Southwest Iowa Renewable Energy LLC announced its financial results for the twelve months ended Sept. 30. SIRE reported net income of $48.6 million or $3,681 per basic unit for the twelve months ended Sept. 30.
Rex American Resources Corp. has released fiscal third quarter financial results, reported record third quarter net income of $23.34 million for the three-month period ended Oct. 31, up from $9.87 million during the same period of the previous year.
On Dec. 2, the USDA announced it is making more than $5.6 million grant payments to 220 producers under the Advanced Biofuel Payment Program. An additional $4 million in grants are being awarded though three programs supporting bioenergy initiatives.
A processor and convertor of wine and beer waste into fuel-grade ethanol and livestock feed is establishing operations in Marion County. Quality Farms is investing $1.9 million resulting in the creation of 27 new jobs in Mullins, South Carolina.
Trestle Energy LLC has received approval from the British Columbia Ministry of Energy and Mines for three fuel pathways that drive down the carbon intensity of corn ethanol. The approach focuses on leveraging the agricultural sector.
The Renewable Fuels Association will co-host free Ethanol Safety Seminars Dec. 10-12 at the Portland Fire and Rescue Training Center in Portland, Oregon. The events primarily target first responders and safety officials, but are open to the public.
Edeniq Inc. has announced a joint development agreement with Global Bio-chem Technology Group Ltd. The companies will cooperate on the development of technology to convert corn stover to cellulosic sugars for use in the production of biochemicals.
A new distillation technology is ready to be tested at pilot scale, according to Dick Burton, CEO of Distillation Technologies Inc. He and his brother Sam Burton, have spent seven years developing the technology trademarked Bubble Spray Distillation.
UNICA, the Brazilian sugarcane industry association, has released an updated sugarcane harvest report, reporting ethanol production for the current harvest season is up 5.11 percent through the first half of November.
Environmental Entrepreneurs (E2) recently released its third quarter clean energy jobs report, reporting that more than 18,000 clean energy and clean transportation jobs were announced in 23 states during the quarter.
The December issue of EPM contains several articles based on the issues theme of plant safety and emergency response, as well as more information about the E15 situation in Chicago and Abengoa's recent plant ground breaking, writes Tom Bryan.
Companies should take steps to improve safety, compliance and loss control because it's the right thing to do, rather than simply to avoid citations.
The U.S. EPA has published renewable identification number (RIN) generation data for October, reporting that more than 1.4 billion RINs were generated during the month across all five categories, including more than 7 million cellulosic RINs.
Construction on Abengoa's self-powered cellulosic ethanol facility is complete. But that doesn't mean efforts to innovate are over.
Although several new requirements in the FSMA may impact ethanol plants, writes Andrew Anderson of Faegre Baker Daniels, the preventative control rule is likely the one that will have the most significant impact on day-to-day operations.
Dyadic International has released third quarter financial results, reporting increases in net product revenue and gross profit. "The past quarter continues to be an extremely exciting time at Dyadic," said Dyadic CEO Mark Emalfarb.
Codes of practice outline best practices for reducing risks when loading ethanol tank cars.
Abengoa recently released third quarter financial results, reporting positive performance for the company's biofuels business. For the first nine months of the year, the company reported overall revenues in line with those achieved in 2013.
Class I railroads have filed their fourth weekly status reports with the Surface Transportation Board. The reports provide an overview of operational performance for the week ending Nov. 8.
The U.S. Energy Information Administration has published the November issue of its Short-Term Energy Outlook, predicting that ethanol production will average 934,000 barrels per day next year.
Exciting progress is being made at Gevo Inc.'s Luverne, Minnesota, renewable fuel plant, and also within the company's recent commercial activities, Gevo CEO Pat Gruber reported during the company's third quarter conference call.
Brazil-based Cosan has released financial results for the third quarter, reporting a 2 percent increase in the volume of ethanol produced despite a 9 percent reduction in sugarcane crush volumes.
Ergon BioFuels LLC, a subsidiary of Ergon Inc., has announced plans to restart its 60 MMgy ethanol facility in Vicksburg, Mississippi, beginning May 2015. Ergon BioFuels is one of the largest ethanol producers in the southeastern United States.
California ethanol producer Aemetis Inc. reported record earnings for the first three quarters of 2014, turning the company around from the losses reported in 2013. For the first nine months of the year, Aemetis reported revenues of $166.2 million.
IGPC Ethanol Inc.'s fuel ethanol facility in Aylmer, Ontario, has now produced over 1 billion liters (264.17 million gallons) of ethanol, a substantial milestone in IGPC's history. The facility has been in operation for more than six years.
Murphy USA Inc. has released financial results for the third quarter, reporting $6 million of operating income from its 110 MMGy ethanol plant in Hereford, Texas. The company posted a loss of $900,000 for the facility during the same period of 2013.
USDA is still projecting a record corn crop, but just not quite as big, reducing its forecast by 68 million bushels in the Nov. 10 World Agricultural Supply and Demand Estimates. Corn production is now forecast at a record 14.407 billion bushels.
Class I railroads have filed their third weekly status reports with the Surface Transportation Board. The reports provide an overview of operational performance for the week beginning Oct. 26.
Aemetis Inc. has announced plans to establish a facility to produce liquefied carbon dioxide adjacent to its 55 MMgy ethanol plant in Keyes, California.
Archer Daniels Midland Co. reported good overall financial results for the third quarter, which ended Sept. 30, including significant improvements in corn processing. In fact, profit in this segment nearly doubled, reaching $356 million.
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