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Pine Lake, Murex extend ethanol marketing agreement

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By Murex LLC

February 04, 2014

Business Operations Markets 

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.

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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.

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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.

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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.

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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.

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Dyadic International expands its Dutch research center

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By Dyadic International Inc.,

January 31, 2014

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.

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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.

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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.

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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.

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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.

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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.

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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.

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RFA announces NEC scholarship recipients

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By Renewable Fuels Association

January 28, 2014

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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The EPA's public comment period on its proposed 2014 renewable volume obligations (RVOs) ends tomorrow. It's not clear how long the EPA will take to digest industry feedback, nor is it clear what the agency will decide. Observers are optimistic.

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Much of the consternation over corn ethanol, including the current debate on the renewable fuel standard, is rooted in America's ability to produce sufficient corn to meet the needs of food and fuel. This, of course, is dependent on weather.

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ICM's Steve Vander Griend has immersed himself in understanding ethanol's performance, both as a fuel and in the tests used by regulatory agencies. As one of the biofuel's top technical agents, he's working hard to true up ethanol emissions testing.

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The grains complex has been tiresome compared to the whirlwind proteins of late. A big carryout looms in corn, and demand from China has been in question.

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RFS is a Gold Medal Win

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By Bob Dinneen

January 25, 2014

Just as in the last 10 minutes of the U.S./Soviet 1980 Olympic hockey game where goalie Jim Craig blocked shot after shot, the ethanol industry will continue to deflect shots from Big Oil, Congress and the EPA in order to protect the RFS.

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The Ninth Circuit Court of Appeals has denied the petitions requesting a rehearing en banc regarding California's Low Carbon Fuels Standard. As such, a prior ruling that the LCFS does not violate interstate commerce laws stands.

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While the baling of crop residues and forage crops is nothing new, the sheer volume that will be required to supply a commercial biorefinery makes developing a reliable, cost effective supply chain a challenge.

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Natural gas prices hit upper boundary last month

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By Ben Straus, U.S. Energy

January 23, 2014

Although continued cold may lead to elevated demand levels, a key reason that prompt and long-term natural gas prices have not run higher is electricity generation. Gas demand for power generation could drop out of the market if prices get too high.

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Ottawa-based Iogen Corp. announced it has developed and patented a new method to make drop-in cellulosic biofuels from biogas using existing refinery assets and production operations.

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E85 Pump Pros

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By Ron Kotrba

January 22, 2014

Propel Fuels and Protec Fuel share similar names and the goal of making America's highest ethanol blend pervasive in high-population, FFV-dense regions of the country. Will a curtailed RFS and flex-fuel vehicle uncertainty impede their progress?

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Win or lose in the RFS discussion, ethanol leaders must put their best foot forward and get ahead of the curve. It's time for producers to up their market development games and make a collective industry push for higher-level blends.

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EPA's Un-depth E15 Un-analysis

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By Ron Lamberty

January 22, 2014

Big Oil has done little to meet its increased biofuels obligations. Now, the EPA is proposing to reward their belligerence by curtailing the renewable fuels standard. It's like the IRS lowering someone's taxes because they refused to pay.

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Praj unveils new identity

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By Praj Industries

January 22, 2014

Praj Industries has adopted a new identity in line with its future growth strategy. Over the past three decades, Praj has transformed itself from being a single business sector company of ethanol solutions to a multiple business organization.

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The U.S. EPA's proposed reductions to the 2014 renewable fuel standard (RFS) volume requirements will not only impact current biofuel producers, the move is also expected to chill investment in second generation cellulosic projects and technologies.

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Pacific Ethanol Inc. has announced it will implement yield-enhancing technology at its Magic Valley, Idaho, plant. The company chose ICM Inc.'s Selective Milling Technology to increase corn oil production and boost yields.

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Novozymes has released its 2013 results, reporting that all financial targets for the year were met or exceeded. Overall organic sales growth was 7 percent. Sales to the bioenergy and household care industries were the biggest drivers of growth.

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Ethanol producers are enjoying generous margins in recent weeks, even as uncertainty over the fate of the renewable fuels standard (RFS) weighs upon the long-term outlook. Late November saw the best ethanol margins since the height of the 2006 boom.

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