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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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+.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
RFA: Study reveals wide-ranging economic impact of ethanol
By Renewable Fuels Association
February 19, 2015
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."
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.
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.
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."
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.
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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