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Iowa manufacturing legend, Vermeer, dies at 90Gary Vermeer, 90, founder of Vermeer Corp., died Feb. 2 in Pella, Iowa. In 1948, he began Vermeer Manufacturing Co. which has grown into an international organization manufacturing agricultural, construction, environmental and industrial equipment.READ MORE Survey shows shifts in Iowa corn movementIowa grain elevators are losing market share as more corn moves directly to ethanol plants in the state. Researchers Chad Hart and Tun-Hsiang Yu studied the issue and reported their findings in the paper titled "Impact of Biofuel Industry Expansion on Grain Utilization and Distribution: Preliminary Results of Iowa Grain and Biofuel Survey."READ MORE CPT president announces retirementW.J. Will Duensing has announced he will retire as president and chief executive officer of Cereal Process Technologies on March 13. Robert Giguere, president of Iowa Corn Processors, has been selected by CPT's board of directors to succeed Duensing.READ MORE MGPI plans to stop producing fuel-grade ethanolAtchison, Kan.-based MGP Ingredients Inc. confirmed in an 8-K filing with the U.S. Securities and Exchange Commission on Feb. 3 that it plans to exit the fuel-grade ethanol business and temporarily shut down food-grade alcohol production operations at its 78 MMgy facility in Pekin, Ill.READ MORE Renew Energy files for Chapter 11 bankruptcyWisconsin-based Ethanol producer Renew Energy LLC recently filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the Western District of Wisconsin. Renew Energy, which is the state's largest ethanol producer, owns and operates a 130 MMgy corn-based ethanol plant in Jefferson and a 52 MMgy facility in Utica, Wis.READ MORE EIA: Despite economy, ethanol production increasesAccording to recent statistics compiled by the U.S. Energy Information Administration, U.S. ethanol facilities produced 668,000 barrels per day in November 2008 - an increase of 189,000 barrels per day from the previous year.READ MORE Novozymes, China companies to produce ethanolDenmark-based enzyme producer Novozymes A/S and China National Cereals, Oil & Foodstuff Corp. Ltd. have entered into a partnership with China Petroleum & Chemical Corp. to develop a process to produce ethanol from corn stover on a commercial-scale and then distribute the ethanol.READ MORE Kansas blender pump program becomes permanentKansas Secretary of Agriculture Adrian Polansky recently announced the state's pilot program for ethanol blender pumps has become permanent. The pilot program had been in place since early 2008.READ MORE Clark becomes Growth Energy cochairmanGrowth Energy, an organization dedicated to promoting clean energy and expanding the use of ethanol in gasoline, announced Feb. 5 that national Democratic leader and four-star retired Army Gen. Wesley Clark has become its cochairman.READ MORE Valero Energy offers bid to buy VeraSun assetsSouth Dakota-based ethanol producer and marketer VeraSun Energy Corp. has signed an agreement in bankruptcy court with Valero Energy Corp. to sell some of its assets to the Texas-based oil refiner for $280 million, in addition to the value of inventory and certain pre-paid expenses.READ MORE |
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