Argus Biofuels & Feedstocks 2016
October 18-20, 2016 - London UK

Glacial Lakes repays shareholders $11 million

The Glacial Lakes Corn Processors Board of Directors declared and authorized repayment of the $0.06 per share non-qualified unit retain assessed to its shareholders two years ago. The action will result in over $11.1 million returned to its investors, the majority of which are South Dakota residents.READ MORE

S.D. tests E30 in state FFVs

South Dakota has begun testing E30 in some of the state fleet's flex-fuel vehicles (FFVs) as part of a yearlong study to determine the most cost-effective fuel blend for those vehicles.READ MORE

Idled ethanol plant for sale in Pratt, Kan.

Between now and Sept. 24, interested buyers can bid on a 55 MMgy ethanol plant in Kansas. But if a good offer comes in before Sept. 24, the new owners reserve the right to take it. "The bids are being considered as received," said Kirk Martin, managing partner of Ascendant Partners, a business and financial advisory firm that is working with the owners to find buyers for the plant.READ MORE

Minnesota plant getting ready to restart

Twenty employees have now been hired to work at the Denco II LLC plant in Morris, Minn.—many of whom are returning workers from before the plant shut down. The company plans to hire another 10 workers and restart ethanol production by Oct. 1, Mick Miller, general manager told EPM. "We are actively looking for the remaining team members and we hope to be fully staffed in the next couple weeks," he said.READ MORE

Idaho ethanol plant heading for auction block

If a buyer for Renova Energy Idaho LLC isn't found before an auction set for Nov. 2, the 20 MMgy ethanol plant will be sold off in bits and pieces. Up for sale in Heyburn, Idaho, is the partially constructed ethanol plant, its equipment, a nearly complete anaerobic digestion system and land.READ MORE

Mascoma acquires pre-treatment technology

Lebanon, N.H.-based Mascoma Corp. announced Sept. 1 that it has acquired Canada's SunOpta BioProcess Inc., a division of SunOpta Inc., for $51 million. SunOpta BioProcess Inc. will now operate as a subsidiary of Mascoma under the name Mascoma Canada.READ MORE

Groundbreaking held for waste-to-fuel facility

A groundbreaking ceremony held Aug. 31 in Edmonton, Alberta, was the culmination of many words—painting a picture of possibilities, visions and ideas for a waste-to-biofuels project, said Vincent Chornet, president and CEO of Enerkem Inc. "This morning, we put our words in action," he said.READ MORE

EPA seeks comments on FFV fuel label

The U.S. EPA and the U.S. Department of Transportation are proposing to overhaul the fuel economy labels which are displayed on every new vehicle for sale in the U.S. In its proposal for new labeling requirements, the agencies have suggested three options for FFV labels.READ MORE

Meeting planned in S.D. on VeraSun letters

Corn farmers that received payment for corn deliveries to now-bankrupt VeraSun Energy Corp. ethanol plants have been surprised to receive letters asking for some of that money back.READ MORE
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