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EIA increases 2015, 2016 ethanol production forecasts

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By Erin Krueger

March 10, 2015

Policy Business Operations Markets 

The U.S. Energy Information Administration has published the March issue of its Short-Term Energy Outlook, increasing its forecasts for both 2015 and 2016 ethanol production. The U.S. is now expected to produce 947,000 barrels per day this year.

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The 2015 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, has released its highly anticipated agenda featuring more than 140 speakers and four comprehensive tracks. The event takes place June 1-4 in Minneapolis.

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Green Plains Inc. has announced that its newly formed subsidiary, Green Plains Partners LP, has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission.

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Pacific Ethanol Inc. has released 2014 financial results, reporting record net sales, gross profit, operating income, adjusted EBITDA and gallons sold. Neil Koehler, CEO of Pacific Ethanol, called 2014 a pivotal year for the company.

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The U.S. ethanol industry came off its best streak of profitability in January, one that ran 95 consecutive weeks without a loss for the model Iowa plant used to estimate and track industry profitability.

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Lallemand announces patent approval

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By Lallemand Biofuels & Distilled Spirits

March 05, 2015

Lallemand Biofuels & Distilled Spirits and Mascoma LLC are proud to announce that Lallemand has been awarded a patent for the technology that is used in TransFerm Yield+.

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Corn consumed for fuel ethanol was 445.7 million bushels in January, down 2 percent from December, but up 3 percent from November. Dry mills used 89.3 percent of that, while wet milling fuel production consumed the remaining 10.7 percent.

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For the ethanol industry, 2015 is about "moving ahead and moving faster," Growth Energy co-chairman Jeff Broin told attendees in his opening remarks at Growth Energy's sixth annual Executive Leadership Conference Feb. 26-27 in Phoenix.

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Secretary of Agriculture Tom Vilsack asked for the ethanol industry's support for the Trans-Pacific Partnership in his keynote address at the 2015 Growth Energy Executive Leadership Conference held in Phoenix Feb. 26-27.

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California GHG reporting obligations extend to ethanol

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By Graham Noyes, Keyes, Fox & Wiedman LLP

February 26, 2015

Graham Noyes, an attorney with Keyes, Fox & Wiedman LLP, discusses California's Mandatory Reporting of Greenhouse Gas Emissions program and its impact on ethanol producers and others who do business in the state.

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Aventine installs corn oil system at Nebraska plant

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By Aventine Renewable Energy Inc.

February 25, 2015

Aventine Renewable Energy Inc. has announced the successful installation of a $2.4 million Valicor corn-oil separation system at its Nebraska Energy LLC plant in Aurora, Nebraska. The system began operations in early January.

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A report published by the USDA Foreign Agricultural Service's Global Information Network provides an overview of the EU biobased economy and estimated biomass requirements for the production of biofuels, bioplastics, biochemicals and other products.

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Greenbelt Resources Corp. has launched an innovative program offering use of its operating commercial-scale facility to third parties for feedstock feasibility testing services. The services are available confidentially.

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On Feb. 24, the Environment Committee of the European Parliament approved a draft law to cap the production of traditional biofuels and accelerate the shift to alternative feedstocks, such as seaweed and waste.

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Brazil-based Raozen has released financial results for the third quarter of fiscal year 2015, reporting net revenue of R$16.98 billion ($5.9 billion), up from R$14.88 billion during the same period of the prior year.

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Abengoa's biofuels segment experienced the best year in its history in 2014 due, in part, to high margins and increased ethanol production and sales, company CEO Manuel Sanchez Ortega reported during the company's 2014 fiscal year financial results.

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The U.S. EPA has published renewable identification number (RIN) generation data for January, reporting that nearly 1.38 billion RINs were generated during the month, including more than 4.07 million D3 cellulosic biofuel RINs.

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The Surface Transportation Board has announced the Rail Energy Transportation Advisory Committee will hold a meeting March 5 in Washington, D.C. The meeting is open to the public. Written comments can be submitted at any time.

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Export numbers from the Wisconsin Department of Trade, Agriculture and Consumer Protection show an 18 percent increase in ethanol exports from Wisconsin, totaling an export value of over $250 million.

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At this year's National Ethanol Conference, the Renewable Fuels Association released a new ABF Economics study titled "Contribution of the Ethanol Industry to the Economy of the United States in 2014."

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The National Renewable Energy Laboratory has released its 2013 Renewable Energy Data Book, which features statistics on U.S. and global renewable energy generation, renewable energy development, clean energy investments, and technology-specific data.

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The first monthly survey of industrial grain crush and coproducts was released Feb. 19 by the USDA National Agricultural Statistics Survey, showing corn and sorghum consumption data for fuel ethanol, beverage alcohol and other uses.

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In 2014, the U.S. ethanol industry had its most profitable year in history, Bob Dinneen, president and CEO of the Renewable Fuels Association, said Feb. 19. "Critics may be legion but we will prevail," he said. "We are here to stay."

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The March issue of Ethanol Producer Magazine contains stories about corn, America's principal fuel ethanol feedstock, and market signals for growing the sorghum supply, writes Tom Bryan, president and editor in chief of EPM.

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Growth Energy has filed comments with the California Air Resources Board outlining its opposition to CARB's proposed amendments to the Low Carbon Fuel Standard and a proposed regulation on the commercialization of alternative diesel fuels.

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UAI, EFC urge recognition of ethanol as a way to reduce carbon

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By The Energy Future Coalition, Urban Air Initiative

February 18, 2015

The California Air Resources Board was urged to enhance its efforts to require low carbon fuels by supporting the increased use of clean burning ethanol as a means of displacing aromatics in gasoline to reduce carbon and protect public health.

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Lincolnway Energy LLC announced its unaudited financial results for the three months ended Dec. 31, reporting net income of $1.7 million, or $41.00 per unit, compared to a net loss of $300,000, or $6.39 per unit, for the same period of 2013.

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Bunge has released fourth quarter and 2014 financial results, reporting improved quarterly performance for its sugarcane milling and biofuels segment. The segment reported an adjusted EBIT $9 million loss, an improvement over the same period of 2013.

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Proving greenhouse gas reduction to the U.S. EPA now boils down to four numbers.

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Sustainable energy production has entered a new era in California as a consortium of American companies recently joined together with state energy officials to launch the Calgren Ethanol Biodigester, which utilizes waste from dairy farms.

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