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Edeniq announces cellulosic demonstration plant in Brazil

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By Edeniq Inc.

November 15, 2012

Business 

Edeniq Inc. has announced that it has begun engineering and construction of a bagasse-to-sugars demonstration-scale plant together with its partner, Usina Vale, a Brazilian sugar and ethanol producer.

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Cosan Ltd. and Cosan S.A. recently announced financial results for the second quarter of fiscal year 2013, which ended Sept. 30. The company produced approximately 924,000 cubic meters of ethanol during the quarter.

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Verenium Corp.'s quarterly financial results show progress being made on both operational and financial fronts, despite the difficult economics that have impacted the ethanol industry. The company also reports demand in Europe is already increasing.

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The International Energy Agency has released a report that shows the global energy map is changing significantly. By 2020, IEA's, "World Energy Outlook 2012," indicates, that the U.S. will become the largest oil producer in the world.

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A plant in South Bend, Ind., filed for Chapter 11 bankruptcy protection on Nov. 9. New Energy Corp. received a letter from the U.S. DOE, asserting a "termination event" of a DOE loan and requested the company cooperate with Chapter 11 proceedings.

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Edeniq Inc. has announced that Aemetis, Inc., an advanced fuels and renewable chemicals company, has entered into an agreement to install Edeniq technology at the Aemetis Advanced Fuels Keyes plant in California.

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NCGA announces winners of Ethanol Rocks Video Contest

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By National Corn Growers Association

November 09, 2012

The results of the National Corn Growers Association's Ethanol Rocks Video Contest are in. High school senior Jason Girouard from Brimfield, Mass. received first-place honors and an award of $1,500. Two second-place winners were also named.

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Royal Vopak has obtained an International Sustainability and Carbon Certification for multiple sites. The certification is another step to further enhance Vopak's biofuels terminal network and to remain a reliable partner for biofuel customers.

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Praj Industries Ltd. is developing a 10 million liter (2.64 million gallon) cellulosic ethanol demonstration plant in India. Praj's announcement came the same day that the India government announced a new five-year plan for biofuel development.

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The oldest ethanol plant in Indiana has temporarily idled. "Our goal is to restart the plant and recall our employees but at this point it's hard to say when that will occur," said Russ Abarr, president of New Energy Corp., a 102 MMgy plant.

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The Andersons Inc. has released financial results for the third quarter of 2012. For its ethanol group, The Andersons reported an operating loss, but noted in its filing that service income and income from coproducts, partially offset lower margins.

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Eco-Energy Inc. and Copersucar S.A. have announced the internationalization of their ethanol operations with a joint investment in Eco-Energy to build and expand their integrated biofuel platform, becoming the largest ethanol trader in the world.

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Pacific Ethanol Inc. recently announced it would add corn oil extraction technology to one of its ethanol plants and, separately, that it had secured a new $10 million revolving line of credit from its existing lenders.

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Abengoa Bioenergy has selected Telvent GIT S.A. to design, manufacture and program a distributive control system for its 25 MMgy cellulosic ethanol plant under construction in Hugoton, Kan., another sign that the project is steadily moving forward.

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With the announcement of new investment from Bunge Global Innovation LLC, Cobalt Technologies' n-butanol development is ready for deployment in Brazil. Bunge's commitment follows an earlier agreement with company in the Solvay group.

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Stoel Rives LLP has published a new legal guide for the advanced biofuels and biochemical industries. The guide, titled "The Law of Biorefineries and Advanced Biofuels," is designed for entrepreneurs, investors, lenders and developers.

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An international federation of biofuels associations has been fighting biofuel's opponents for the past three years.

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People, Partnerships & Deals

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Changes in IRS Tax Regulations Affect Ethanol Plants

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By Jim Schmidt and Beth Feuchtenberger

November 05, 2012

New property definitions will change tax treatment of certain repairs

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Multiple revenue streams lessen impact of ethanol prices

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RFA to host safety seminar in Fort Worth, Texas

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By Renewable Fuels Association

November 05, 2012

The Renewable Fuels Association will host a free Ethanol Safety Seminar in Fort Worth, Texas on Nov. 29 at the Fire Service Training Center on the northwest campus of Tarrant County College. There will be a day session and an evening session.

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Defending Tomorrow's Ethanol Today - Q&A

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By TIM PORTZ & Photo by LIZA VOLL

November 05, 2012

Advanced Ethanol Council Executive Director Brooke Coleman talks controlling the industry's narrative and the delicate challenge of battling ethanol's only customer for market share.

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Looking to 2013

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By Tom Buis

November 05, 2012

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Perspectives on 2013

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By Holly Jessen & Susanne Retka Schill

November 05, 2012

Ethanol Industry executives approach 2013 with optimism and concern.

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Valero Energy Corp. has released its latest quarterly financial results. While the company's ethanol segment continues to struggle with high margins, Valero's management seems confident that margins will continue to improve.

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Platts, a leading global provider of energy, petrochemical and metals information and a division of The McGraw-Hill Companies Inc., today completed its acquisition of Kingsman SA. The purchase price of the acquisition was not disclosed.

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Gevo Inc. has released its financial results for the quarter ended Sept. 30, posting revenues of $600,000 for the quarter. This is a significant reduction compared to the $17.5 million in revenue reported for the same period of last year.

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