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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

Policy Business Markets 

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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For some, it's all too easy to lose sight of the significant contributions made by ethanol's corn coproducts used as feed ingredients, RFA's Geoff Cooper told attendees of the 2012 Export Exchange, held in Minneapolis Oct. 22 to 24.

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First retailer in Nebraska to offer E15

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By Nebraska Corn Board

October 24, 2012

Uncle Neal's Phillips 66 in Lexington, Neb., is the first retailer in the state to offer E15. A grand opening promotion will be announced soon.

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Georgia ethanol plant temporarily idled

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By Southwest Georgia Ethanol

October 24, 2012

Southwest Georgia Ethanol has temporarily idled production at its 100 MMgy ethanol facility located in Mitchell County, Georgia. This decision was precipitated by market conditions which resulted from the drought in the Midwest.

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Poet-DSM Advanced Biofuels has contracted for a key technology/process component in breaking down cellulose to produced advanced biofuel. The contract is with International Technology Group Andritz, through its U.S. subsidiary Andritz Inc.

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As world and energy industry leaders gather at the World Energy Forum to chart a roadmap for a sustainable energy mix, the Global Renewable Fuels Alliance renewed its call for the adoption of policies that ensure biofuels are part of the future.

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A total of $16 million in investment for 244 projects received funding from the USDA's Rural Energy for America Program, including several blender pumps and a few biomass-related projects.

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The UDSA Foreign Agricultural Service recently published a Global Agricultural Information Network report outlining Spain's ethanol industry.The report notes that the country is one of the top four ethanol producers in the EU.

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Syngenta Corp. in North America announced it has signed a commercial agreement with Plymouth Energy of Merrill, Iowa to use grain featuring Enogen trait technology. Plymouth will begin using Enogen grain for the first time in the fall of 2013.

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Iogen Energy Corp. announced an initial investment by Raizen Group to develop a commercial cellulosic ethanol project in Brazil. Raizen, a joint venture between Royal Dutch Shell and Cosan SA is the world's largest producer of sugarcane ethanol.

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