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Ceres reports favorable sorghum growth in Brazil in Q2 results

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By Katie Fletcher

April 10, 2015

Feedstocks Operations Markets 

On April 9, Ceres Inc. released financial results for the second quarter of 2015, reporting growing conditions in Brazil have been generally favorable for its sweet-sorghum collaboration with Raizen across most multi-hybrid field evaluation sites.

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The Surface Transportation Board has rescheduled a meeting of the Rail Energy Transportation Advisory Committee. The event, originally scheduled for March 5, was cancelled due to inclement weather. The meeting will now be held April 14.

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Deal forged on Minnesota bioeconomy legislation

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By Bioeconomy Coalition of Minnesota

April 10, 2015

Biobased industry, agriculture, and environmental interests recently reached agreement on legislation in Minnesota that would create production-based incentives for renewable chemicals, advanced biofuels and biomass thermal energy.

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Fuel ethanol got a boost in Mexico recently when state-owned oil company, Pemex, awarded four 10-year purchase contracts for anhydrous ethanol. Pemex announced contracts for 123 million liters (32 million gallons) of domestically produced ethanol.

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The U.S. Energy Information Administration has released the April edition of its Short-Term Energy Outlook, revising its 2015 and 2016 ethanol production forecasts. U.S. ethanol production is now expected to average 944,000 barrels per day this year.

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Nebraska ethanol producers continue to work with retailers across the state to provide fuel choice for consumers. The most recent of these ethanol producers is Husker Ag LLC, which has provided infrastructure grants to eight retail locations.

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On April 6, the National Transportation Safety Board issued four recommendations to the Pipeline and Hazardous Materials Safety Administration calling for more stringent safety requirements for rail cars transporting flammable liquids.

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Market conditions in mid-March showed ethanol producers could pay about 10 percent more than the current cash corn price before reaching the plant "shut-down level," according to an analysis by retired Iowa State University economist Robert Wisner.

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The job of a journalist includes constant learning. If I ever get to the point where I feel like I have learned all I need to know about the ethanol industry, it will be time to hang up my hat and do something else.

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Third Way has released a report highlighting the connection between first- and second-generation ethanol and the need for continued implementation of the renewable fuels standard (RFS).

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Ener-Core Inc. released an update on its pending sale to Dresser-Rand of two Ener-Core Power Oxidizers that will be coupled with the Dresser-Rand KG2-3GEF 2 MW gas turbine generators for Pacific Ethanol's Stockton, California, plant.

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The U.S. Energy Information Administration recently released the March 2015 edition of its Monthly Energy Review, which provides comprehensive ethanol production, consumption and trade statistics for 2014.

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VAC-U-MAX announces exhibition at the 31st Annual International Fuel Ethanol Workshop & Expo that will be held June 1-4 at the Minneapolis Convention Center in Minneapolis, Minnesota, exhibiting the latest advancements in industrial vacuum cleaning.

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Farmers who are considering selling corn residue from their fields to produce cellulosic ethanol first should weigh a range of site-specific factors to their operations, according to new research from an Iowa State University agronomist.

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The U.S. EPA is soliciting public comments on a proposed information collection request it plans to submit to the Office of Management and Budget regarding cellulosic volume projections and efficient producer reporting. Comments are due May 26.

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According to EIA monthly supply data through December 2014, which EIA released in late February, U.S. exports of fuel ethanol in 2014 reached their second-highest level at a total of 826 million gallons.

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Syngenta recently announced that it has signed a commercial agreement with Southwest Iowa Renewable Energy to begin using Enogen corn enzyme technology at its Council Bluffs, Iowa, ethanol production facility following the 2015 harvest.

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Rex American Resources Corp. has released financial results for fiscal year 2014, which ended Jan. 31, reporting net sales of $572.2 million, down from $666 million in fiscal 2013. Gross profits, however, more than doubled, reaching $141.9 million.

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The U.S. EPA has published renewable identification number (RIN) generation data for February, reporting that nearly 1.25 billion RINs were generated during the month, including nearly 7.93 million cellulosic RINs.

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Gevo Inc. has released 2014 financial results, reporting increased revenues when compared to 2013. During the fourth quarter, the company continued to progress with commercial production of isobutanol at its Luverne, Minnesota, plant.

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Ethanol maintenance managers met in Des Moines, Iowa, for their semiannual gathering to meet with vendors and learn from each other. In the best attendance yet, nearly 50 maintenance managers from plants in 12 states gathered, along with 85 vendors.

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The American Fuel & Petrochemical Manufacturers and American Petroleum Institute have filed a lawsuit in the U.S. District Court of the District of Columbia against the U.S. EPA regarding delays in finalizing 2014 and 2015 renewable fuel standards.

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On March 12, the U.S. Energy Information Administration published a report on direct federal financial interventions and subsidies in energy for fiscal year (FY) 2103. The report responds to a request from two members of Congress.

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Bobby Likis featured Judd Hulting, commodities manager at Patriot Renewable Fuels LLC, in Annawan, Illinois, during his two-hour Saturday morning radio show, Bobby Likis Car Clinic, on March 14.

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MXI Environmental Services LLC has completed installation of the distillation column for the company's new plant in Bristol, Tennessee. The installation went smooth and company is one step closer to operating.

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Ceres Inc. and Raizen S.A., have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet sorghum can extend the operating season of Brazilian sugarcane ethanol mills.

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Dyadic International Inc. recently released 2014 financial results, reporting revenue of $12.5 million, down from $17.1 million the prior year. The decrease is primarily attributed to a $6 million BASF upfront license fee in 2013.

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Aemetis Inc. has released 2014 financial results, reporting record revenues of $208 million, up from $178 million in 2013. Record adjusted EBITDA was $30 million in 2014, up from $10 million in the prior year. Gross profit was $37 million last year.

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Fuels America recently hosted a media event featuring leaders in the U.S. ethanol industry responding to a call from the American Petroleum Institute, the Environmental Working Group and ActionAid to dismantle the renewable fuels standard (RFS).

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Ergon BioFuels LLC recently announced that it has entered into a comprehensive services arrangement with Gavilon to originate and market grain at the company's Vicksburg, Mississippi, facility, which is expected to restart operations in May.

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