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Ethanol Producer Magazine
Updated: 1 year 38 weeks ago

Business Briefs

Wed, 04/18/2018 - 07:38
FROM THE MAY ISSUE: Awards, permitting milestones, new trade group memberships and more.

Studies: Ethanol reduces toxic emissions, improves air quality

Tue, 04/17/2018 - 16:08
Two recent studies commissioned by the Urban Air Initiative have found that ethanol blends reduce toxic tailpipe emissions by up to 50 percent, significantly improving air quality and protecting the health of the public.

McConnell introduces the Hemp Farming Act of 2018

Tue, 04/17/2018 - 16:03
On April 12, Senate Majority Leader Mitch McConnell, R-Ky., introduced the Hemp Farming Act of 2018, legislation that aims to legalize and clearly define hemp as an agricultural commodity and remove it from the list of controlled substances.

Senators ask EPA to cease issuing RFS ‘hardship’ waivers

Tue, 04/17/2018 - 16:01
Sens. Chuck Grassley, R-Iowa, and Amy Klobuchar, D-Minn., led a bipartisan group of 13 senators in writing to EPA Administrator Scott Pruitt requesting the agency cease issuing so-called “hardship” waivers exempting obligated parties from the RFS.

Japan to allow imports of ETBE made from US corn ethanol

Tue, 04/17/2018 - 16:00
The U.S. Grains Council, the Renewable Fuels Association, Growth Energy and their member organizations welcome the news April 17 that the Japanese government’s new biofuel policy will allow imports of ETBE made from U.S. corn-based ethanol.

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.