The days of distillers grains being 140 percent the value of corn are behind us, at least near-term. With the Chinese New Year upon us, it is not clear how quickly we will get a resolution on China's intentions. Whatever happens will impact 2014.
The biggest factor in ethanol markets will be projections of corn planting and building strength in the economy. Any economic strength seen through the first quarter is expected to result in increased gasoline demand, sparking higher ethanol usage.
Archer Daniels Midland Co. has committed to a $25 million equity investment in Rennovia Inc., privately held company that develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks.
The U.S. Energy Information Administration has revised its forecast for 2014 ethanol production in its February Short-Term Energy Outlook. The EIA now predicts the U.S. ethanol industry will produce an average of 908,000 barrels per day this year.
An ethanol-fueled vehicle designed by a team of students from Thailand earned the top place at the Shell Eco-marathon Asia 2014. Team "How Much Ethanol" from Panjavidhya Technological College Thailand drove 2,730 kilometers on a 1 liter of ethanol.
According to a new report from Navigant Research, global demand for biofuels for road transportation will grow from 32.4 billion gallons in 2013 to 51.1 billion by 2022. The report analyzes the emerging markets and future opportunities for biofuels.
With no changes to production estimates, the USDA's monthly World Agriculture Supply and Demand Estimates report lowered feed grain ending stocks for the marketing year in progress based on a 150-million-bushel increase projected for corn exports.
The passage of the Farm Bill will positively impact the biomass industry and help to spur on additional development of renewable energy, according to several leading biomass companies and organizations that praised the long-awaited bill.
President Obama signed the 2014 Farm Bill into law during a Feb. 7 ceremony at Michigan State University. During his speech, Obama also announced the launch of a new "Made in Rural America" export and investment initiative.
Green Plains Renewable Energy Inc. reported its best quarter ever in its fourth quarter earnings report, producing a record 209.6 million gallons of ethanol and hitting 100 percent of its daily average capacity.
The Greenbrier Companies announced that it will design a new generation tank car of the future for rail transport of crude oil and ethanol that can better withstand the additional demands associated with operating unit trains.
Leaf Energy Ltd. recently announced it has received a preliminary report from Andritz AG outlining the results of a pilot-scale trial of Leaf Energy's Glycell Process, a glycerol pretreatment process, at the Andritz pilot plant in Springfield, Ohio.
The Roundtable on Sustainable Biomaterials has announced that Greenwood Tree Farm Fund LP has become the first short rotation forest plantation worldwide to earn certification under the RSB.
According to new government data, U.S. ethanol exports totaled 621.5 million gallons in 2013, the third-highest annual total on record, while exports of distillers grains set a new record of 9.7 million metric tons.
Southwest Iowa Renewable Energy has released financial results for the first quarter of its fiscal year 2014, reporting some of the best margins in the company's history. The plant produced 33.2 million gallons of ethanol during the quarter.
The European Renewable Ethanol Association (ePURE) has warned the European Commission of surging ethanol imports from Peru since the entering into force of the free trade agreement in August 2013, noting that Peru imports ethanol from the U.S.
ICM Inc. announced that Pacific Ethanol Inc. has purchased its patent-pending Selective Milling Technology for use at the Pacific Ethanol Magic Valley plant in Burley, Idaho. There are now 15 North American plants that plan to utilize the process.
Pine Lake Corn Processors LLC has extended its ethanol marketing agreement with Murex LLC. Under the agreement, Murex will purchase 100 percent of Pine Lake's production and market and move it to market.
Archer Daniels Midland Co. has reported fourth quarter 2013 adjusted earnings per share of 95 cents, up from 60 cents in the same period of 2012. The company indicated improved ethanol margins supported improved profits for its corn business.
ICM Inc. has announced that Louis Dreyfus Commodities LLC has purchased its patent-pending Selective Milling Technology for both of its North American ethanol plants. The facilities are located in Grand Junction, Iowa, and Norfolk, Neb.
The U.S. Energy Information Administration recently published the January issue of its Monthly Energy Review, which features fuel ethanol production, trade and consumption statistics through October 2103.
The Iowa Renewable Fuels Association has released the results of an economic impact study conducted by John Urbanchuk of AVF Economics that highlights the impact of the renewable fuels industry on Iowa's economy.
Dyadic International Inc. has announced that the expansion of its research laboratory in The Netherlands is complete. Increased space allows for the installation of a range of state-of-the-art research equipment, including a new fermentation lab.
The U.S. EPA has published renewable identification number (RIN) generation data for December and all of 2013, reporting that the biofuel industry generated nearly 16.62 billion RINs last year, including nearly 1 million cellulosic RINs.
Valero Energy Corp. has announced its financial results for the fourth quarter of 2013, reporting net income attributable to stockholders of $1.3 billion. The company's ethanol segment earned a record $269 in operating income during the quarter.
The European Renewable Ethanol Association (ePURE) has filed a complaint with the European Commission's office of complaints with a view to stopping the circumvention of EU anti-dumping duties on fuel ethanol.
he U.S. Farm Bill is a five-year piece of legislation that typically takes six years to develop and reach consensus among U.S. senators, representatives, and the president. Orchestrating this feat is nothing short of a miracle.
A fuel of the future is being introduced to the streets in a fleet test launched by the joined forces of Clariant, Haltermann, and Mercedes-Benz. The Clariant sunliquid process converts wheat straw into cellulosic ethanol.
Cost advantage may be ethanol's real strong suit. We report this month that the implementation of E15, and the proliferation of E85 pumps and flex-fuel vehicles, hinges on ethanol's competitive price relative to gas.
The Renewable Fuels Association and the Renewable Fuels Foundation are proud to announce the National Ethanol Conference scholarship winners Gavin Kenney, Tyler Machado, and Aaron Walsh. The 2014 NEC will be held in Orlando, Fla., in February.
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