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Murphy USA reports positive Q3 results for Texas ethanol plant

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By Erin Krueger

November 11, 2014

Business Operations Markets 

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.

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A group of agriculture organizations recently issued a letter to President Obama asking him to intervene in the U.S. EPA's proposed cuts to the 2014 renewable fuel standard volume obligations. The final 2014 rule is expected to be released soon.

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Missouri Gov. Jay Nixon will serve as the 2015 vice chairman of the Governors' Biofuels Coalition, while Iowa Gov. Terry Branstad will serve as chairman. In 2016, Nixon will transition to the role of chairman.

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Growth Energy participated in a market development mission with the U.S. Grains Council and the Renewable Fuels Association to explore export opportunities for U.S. ethanol in Panama and Peru. Missions are also planned to countries in Southeast Asia.

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The Renewable Fuels Association has submitted comments to the Oregon Department of Environmental Quality detailing a number of requested changes to the proposed rule for Phase 2 of the Oregon Clean Fuels Program.

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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.

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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.

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Aemetis Inc. has announced plans to establish a facility to produce liquefied carbon dioxide adjacent to its 55 MMgy ethanol plant in Keyes, California.

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LBNL startup Afingen uses precision method to enhance plants

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By Lawrence Berkeley National Laboratory

November 06, 2014

By manipulating a plant's metabolic pathways, two scientists at Lawrence Berkeley National Laboratory have figured out a way to genetically rewire plants to allow for an exceptionally high level of control over the spatial pattern of gene expression.

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RFA, RFF announce NEC scholarship opportunity

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By Renewable Fuels Association

November 06, 2014

The Renewable Fuels Association and the Renewable Fuels Foundation are partnering to offer interested students the opportunity to attend the 20th anniversary of the National Ethanol Conference in Grapevine, Texas, on Feb. 18-20.

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The ethanol group at The Andersons Inc. led the company's third quarter earnings report with record Q3 operating income of $21.3 million. Overall, the company's year-to-date earnings set a new record at $2.95 per diluted share.

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University, state, and industry officials came together on Oct. 22 to celebrate the announcement of the Integrated Bioprocessing Research Laboratory, a unique facility coming to the University of Illinois campus.

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DuPont recently released third quarter financial results, reporting a 20 percent increase in operating earnings per share. The company's Industrial Biosciences segment experienced a 4 percent increase in operating earnings for the quarter.

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After three years of working as partners in introducing the biotech yeast trademarked TransFerm to the ethanol market, Lallemand Inc. has purchased the yeast development business from Mascoma Corp.

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A public comment period on the Oregon Clean Fuels Program is set to end Nov. 7. The program, which is similar to California's Low Carbon Fuels Standard, requires a 10 percent reduction of greenhouse gases from transportation fuels by 2025.

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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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A Renewable Fuels Association analysis of model year (MY) 2015 warranty statements and owner's manuals reveals that auto manufacturers explicitly approve the use of E15 in approximately two-thirds of new vehicles.

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Valero Energy Corp.'s ethanol segment reported a record third quarter operating income of $198 million, compared to $113 million recorded in the third quarter of 2013. The good segment results were the result of a 27 cent per gallon margin increase.

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In the months of September and October, three well-known leaders in the global renewable fuels and agricultural scene stepped down, making way for new faces in the top positions.

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The U.S. Energy Information Administration has published updated ethanol plant production capacity data. As of Jan. 1, 2014, the EIA reports the U.S. was home to 187 operating fuel ethanol plants with a combined 13.68 billion gallons of capacity.

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Solenis has received a U.S. patent for the use of chemical additives to improve the separation of corn oil in the ethanol production process. The company first filed a provisional U.S. patent in March 2011 and was issued the final patent Sept. 23.

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The growing movement to call out the U.S. EPA for its ethanol emissions testing procedures picked up support today as a new study from the Society of Automotive Engineers called the agency's approach flawed.

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Growth Energy sponsors FFA programs

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By Growth Energy

October 31, 2014

Growth Energy is pleased to announce a multi-year commitment and new partnership with the National FFA Organization to build on critical projects that prepare today's students to become tomorrow's leaders in American agriculture.

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On Oct. 29, Class I railroads filed their second weekly status reports with the Surface Transportation Board. According to the STB, the reports will promote industry-wide transparency, accountability and improvements in rail service.

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The Canadian Renewable Fuels Association has announced that W. Scott Thurlow has stepped down from his position as president and Andrea Kent, previously vice president of communications, has been appointed to the position.

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Pacific Ethanol Inc. has released third quarter financial results. During an investor call, Neil Koehler, president and CEO of Pacific Ethanol, noted 2014 is on pace to be a record year for the company.

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UNICA, the Brazilian sugarcane industry association, has released a new biweekly report. Since April, the report indicates ethanol sales have totaled 13.11 billion liters, with most of that production, 12.34 billion liters, sold domestically.

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Growth Energy and New Holland Agriculture officially announced Robert Baker of Sue City, Missouri, as the 2014 Growth Energy Individual Membership Sweepstakes winner.

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Novozymes recently released third quarter financial results, reporting a 9 percent organic sales growth for the quarter. During the first nine months of the year, sales grew organically by 8 percent.

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Green Plains Inc. has released financial results for the third quarter of 2014, reporting net income of $41.7 million, or $1.03 per diluted share, up from $9.4 million, or 28 cents per diluted share, during the same period of last year.

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