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Ethanol Producer Magazine
Updated: 1 week 3 days ago

Novozymes reports solid sales growth for bioenergy segment

Wed, 02/07/2018 - 16:17
Novozymes has released 2017 financial results, reporting solid sales growth. Overall, the company achieved 4 percent organic sales growth. In the bioenergy segment, sales grew by 11 percent for the full year and 14 percent during the fourth quarter.

ADM releases 2017 results, expects increased ethanol exports

Wed, 02/07/2018 - 16:08
Archer Daniels Midland Co. has released fourth quarter financial results, reporting reduced operating profit for the quarter and full year. Profits in the bioproducts segment, which includes ethanol, were down for the fourth quarter, but up for 2017.

Enerkem raises its largest financing round, adds new investors

Wed, 02/07/2018 - 16:04
Enerkem Inc. has completed a C$280 million ($222.82 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing.

RFA to host 8 ethanol safety seminars in Kentucky in February

Wed, 02/07/2018 - 16:02
The Renewable Fuels Association and Transcaer are hosting eight ethanol safety seminars in Kentucky this month. The seminars are funded through a Federal Railroad Administration/Transcaer grant, in partnership with the Paducah & Louisville Railway.

Grassley: RFS has minimal impact on success of refineries

Tue, 02/06/2018 - 16:52
Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that finds that RFS blending requirements and the cost of RINs have little to do with the success of refineries and were not factors in the PES bankruptcy.

US exported a record 1.37 billion gallons of ethanol in 2017

Tue, 02/06/2018 - 16:48
Government data released Feb. 6 confirms that U.S. ethanol exports set a new record in 2017, with an astonishing 1.37 billion gallons shipped to more than 60 countries around the world. The 2017 export total was up 17 percent from 2016.

ICM: Corn ethanol opportunities in South America continue to grow

Tue, 02/06/2018 - 16:46
South America is home to some of the world's largest producers of ethanol and has a long tradition of biofuels consumption. As the region's renewable energy policies evolve, ICM Inc. intends to provide solutions and services for the growing demand.

RFA: Harvard professor says RVP parity will lower RIN prices

Tue, 02/06/2018 - 16:42
A recent paper from Harvard University Professor James H. Stock argues that the most direct way of lowering RIN prices is for the U.S. EPA or Congress to provide parity in the regulation of gasoline volatility (RVP) for E10 and E15.

USDA: Corn use for ethanol up in December

Mon, 02/05/2018 - 16:54
Corn use for fuel alcohol production reached 487 million bushels in December, up 2 percent from November and up 3 percent when compared to December 2016, according to the USDA's February Grain Crushings and Co-Products Production report.

Ocean Park: Biofuels mergers and acquisitions hit a lull in 2017

Mon, 02/05/2018 - 16:48
The North American biofuels industry experienced the fewest merger and acquisition (M&A) transactions in recent history in 2017. For the year, just six M&A transactions occurred, with a total estimated value of more than $100 million.

RFA: 31 states broke through so-called ‘blend wall’ in 2016

Mon, 02/05/2018 - 16:44
Data released by the U.S. Department of Energy shows that gasoline consumed in 31 states contained more than 10.0 percent ethanol on average in 2016, proving once again that the so-called “E10 blend wall” continues to crumble.

Novozymes launches yeast platform for corn ethanol production

Mon, 02/05/2018 - 07:53
Today, well-known enzyme developer Novozymes launches Drive, the first product from its Innova yeast platform for corn ethanol production.

UNICA reports increased hydrous ethanol sales

Fri, 02/02/2018 - 13:56
UNICA, the Brazilian sugarcane industry association, has announced increased sales of hydrous ethanol during the first half of January. Total ethanol production for the current season is up slightly when compared to the previous season.

Valero: Ethanol net income down, ethanol production volumes up

Thu, 02/01/2018 - 16:41
Valero Energy Corp. has released fourth quarter financial results, reporting the company’s ethanol segment earned $37 million of operating income during the final three months of last year, down from $126 million during the same period of 2016.

BP Verenium Biofuels plant up for sale

Thu, 02/01/2018 - 16:39
The BP Verenium Biofuels plant in Jennings, Louisiana, is being offered for sale. The 1.4 MMgy demonstration-scale facility celebrated its grand opening in 2008, and was acquired by BP Biofuels North America in mid-2010.

ACE: New video answers why retailers add E15

Thu, 02/01/2018 - 16:38
The American Coalition for Ethanol announced the release of the fourth video in its series of fuel marketer-focused videos on the flexfuelforward.com website Jan. 31. The series addresses common marketer questions about E15 and flex fuels.

IBBR to investigate how to protect poplar from disease

Thu, 02/01/2018 - 16:32
The Institute for Bioscience and Biotechnology Research has been awarded a $1.1 million U.S. Department of Energy grant to elucidate the mechanism of rust pathogenesis in poplar in an effort to engineer durable resistance the biofuel crop.

Pruitt discusses E15 RVP waiver, RFS fuel pathway during hearing

Wed, 01/31/2018 - 16:51
The RFS, a Reid vapor pressure (RVP) waiver for E15, and the pending advanced biofuel pathway for distillers sorghum oil were among the topics discussed during a Jan. 30 Senate hearing featuring testimony from U.S. EPA Administrator Scott Pruitt.

RFA responds to Trump’s State of the Union address

Wed, 01/31/2018 - 16:42
The Renewable Fuel Association has responded to President Donald Trump’s Jan. 30 State of the Union address. Bob Dinneen, president and CEO of the RFA, discussed how ethanol can benefit infrastructure, free trade and the economy.

New leadership appointed to Governors’ Biofuel Coalition

Wed, 01/31/2018 - 16:38
Iowa Gov. Kim Reynolds and Minnesota Gov. Mark Dayton, have been appointed as chair and vice chair, respectively, of the Governors' Biofuels Coalition, a multi-state alliance aimed at providing regional leadership on biofuels policy.