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Murphy USA: Hereford ethanol plant achieves record annual income

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By Erin Krueger

February 05, 2015

Business Operations Markets 

Murphy USA Inc. has released 2014 financial results, reporting the compan''s ethanol plant in Hereford, Texas, achieved record annual income of $20.1 million last year, up from $2.9 million in 2013.

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ICM Inc. is pleased to announce that Redfield Energy LLC has purchased ICM's patent-pending Selective Milling Technology and patent-pending Fiber Separation Technology for their Redfield, South Dakota, ethanol plant.

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Archer Daniels Midland Co. reported adjusted earnings per share for the calendar year 2014 of $3.20, up 37 percent compared to the prior year. That was in spite of total revenues being down from the previous year at $81.2 billion.

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Ohio Corn Marketing Program to expand ethanol infrastructure

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By Ohio Corn Marketing Program

February 03, 2015

The Ohio Corn Marketing Program, in partnership with the American Lung Association of the Upper Midwest and the American Lung Association of the Midland States has announced a new grant funding opportunity to expand ethanol infrastructure.

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Indiana University biologists believe they have found a faster, cheaper and cleaner way to increase bioethanol production by using nitrogen gas, the most abundant gas in Earth's atmosphere, in place of more costly industrial fertilizers.

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Efforts are underway in Oregon to repeal the Dec. 31 sunset date under the state's Clean Fuels Program. Several bills pending in the Oregon legislature aim to remove the sunset date, allowing the program to be implemented past the end of this year.

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GelTech Solutions Inc., the creator of the patent-pending fire suppressant compound called FireIce, recently began working in the agriculture industry and is now initiating outreach to some biomass producers.

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Have you seen the Fox News report about how E15 can damage your car engine? Which one? Oh, the one that aired in 2012. And, like a lot of misleading and inflammatory information, it's still getting recycled, over and over.

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A group of federal agencies are developing an interactive app that will serve as a mobile business directory for U.S. clean energy exports. U.S.-based suppliers of certain energy solutions are invited to apply to participate in the pilot phase.

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The U.S. Department of Energy's Advanced Research Projects Agency - Energy is accepting public comments on an environmental impact statement related to proposed confined field trials of engineered high-energy crops for use in bioenergy applications.

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On Jan. 30, Flint Hills Resources LLC announced that it has finalized the acquisition of an ethanol plant near Camilla, Georgia, from Southwest Georgia Ethanol LLC. The Camilla plant opened in 2008 and has an annual capacity of 120 million gallons.

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Poet LLC is fighting pollution and deforestation in Haiti through a new partnership with Project Gaia to replace wood-burning stoves with clean, ethanol-fueled cook stoves. Poet Biorefining - Jewell will produce the ethanol needed for the project.

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RFA testifies at ozone hearing on E10 volatility waiver

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By Renewable Fuels Association

January 29, 2015

On Jan. 29, Bob Dinneen, president and CEO of the Renewable Fuels Association, testified before the U.S. EPA at a Washington, D.C.-based hearing focused on a proposal to lower the National Ambient Air Quality Standard ozone levels.

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DuPont has released financial results for the fourth quarter of 2014, reporting earnings of 71 cents per share, up from 59 cents per share during the same period of 2013. For the full year, DuPont reported operating earnings of $4.01 per share.

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In late 2014, the U.S. EPA invited the public to nominate scientific experts to be considered for appointment to its Science Advisory Board's Agricultural Science Committee. The deadline for submitting those nominations has been extended to March 30.

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Valero Energy Corp. showed strong earnings in its fourth quarter and year-end financial report. The oil refiner and ethanol producer showed adjusted net income of $952 million, or $1.83 per share in Q4.

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IRFA: Renewable fuels community 'Ready to Roll' in 2015

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By Iowa Renewable Fuels Association

January 28, 2015

Iowa Renewable Fuels Association Executive Director Monte Shaw said that Iowa's renewable fuels industry is "ready to roll" in 2015 at the 9th Annual Iowa Renewable Fuels Summit. The IRFA also released an economic study during the event.

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Using one of the largest supercomputers in the world, a team of researchers led by the University of Minnesota has identified potential materials that could improve the production of ethanol and petroleum products.

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Since launching the renewable fuels report in the Agriculture Marketing Resource Center in 2008, retired Iowa State University ag economist Don Hofstrand has followed the swings in ethanol profitability through a model Iowa-based ethanol plant.

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Genera Energy Inc. recently celebrated 1,533 days, or four years, without an accident. Recent U.S. Bureau of Labor Statistics data show that Genera's core operations intersect three of the 10 most deadly occupations in the U.S.

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Gevo Inc. has announced that the U.S. Supreme Court ruled in its favor in the case of Gevo Inc. v. Butamax Advanced Biofuels. The court's decision reinstates Gevo's District Court victory and remands the case back to a Federal Court of Appeals.

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Protec Fuel has announced two convenience stores in the Atlanta metro area are now offering E15, including a Mountain Express-Quick Stop Food Store in Marietta, Georgia, and the Mountain Express-Food Mart in Greensboro, Georgia.

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Deinove announced it has reached the first milestone of its Deinochem green chemistry program funded by the French Environment and Energy Management Agency and will receive a EUR 1 million ($1.12 million) repayable advanced in early February.

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Some ethanol producers are selling E85 directly to drivers like you and me. It seems they take the phrase, cutting out the middleman, very seriously!

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A report recently filed with the USDA Foreign Agricultural Service's Global Information Network estimates China's fuel ethanol production reached 2.8 billion liters (739.68 million gallons) last year, up 6 percent from 2013.

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The U.S. Department of Energy's Advanced Research Projects Agency - Energy has announced plans to award up to $125 million in support of transformational energy projects. The solicitation is the third open funding opportunity announced by ARPA-E.

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A new version of an online tool created by the U.S. Department of Energy's Argonne National Laboratory will help biofuels developers gain a detailed understanding of water consumption of various types of feedstocks.

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Iowa Gov. Terry Branstad has announced a new campaign to promote the renewable fuel standard (RFS) during the 2016 Iowa presidential caucuses. The multimillion dollar effort will aim to educate both candidates and caucus-goers on the RFS.

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North Miami's Caraf Oil is now offering E15 in Florida. The station held a kickoff event with substantial discounts on 88-octane E15 and E85 ethanol fuels on Jan. 21. Protec Fuel managed the ethanol blends installation.

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Gevo Inc. has announced several cost-saving initiatives aimed at improving its overall cash flow. The actions are expected to decrease the company's average monthly corporate-wide EBITDA burn rate by 40 percent this year.

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