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Game Plan for Capital Project Financing Discussions with Lenders

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By Jason Johnson

November 08, 2016

Business 

AgStar Financial's team leader reviews best practices for building good lender relationships. This Business Matters column appears in the December print issue of Ethanol Producer Magazine.

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USIPA's 2016 conference in Miami hosted a larger panel of U.S. producers to discuss the state of the industry, which USIPA executive director, Seth Ginther, attributed to the emphasis on pellet production growth at this year's conference.

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Fulcrum BioEnergy and BP have announced the signing of a major strategic partnership that includes a $30 million equity investment in Fulcrum by BP. The partnership accelerates the construction schedule for Fulcrum's next renewable jet fuel plants.

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Novozymes recently launched Fermax, an enzyme protease that prevents foam development during the sugarcane ethanol fermentation process, while delivering improved control and replacing chemicals.

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USIPA's 2016 conference wraps in Miami with a generally positive outlook on the future of the industrial pellet market, emphasized by growing near-term demand opportunities for U.S. producers in Europe, Asia.

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BioAmber Inc. recently released third quarter financial results, reporting sales of biosuccinic acid increased 45 percent when compared to the second quarter, reaching $3.7 million. In addition, the unit cost of biosuccinic acid fell 12 percent.

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The Andersons Inc. reported third quarter net income of $1.7 million, or 6 cents per diluted share, on revenues of $860. Pre-tax earnings were led by the ethanol group at $9.5 million, with the grain group earning $1.9 million.

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Holstein Travel Center, an Iowa retailer, is holding an ethanol pump promotion on Nov. 11–12 to celebrate the opening of new blender pumps. The travel center has has installed four blender pumps with eight hoses at its location in Holstein, Iowa.

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Rumpke is partnering with Energy Developments to construct a landfill gas-to-electric generating facility at the Brown County Landfill in Georgetown, Ohio. The 4.8 MW facility is estimated to produce enough electricity to power nearly 3,000 homes.

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On Oct. 27, the U.S. EPA approved an efficient producer pathway petition for Redfield Energy LLC, bringing the total number of plants to receive pathway approvals under the efficient producer program to approximately 63.

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U.S. ethanol exports totaled 99.6 million gallons (mg) in September, up 28 percent–nearly 22 mg–over August, according to government trade data released Nov. 4 and analyzed by the Renewable Fuels Association.

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Duke Energy Carolinas recently issued a request for proposals (RFP), seeking up to 750,000 MWh of energy located in its territory. Biomass and landfill gas are among the renewable energy resources eligible to apply.

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The 6th Annual USIPA conference kicks off in Miami with a keynote panel on Cross-Atlantic biomass perspectives, including remarks from Tom Tidwell, chief of the U.S. Forest Service; Bruce Westerman, U.S. Congressman; and Nigel Adams, U.K. MP.

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Fresh on the heels of Export Exchange 2016, leaders from the U.S. Grains Council are heading to the National Association of Farm Broadcasting's annual Trade Talk interview fair next week to talk trade policy, ethanol market development and more.

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PNNL researchers convert sewage into biofuel

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By Pacific Northwest National Laboratory

November 07, 2016

It may sound like science fiction, but wastewater treatment plants across the United States may one day turn ordinary sewage into biocrude oil, thanks to new research at the Department of Energy's Pacific Northwest National Laboratory.

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Enviva recently released its financial and operating results for quarter three of 2016, reporting that the demand for wood pellets continues to grow, driven by recent developments in Enviva's core markets.

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Renewable Energy Group Inc. recently released third quarter financial results, providing updates of operations at its Geismar renewable hydrocarbon diesel facility, its biodiesel operations, and other activities.

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On Nov. 4, the Paris Agreement on climate change entered legal force. It requires 195 nations, including the U.S., to take collective action to reduce greenhouse gas emissions and limit global temperature increases to no more than 2 degrees Celsius.

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On Nov. 4, the Paris Agreement on climate change entered legal force. It requires 195 nations, including the U.S., to take collective action to reduce greenhouse gas emissions and limit global temperature increases to no more than 2 degrees Celsius.

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Kentucky pellet project wins $2.52 million grant

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By Gov. Matt Bevin's office

November 04, 2016

Harlan Wood Products LLC was awarded a $2.52 million grant from the U.S. Office of Surface Mining and Reclamation Enforcement to develop a 75,000-ton pellet plant that will produce pellets for export to Europe, primarily Italy and Denmark.

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On Nov. 4, the Paris Agreement on climate change entered legal force. It requires 195 nations, including the U.S., to take collective action to reduce greenhouse gas emissions and limit global temperature increases to no more than 2 degrees Celsius.

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In anticipation of the 6th annual U.S. Industrial Pellet Association conference, the associate editor of Pellet Mill Magazine shares what she hopes herself and others can learn while visiting Miami.

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RFA hosting ethanol safety seminars in Alabama

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By Renewable Fuels Association

November 04, 2016

The Renewable Fuels Association is hosting free ethanol safety seminars in Alabama. Two classes on Nov. 8 will be in Prattville, Alabama, and the remaining two classes on Nov. 10 will be held in Decatur, Alabama.

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The U.S. EPA has proposed an amendment that will add railroad ties processed with creosote-borate, copper naphthenate and copper naphthenate-borate to its list of categorical nonwaste fuels under the Non-Hazardous Secondary Materials Rule.

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Pacific Ethanol sold a record 243.7 million gallons of ethanol during the third quarter of 2016. The increase reflected increased output from the company's eight plants and a 16 percent increase in third-party sales over the same period in 2015.

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The New Hampshire Wood Energy Council awarded the Rockingham County Complex for its commitment to modern wood energy during a National Bioenergy Day commemorative event, Oct. 19.

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SEER to supply N2SPlus systems to landfill gas projects

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By Strategic Environmental & Energy Resources Inc.

November 03, 2016

Strategic Environmental & Energy Resources Inc. has announced its wholly owned subsidiary, MV Technologies, secured purchase orders for its proprietary H2SPlus System for a fourth New Jersey landfill and MV's first landfill project in Massachusetts.

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Green Biologics Inc. recently announced a strategic partnership with HOC Industries, a custom blender, packager and distributor of consumer and government products, headquartered in Wichita, Kansas.

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UK REA: Next steps for biomass heat to be discussed in November

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By U.K. Renewable Energy Association

November 03, 2016

Since the last annual conference of the U.K.'s wood heating and combined-heat-and-power (CHP) industries, installations in several sectors have slowed in the face of months of policy instability and uncertainty.

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