The Senate Finance Committee approved tax credit extension package on April 3 that includes several biofuel and bioenergy provisions. The committee voted down an amendment that aimed to strip biofuel and renewable energy credits from the bill.
Purdue University researchers are launching a company, Spero Energy Inc., focusing on an innovative process that could revolutionize how lignocellulosic biomass is used to make biofuels and other bio-based products and chemicals.
Ethanol spot prices have increased steadily since early February. By late March, New York Harbor spot ethanol prices exceeded prices for RBOB (the petroleum component of gasoline) by more than $1 per gallon.
A Texas county commission recently voted to waive all but 5 percent of a Plainview, Texas, ethanol plant's taxes, as part of a 10-year tax abatement pact signed with the county in 2009.
The Senate Finance Committee is scheduled to markup a tax extenders bill on April 3. The legislation, titled the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, includes extensions of several biofuel tax credits.
A minor fire that broke out in a section of ductwork at Monroe, Wis.-based Bader State Ethanol LLC is not expected to impact plant operations. The incident occurred in the early morning hours of April 1. No injuries were reported.
The National Corn Growers Association will join NASCAR in kicking off its second year of the NASCAR Race to Green Campaign. The campaign is intended to highlight the environmental accomplishments of green programs put in place by NASCAR.
The Iowa Senate has passed a bill that aims to extend the deadline for renewable energy projects to qualify for the state's renewable energy tax credits. It also has provisions that apply to cogeneration projects associated with ethanol plants.
The U.S. Energy Information Administration has published the March edition of its Monthly Energy Review, which features final 2013 data for ethanol production, imports and consumption. The report shows ethanol consumption continue to grow last year.
The Global Renewable Fuels Alliance, in cooperation with F.O. Licht, has released its Global Annual Ethanol Production Forecast, which predicts global fuel ethanol production to surpass 90 billion liters (23.78 billion gallons) in 2014.
Axens, Total and IFP Energies nouvelles have launched Atol, an innovative technology for bioethylene production through dehydration of bioethanol. The resulting bioethylene can be integrated in existing downstream polymerization installations.
Opening up your ethanol plant for public tours is a wonderful educational opportunity that could do wonders for your business and the industry as a whole.
Produced by BBI International, the agenda for the 30th annual International Fuel Ethanol Workshop & Expo includes more than 140 speakers and four highly informative track sessions.
Waste-to-energy firm Fiberight LLC is beginning construction of its waste processing facility in Marion, Iowa. "We are now building," said Craig Stuart-Paul, chief executive of the company, noting that workers are scheduled to be onsite April 7.
Glacial Lakes Energy LLC announced it will be upgrading and expanding corn handling areas at both its Watertown, S.D., and Mina, S.D., facilities to improve the company's corn procurement strategy and customer service.
Veteran biofuel experts Joshua Morby and Joanna Schroeder have launched Biofuel PR in response to the ethanol industry's call for assistance in helping tell Americans the story about biofuels.
The American Coalition for Ethanol and more than 80 of its members were in Washington, D.C., to meet with top administration officials and members of Congress as part of the advocacy group's "Biofuels Beltway March" annual fly-in March 25-26.
Rex American Resources Corp. has released its fiscal year 2013 financial results, reporting record net income of $35.1 million, compared to a $2.3 million loss in 2012. Moving into 2014, the company expects to set a new quarterly record.
Dyadic International Inc. was issued a new patent for enzyme composition and development to convert plant biomass into fermentable sugars. The patent broadens Dyadic's advanced biofuel and biobased material portfolio.
LanzaTech has attracted new strategic investors. Led by Mitsui & Co. with a $20M investment, the $60M round includes new investors Siemens via its Venture Capital unit (SFS VC), CICC Growth Capital Fund I L.P., along with existing investors.
Gevo Inc. has released 2013 financial results, reporting total revenues of $17.91 million for the year. The company also announced it will produce both ethanol and isobutanol concurrently at its plant in Luverne, Minn.
The U.S. EPA has released renewable identification number (RIN) generation data for February, reporting that more than 1.21 billion RINs were generated during the month across all five fuel categories, including 7,072 D3 cellulosic biofuel RINs.
Leaders of seven bioenergy trade associations participated in the International Biomass Conference & Expo's State of the Industry general session on March 25 in Orlando, Fla.
The $163.9 million Illinois Basin-Decatur Project celebrated as new milestone as its carbon sequestration project stored 750,000 metric tons carbon dioxide from Archer Daniels Midland Co.'s ethanol plant in Decatur, Ill.
John Ackerly, president of the Alliance for Green Heat, was presented with the Excellence in Bioenergy award at the 2014 International Biomass Conference and Expo, while Abengoa Bioenergy was recognized with the Groundbreaker of the Year award.
BP has released its 2013 sustainability report, announcing it has fulfilled its 2005 commitment to invest $8 billion in alternative energy by 2015 two years early. The company has not made another public commitment for alternative energy spending.
On March 24, a group of biofuel trade organizations sent a letter to Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, encouraging extension of critical advanced biofuel tax incentives.
Valero Renewable Fuels Company LLC, a wholly owned subsidiary of Valero Energy Corp., announced March 21 that it has purchased a 110 MMGy corn ethanol plant in Mount Vernon, Ind., from Aventine Renewable Energy-Mt. Vernon LLC,
France-based Deinove has released its 2013 financial results, reporting progress with increased research and development efforts. The company highlighted efforts for its biofuel-focused Deinol program and its biochemical-focused Deinochem platform.
Environmental Entrepreneurs (E2) has published a new report on clean energy jobs, reporting that bioenergy and biofuel projects created thousands of jobs last year.
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