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EIA revises short-term ethanol production forecast

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By Erin Krueger

May 14, 2015

Policy Business 

The U.S. Energy Information Administration has released the May edition of its Short-Term Energy Outlook, slightly revising its ethanol production forecasts for this year, but maintaining the forecast for 2016 production made in April.

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Dyadic International Inc. has announced details regarding 2G BIOPIC, a new advanced biofuels project funded by the European Commission's Horizon 2020 program. In the 2G BIOPIC project, Dyadic's subsidiary will develop a demonstration-scale facility.

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While alternative fuels like biofuels had obvious appeal when oil prices were well over $100 a barrel, the plummet in oil prices to $50 levels can threaten the cost-competitiveness of alternative fuels.

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The use of double-cropping systems, a winter annual biomass crop is grown then harvested in the spring, followed by a summer annual crop, has been suggested as an option to produce biofuel feedstocks.

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After a period of incredible profitability, leaders in the ethanol industry are better positioned for thinner margins.

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Blue Flint Ethanol stimulates corn expansion in McLean County, North Dakota.

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Cosan has released first quarter financial results, reporting Raizen Energia, the company's sugar, ethanol and cogeneration segment, achieved a 3 percent increase in net revenue during the 2014-'15 crop year.

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Fluid Quip Process Technologies has announced that United Wisconsin Grain Producers LLC, a 58 MMgy corn-ethanol plant, has purchased and will install the company's trademarked Maximized Stillage Coproducts System.

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EIA: Corn ethanol yields continue to improve

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By U.S. Energy Information Administration

May 13, 2015

In 2014, U.S. fuel ethanol production reached 14.3 billion gallons of ethanol fuel, the highest level ever. The growth in U.S. fuel ethanol production has outpaced growth in corn consumed as feedstock.

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Weathering Tight Margins

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By Donna Funk

May 12, 2015

Donna Funk with K-Coe Isom shares five tips for weathering today's tight margins. The drivers are different, but the things that worked during previous periods of low margins still apply, she says.

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Pacific Ethanol Inc. has released first quarter financial results, reporting a net loss of $4.7 million. According to Neil Koehler, president and CEO of the company, margins have improved so far in the second quarter.

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On May 12, Gevo Inc. released financial results for the first quarter, with an update on recent corporate highlights, including successful isobutanol batches run its Luverne, Minnesota, plant and the recent jet fuel agreement with Alaska Airlines.

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On May 12, representatives of two biofuel trade organizations discussed the choice the White House and U.S. EPA face in proposing upcoming renewable volume requirements (RVOs) under the renewable fuel standard.

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With spring planting progressing rapidly, USDA is projecting total U.S. feed grain supplies for 2015-'16 will slightly exceed the record level of 2014-'15 as larger beginning stocks more than offset lower expected production.

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Sustainability drives growing interest in renewable chemicals from ethanol.

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The U.S. EPA's proposed rule for the 2014, 2015 and 2016 renewable fuel standard (RFS) volume requirements is undergoing review by the White House Office of Management and Budget, marking a final step before the rule is released for public review.

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Sen. Joe Donnelly, D-Ind., has introduced legislation to extend the U.S. EPA's waiver for Reid vapor pressure (RVP) to ethanol blends beyond E10. The bill, S. 1239, is cosponsored by Sens. Chuck Grassley; R-Iowa, and Deb Fischer, R-Neb.

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The current robust pace of corn and ethanol exports and prospects for further improvement in the pace of distillers grains exports are encouraging, University of Illinois economist Darrel Good said in his weekly outlook published in FarmDoc Daily.

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A Marietta Gulf station celebrated with its customers May 8, while offering some of the first E15 sales in Georgia. The Gulf Quick Stop Food Store on S. Cobb, assisted by Protec Fuel, has launched the 88-octane E15 fuel in the Atlanta metro area.

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Another reader question prompted this week's blog. This time it was a gas station owner, whose family has been in the business since 1922, asking about the cost of E85-compatible tanks.

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Ethanol industry contributes $2.34 billion to Minnesota economy

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By Minnesota Bio-Fuels Association

May 08, 2015

Minnesota's ethanol industry accounted for $2.34 billion of the state's gross domestic product (GDP) in 2014, according to a new study by ABF Economics. The study also concludes the industry supported 18,630 full time jobs in the state last year.

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Aemetis Inc. has released first quarter financial results, reporting revenues of $34.7 million for the quarter, compared to $60.7 million during the same period of the prior year. Gross loss for the quarter was $200,000.

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According to an international report on bioenergy and land use, informed management of bioenergy crops can alleviate factors contributing to food insecurity, as well as provide practical avenues to achieve a wide variety of benefits.

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SJC Bioenergia, a joint venture between Cargill and Group USJ, has purchased Fluid Quip Process Technology's systems to integrate corn ethanol production at its sugar-cane ethanol facility located in Quirinopolis, Brazil.

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Gevo Inc. recently announced that it has signed a strategic alliance agreement with Alaska Airlines to purchase Gevo's renewable jet fuel and fly the first-ever commercial flight on alcohol-to-jet fuel (ATJ).

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SIRE releases financial results, expects good financial year

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By Southwest Iowa Renewable Energy LLC

May 07, 2015

On May 6, Southwest Iowa Renewable Energy LLC announced its unaudited financial results for the three and six months ended March 31, 2015. SIRE reported net income for the six months ended March 31 of $6.9 million, or $519.10 per basic unit.

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A group of 12 biofuel trade organizations and companies recently sent a letter to President Obama, requesting a high-level White House meeting to discuss rulemaking related to the renewable fuels standard (RFS).

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Pacific Ethanol is completing upgrades at its 40 MMgy ethanol plant in Madera, California. The company recently announced corn oil production at the plant has commenced. In addition, an-industrial scale membrane system is scheduled to be installed.

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On May 5, Fulcrum Bioenergy Inc., announced it awarded Abengoa with a $200 million engineering, procurement and construction (EPC) contract for the construction of the Sierra Biofuels Plant, the company's first waste-to-transportation fuel facility.

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Kum & Go recently announced it is offering E15 at its store in Windsor Heights, Iowa. To introduce the new, cleaner-burning fuel, Kum & Go in Windsor Heights will offer E15 for $1.99 per gallon during a May 11 promotion.

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