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Economist examines hedgers concerns with proposed CFTC rules

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By Susanne Retka Schill

December 11, 2014

Business 

Commodity hedgers are facing another round of changes in position limits. The comment period has been reopened for the Commodity Futures Trading Commission's last proposal on position limits for agricultural commodities.

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BNSF Railway Co. reported it held only four ethanol unit trains and 105 grain unit trains short of designation or scheduled interchange for longer than six hours during the week ending Dec. 6. Canadian Pacific held six ethanol and six grain trains.

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German Pellets GmbH has released its third quarter financial results, reporting a good start to the heating season and a new 10-year contract with a European customer. The company also announced its Louisiana pellet plant will begin operations soon.

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Moving Forward, Not Backward

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By Tom Buis

December 11, 2014

It is of critical importance that the U.S. EPA moves forward, not backward in meeting the goals of the RFS as it reworks the 2014 renewable volume obligation rule, writes Tom Buis of Growth Energy.

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Lincolnway Energy LLC reported net income of $18.0 million, or $428.70 per unit, for the fiscal year ended Sept. 30. The company also highlighted several improvements made at the plant, including the installation of a natural gas boiler.

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NatureWorks and Northern Technologies International Corp. have announced they are collaborating on marketing and sales of Ingeo in India and surrounding countries, including Bangladesh, Pakistan, and Sri Lanka.

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Thermal Power Service division of Alstom Hungary Ltd. has successfully accomplished its first air quality project. Alstom supplied and put in operation two new electrostatic precipitators in one of the biomass-fired blocks of Pecs Power Plant.

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The New Zealand Superannuation Fund has made a $60 million equity investment in leading gas fermentation company LanzaTech. The company turns waste gas from steel mills into ethanol and other high value fuels and chemicals.

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Rivertop Renewables, a Montana-based specialty chemicals company, has begun construction of its first commercial plant, located at DanChem Technologies Inc.'s facility in Danville, Virginia. The facility will produce several biobased products.

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Paul Smith's College is installing a highly sustainable, state-of-the-art wood-pellet boiler system, which will heat its three academic buildings. The project was partially supported by the New York State Energy Research and Development Authority.

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KiOR Inc. is expected to proceed with a bankruptcy auction in early January following a Dec. 8 order issued by a judge with the U.S. Bankruptcy Court for the District of Delaware.

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A new ASTM International standard will be used in isobutanol manufacturing to test its purity for use in the chemical and fuel markets. Isobutanol manufacturers and quality laboratories that work with fuels will be the primary users of ASTM D7875.

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Indiana landfill gas-to-energy project begins operations

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By Republic Services Inc.

December 10, 2014

Republic Services recently announced the start of operations at its latest landfill gas-to-energy project. The new 6 MW project at County Line Landfill involves four engines operating at one energy generation facility.

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Ethanol Producer Magazine digs into the details of ethanol production in Iowa and how the industry got started.

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Supply and demand numbers for U.S. feed grains were mostly unchanged in the Dec. 10 World Agriculture Supply and Demand Estimates report, with a small increase in projected corn food, seed and industrial use reducing ending stocks slightly.

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Greenbelt Resources raises $550,000

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By Greenbelt Resources Corp.

December 10, 2014

Greenbelt Resources Corp. has raised $550,000 from individual qualified accredited investors. The net proceeds will be used for working capital needs, including the transition of the company's R&D facility to a commercial biorefinery.

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Kansas challenges EPA ethanol emissions model

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By Kansas Attorney General's Office

December 10, 2014

Kansas Attorney General Derek Schmidt has asked a federal appeals court to block new U.S. EPA regulations that discourage the use of ethanol by requiring states to adopt conclusions about ethanol emissions not backed by scientific facts.

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The fate of an ordinance that would require gas stations in Chicago to carry E15 is still unknown. Passed by the city council's finance committee on Monday, a vote by the full council was deferred Dec. 10 for at least a month.

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Stora Enso will concentrate its new biomaterials business development in an innovation center that will be located in the Stockholm area in Sweden. The center is expected to open during the second quarter of 2015.

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The Federal Energy Regulatory Commission's Office of Energy Projects recently published its Energy Infrastructure Update for October, reporting seven biomass units with a combined 102 MW capacity was were placed into service during the month.

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Iowa is home to two ethanol plants currently producing cellulosic ethanol and one that is nearing construction completion. Another notable project is algae production colocated with a corn-ethanol plant.

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A new ASTM International standard will be used in isobutanol manufacturing to test its purity for use in the chemical and fuel markets. Isobutanol manufacturers and quality laboratories that work with fuels will be the primary users of ASTM D7875.

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The biofuels mobile education center is a 45-foot long trailer filled with interactive touch screen computers, educational displays, movies and more, to educate visitors about ethanol and other biofuels.

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Leaders of Sustainable Biofuels, an industry coalition to promote advanced biofuels, met on Dec. 4 at the European Parliament. LSB, chaired by UPM's Marko Janhunen, is advocating for a strong EU-wide subtarget for advanced biofuels.

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The Danish Ministry of Climate, Energy and Building recently posted a notice to its website announcing a new voluntary agreement formed with members of its domestic energy industry on sustainable biomass.

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Enviva Holdings LP and John Hancock Life Insurance Co. announced plans to develop wood pellet plants and export terminals in the southeastern U.S. Construction on a pellet plant and export terminal in South Carolina is expected to begin this month.

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The U.S. Energy Information Administration has released the December issue of its Short-Term Energy Outlook, reporting new records for average weekly and monthly ethanol production. The EIA also increased its 2015 production forecast.

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Leaders of Sustainable Biofuels, an industry coalition to promote advanced biofuels, met on Dec. 4 at the European Parliament. LSB, chaired by UPM's Marko Janhunen, is advocating for a strong EU-wide subtarget for advanced biofuels.

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Not So Fast

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By Brian Jennings

December 09, 2014

Authentic grassroots advocacy has more power than any lobbyist, writes Brian Jennings of ACE. Big Oil lobbyists were ready to celebrate the rewriting of the RFS but "power by people" won the day.

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GRFA: Biofuels can reduce global transportation GHG emissions

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By Global Renewable Fuels Alliance

December 09, 2014

As COP 2014 is fully underway in Peru, the Global Renewable Fuels Alliance has reiterated that biofuels are presently one of the most commercially viable ways to reduce greenhouse gas emissions from transportation in the medium-term.

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