Archer Daniels Midland Co. reported net earnings for the fourth quarter were $718 million, or $1.19 per share, and segment operating profit was $900 million. The company reported adjusted earnings per share of 61 cents.
Trestle Energy LLC has received a favorable carbon intensity rating from the California Air Resources Board for a pathway approach that creates a new coproduct credit from using corn stover for electric generation.
Valero Energy Corp. has released 2015 financial results, reporting the company's ethanol segment achieved increased production volumes, but decreased operating income. Overall, Valero reported increased adjusted net income.
The USDA has released a report detailing the impacts investments made by its Rural Development team have had on rural America. Bioenergy investments are among those highlighted in the document.
Three Poet biorefineries will expand ethanol production capacity by a combined total of 25 million gallons in this year. Poet Biorefining – Hanlontown, Poet Biorefining – Hudson, and Poet Biorefining – Caro will all expand capacity.
UNICA, the Brazilian sugarcane industry association, has announced that with the harvest season almost finished, the sugarcane crush in the south-central region reached approximately 594.08 million tons at the end of December.
For eight years, Joule has been working under the radar to develop and commercialize its CO2-to-fuel technology. This story appears in the February issue of EPM with the headline 'Industrializing photosynthesis.'
BBI International announced the agenda for the technical sessions of the 9th annual International Biomass Conference & Expo, North America's largest and fastest growing biomass conference, taking place April 11-14 in Charlotte, North Carolina.
In mid-December, Sen. Bernie Sanders, I-Vt., who is seeking the democratic presidential nomination, introduced legislation that aims to enact long-term extensions of several clean energy tax credits that benefit the bioenergy and biofuel sectors.
Two critical steps need to be finalized on the proposed 70 MMgy corn/milo ethanol plant at Onida, South Dakota, but Walt Wendland, president and chairman, is confident the last details will be finalized in the first months of the year.
The Iowa Renewable Fuels Association recently announced that Iowa's 43 ethanol plants produced over 4 billion gallons during 2015, up slightly from 3.9 billion gallons in 2014. Iowa continues to be the number one ethanol producing state.
Two producers share stories of how they keep bacteria in check. This article appears in the January issue of EPM.
Lincolnway Energy LLC has released financial results for the fiscal year ending Sept. 30, reporting net income of $2.7 million, or $63.06 per unit, down from $18.1 million, or $428.70 per unit, for the prior fiscal year.
The Andersons Inc. has announced plans to double capacity of its ethanol plant in Albion, Michigan. ICM Inc., which constructed the original plant, is contracted to build the expansion. The expansion project is expected to be complete in April 2017.
Ethanol plant case study examines effectiveness of antimicrobial alternative, writes Reed Semenza. This contribution appears in the January issue of EPM.
There are a number of factors in achieving proper and adequate deaeration of steam plants, to prevent corrosion, writes Robert Jewell. This column appears in the January issue of EPM.
For the second time in history, the U.S. ethanol industry's daily average production has reached 1 million barrels per day. Ethanol production averaged 1 million barrels per day the week ending Dec. 11, nearly meeting the record set in November.
Pacific Ethanol Inc. announced it is now producing cellulosic ethanol at its Stockton, California, facility using Edeniq Inc.'s pathway technology, which converts corn kernel fiber to fermentable sugars.
Chempolis Ltd. has entered into partnership with Avantha Group's research wing Avantha Centre for Industrial Research & Development to offer technology to India to extract ethanol from various agricultural residues.
Federal lawmakers have released the text of a $1.1 trillion spending bill that will fund the U.S. government through October 2016. An accompanying legislative package of tax extenders aims to extend certain bioenergy tax incentives for two years.
The Federal Trade Commission has issued its 2015 Report on Ethanol Market Concentration. As in prior years, the report concludes that any unilateral or coordinated attempt to exercise market power in the U.S. ethanol industry is highly unlikely.
The National Renewable Energy Laboratory has released its 2014 Data Book, showcasing increased use of renewable energy. According to the report, renewables accounted for approximately 11.1 percent of U.S. energy production in 2014.
UNICA, Brazil's sugarcane industry association, has announced rains slowed the pace of the sugarcane crush during the second half of November. The association also reported reduced demand for hydrous ethanol.
On Dec. 10, Marquis Energy celebrated reaching the milestone of 1 billion gallons of ethanol production. The total facility capacity is expected to be over 300 million gallons per year when the south unit comes online in the coming weeks.
USDA made small changes to its corn supply and demand projections in its last monthly World Agriculture Supply and Demand Estimates report for the calendar year, mostly due to ethanol.
The U.S. Energy Information Administration has released the December edition of its Short-Term Energy Outlook, increasing its forecast for 2015 and 2016 ethanol production to an average of approximately 960,000 barrels per day.
The final rulemaking for the 2016 renewable fuel standard (RFS) won't result in much more demand for corn, according to Darrell Good's weekly outlook, "Ethanol Production and Corn Consumption Prospects for 2016," in the FarmDocDaily.
USDA's National Agriculture Statistics Service recently released its December Grain Crushings and Coproducts Production report, noting total corn consumed for alcohol and other uses was 495.8 million bushels in October.
UNICA, the Brazilian sugarcane industry association, has announced mills in the south-central region of the country processed 25.61 million tons of sugarcane during the first half of November, up 10.71 percent from the same period of last year.
Abengoa has reportedly laid off staff at its Hugoton, Kansas, cellulosic ethanol plant and other facilities and offices worldwide. A former Abengoa employee said that the company cited financial difficulties as the reason for its actions.
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