centrifuges are reducing expenses and natural gas usage, but also boosting plants' capacities.

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Business Briefs

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By Ethanol Producer Magazine

June 25, 2018

FROM THE JULY ISSUE: Grains Council hires new communications director, Growth taps industry veteran to head global markets, Seneca Cos. names vice president of safety and more

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FROM THE JULY ISSUE: Managing editor previews this issue of the magazine including features about energy efficiency-boosting methods for plants, energy efficiency improvement data, how far combined-heat-and-power applications have come and more.

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Biofilms have gained attention recently across the ethanol industry. They really have an impact on all industries, Wayne Mattsfield, staff scientist for Phibro Ethanol Performance Group, said during a panel at the Fuel Ethanol Workshop & Expo.

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The Senate ag committee has approved its version of the 2018 Farm Bill with bipartisan support. The legislation includes an amendment offered by Sen. Amy Klobuchar, D-Minn., that restores mandatory funding to Farm Bill Energy Title programs.

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Kristin Moore and Graeme Walker were recognized June 12 for their contributions to ethanol industry during the 2018 Fuel Ethanol Workshop and Expo in Omaha. Moore was presented with the High-Octane Award and Walker received the Award of Excellence.

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Growth Energy CEO Emily Skor delivered the keynote address at the 2018 International Fuel Ethanol Workshop & Expo in Omaha, telling attendees that no other industry can hold a candle to the pace of growth of the ethanol industry.

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A panel of industry leaders discussed Reid vapor pressure (RVP) relief and small refiner exemptions during the general session of the 2018 International Fuel Ethanol Workshop and Expo in Omaha on June 12.

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During the first-ever Efficient Ethanol Production Seminar preconference at the International Fuel Ethanol Workshop & Expo, conversations focused on all things efficiency, including process heat, dehydration and combined-heat-and-power (CHP).

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