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Hugoton project moves forward with Televent contract

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By Holly Jessen

November 06, 2012

Business 

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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INEOS Bio has announced that its joint-venture project, INEOS New Planet BioEnergy, has reached another milestone and is now producing renewable power using INEOS Bio's feedstock flexible BioEnergy technology.

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BP's announcement that it was cancelling its cellulosic ethanol project in Highlands County, Fla., generated a number of statements from members of the Fuels America coalition underscoring the industry's continuing commitment to advanced biofuels.

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Valero Renewables has once again idled two of its 10 ethanol plants due to tight margins. The two 120 MMgy plants at Albion, Neb., and Linden, Ind., were idled earlier in the summer, restarted in September and have recently been idled again.

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While it's true Green Plains Renewable Energy Inc. reported a $1 million net loss in the third quarter, the company's Oct. 31 conference call highlighted several positives and predicted a profitable fourth quarter.

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Archer Daniels Midland Co. has released financial results for the quarter ended Sept. 30. Profits associated with corn processing activities decreased during the quarter, due primarily to continued negative ethanol margins.

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Green Plains Renewable Energy Inc. is selling 12 of its 15 grain elevators, or about 83 percent of its grain storage capacity and all of its agronomy and retail petroleum operations. Diversification, however, will remain as a strategy for success.

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Green Plains reports third quarter 2012 financial results

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By Green Plains Renewable Energy Inc.

October 30, 2012

Green Plains Renewable Energy Inc. has announced financial results for the three months ended Sept. 30, 2012. Net loss attributable to Green Plains for the quarter was $1 million, compared to net income of $12.4 million for the same period of 2011.

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Novozymes launched a new enzyme for corn-ethanol production on Oct. 30. Avantec, a trademarked product, allows ethanol producers to increase ethanol yield by about 2.5 percent, said Peder Holk Nielsen, executive vice president of Novozymes.

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Construction is complete at ZeaChem Inc.'s advanced biofuel production facility in Boardman, Ore., and by the end of the year, the company expects to begin producing. The 250,000 gallons per year facility was finished on budget.

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Novozymes, a producer of industrial enzymes, and Beta Renewables, a cellulosic biofuels company that is part of Gruppo Mossi & Ghisolfi, have announced an agreement to jointly market, demonstrate and guarantee cellulosic biofuel solutions.

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Bunge-Ergon Vicksburg LLC, a 54 MMgy corn-ethanol plant in Vicksburg, Miss., will join the list of temporarily idled ethanol plants at the end of November. The decision to idle the plant is attributed high corn prices that resulted from the drought.

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Woodland Biofuels Inc. has begun commissioning its new demonstration cellulosic ethanol facility in Sarnia, Ontario.

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BP announced Oct. 25 it is cancelling plans to build a commercial-scale cellulosic ethanol plant in Highlands County, Florida, and refocusing its U.S. biofuels strategy on research and development.

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