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EIA data illustrates 2014 ethanol production, consumption levels

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By Erin Krueger

April 03, 2015

Feedstocks Policy Business Operations Markets 

The U.S. Energy Information Administration recently released the March 2015 edition of its Monthly Energy Review, which provides comprehensive ethanol production, consumption and trade statistics for 2014.

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Ceres Inc. recently announced that its biotech sugarcane traits have been advanced to the next stage of testing ahead of schedule due to positive data from initial field evaluations under tropical conditions in Latin America.

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According to EIA monthly supply data through December 2014, which EIA released in late February, U.S. exports of fuel ethanol in 2014 reached their second-highest level at a total of 826 million gallons.

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Rex American Resources Corp. has released financial results for fiscal year 2014, which ended Jan. 31, reporting net sales of $572.2 million, down from $666 million in fiscal 2013. Gross profits, however, more than doubled, reaching $141.9 million.

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Gevo Inc. has released 2014 financial results, reporting increased revenues when compared to 2013. During the fourth quarter, the company continued to progress with commercial production of isobutanol at its Luverne, Minnesota, plant.

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Croda Inc. is planning to break ground on a $170 million upgrade to its Atlas Point manufacturing site in Delaware. When completed, the company will begin converting between 10 million and 14 million gallons of ethanol into ethylene oxide.

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Currently, the corn market has been responding to an ever-volatile global currency environment. The U.S. dollar has been a culprit affecting commodity values within the U.S.

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Ethanol prices have gained momentum at the end of March, following renewed spring support in corn futures prices. The reduction of supplies over the last four weeks has created additional support through the ethanol complex.

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Commodities: Analysts to watch summer inventory supply closely

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By Ben Straus, U.S. Energy Services

March 24, 2015

Winter is almost over. And for the natural gas market, the end of winter is significant event mainly in terms of declining demand.

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DDGS prices are still being dramatically affected by Chinese demand, in both bulk and container shipments. More than 2.5 million metric tons have been booked via the Gulf in bulk vessels destined for China so far for the summer.

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Gevo, Inc. announced March 24 that Praj Industries Ltd. has signed a memorandum of understanding to become a Gevo licensee for producing renewable isobutanol at sugar-based ethanol plants.

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The RFA needs your help to promote and update two newly acquired E85 websites.

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The American Fuel & Petrochemical Manufacturers and American Petroleum Institute have filed a lawsuit in the U.S. District Court of the District of Columbia against the U.S. EPA regarding delays in finalizing 2014 and 2015 renewable fuel standards.

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The April issue of EPM contains articles about lignin, algae-to-ethanol production, the process to develop new yeasts for cellulosic ethanol production and biogas entering the D3 RIN market, writes Tom Bryan of BBI International.

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San Francisco welcomes E85

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By Renewable Fuels Association

March 19, 2015

March 19 marks the first offering of E85 to flex-fuel vehicle owners in San Francisco. Pearson Fuels and All Stars Fuel celebrated the high-octane E85 at a ribbon cutting by offering E85 at 85 cents per gallon.

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Bobby Likis featured Judd Hulting, commodities manager at Patriot Renewable Fuels LLC, in Annawan, Illinois, during his two-hour Saturday morning radio show, Bobby Likis Car Clinic, on March 14.

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Iowa sets new E85 sales record in 2014

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By Iowa Renewable Fuels Association

March 17, 2015

The Iowa Renewable Fuels Association has announced Iowa motorists purchased more than 2.93 million gallons of E85 in the fourth quarter of 2014, and a record-setting 11.96 million gallons in all of 2014.

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Ceres Inc. and Raizen S.A., have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet sorghum can extend the operating season of Brazilian sugarcane ethanol mills.

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Retailers selling E15 say business is up, consumers are satisfied and everyone is excited to help local economies, improve the environment and reduce our nation's addiction to foreign oil, writes Tom Buis of Growth Energy.

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Introducing renewable natural gas, the new player in the cellulosic RINs market.

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Although most U.S. trade with Cuba has been severely restricted since the 1960s, Cuba does buy limited amounts of agricultural products from the United States, including corn and distillers dried grains with solubles (DDGS).

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Oregon Gov. Kate Brown has signed S.B. 324 into law. The bill removes the Dec. 31, 2015 sunset date from the state's Clean Fuels Program. By signing S.B. 324, Brown has allowed the program to be implemented past the end of this year.

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UNICA's Leticia Phillips outlines proposed major revisions to California's Low Carbon Fuel Standard and the Brazilian Sugarcane Industry Association's take on them.

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The U.S. Energy Information Administration has published the March issue of its Short-Term Energy Outlook, increasing its forecasts for both 2015 and 2016 ethanol production. The U.S. is now expected to produce 947,000 barrels per day this year.

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The 2015 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, has released its highly anticipated agenda featuring more than 140 speakers and four comprehensive tracks. The event takes place June 1-4 in Minneapolis.

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In January, Canada experienced a market hindrance related to the pelletization of feeds containing distillers dried grains with solubles (DDGS), which affected the sale of the product into Ontario. The U.S. Grains Council responded immediately.

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Brazil has announced plans to increase the ethanol blend in gasoline from 25 percent to 27 percent, effective March 16. UNICA, the Brazilian sugarcane industry association, called the government's announcement a positive decision.

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Georgia Gov. Nathan Deal has recognized Hydro Dynamics Inc., headquartered in Rome, Gerogia, with a GLOBE Award for entering one or more new international markets in 2014. Hydro Dynamics entered markets in Argentina and China last year.

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Legislation that aims to repeal the Dec. 31, 2015 sunset date of Oregon's Clean Fuels Program has been sent to the governor for consideration. The bill, S.B. 324, was passed by the Oregon House of Representatives on March 4 by a single vote.

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Pacific Ethanol Inc. has released 2014 financial results, reporting record net sales, gross profit, operating income, adjusted EBITDA and gallons sold. Neil Koehler, CEO of Pacific Ethanol, called 2014 a pivotal year for the company.

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