Business

15 hours ago

Ethanol brings $2 billion per year to Minnesota's economy

BY Minnesota Bio-Fuels Association Found In:Markets, Business, PolicyAccording to a new study, the state’s ethanol industry used 410 million bushels of corn, about one-fourth of the Minnesota crop, to produce 1.18 billion gallons of ethanol, 3.5 million tons of DDGS and 244 million pounds of corn oil in 2016. READ MORE

February 23, 2017

Propel Fuels serves largest US E85 market in California

BY Propel Fuels Found In:Markets, BusinessPropel Fuels describes its innovative strategy to build customer loyalty in the California market for its branded E85. Successfully executing consumer strategies will be worth billions of dollars, CEO Elam says. READ MORE

February 23, 2017

Alliance Bioenergy makes offer on IneosBio Vero Beach property

BY Alliance BioEnergy Found In:Cellulosic, BusinessAlliance BioEnergy Plus submitted an offer to buy the Vero Beach, Florida, cellulosic ethanol facility built by INEOS. If successful, the company says it will immediately begin retrofitting the front end with its CTS cellulosic ethanol process. READ MORE

February 22, 2017

Retailers, marketers urge EPA to maintain point of obligation

BY NATSO Found In:Markets, Business, PolicyAs the EPA public comment period on the RFS' point of obligation closed, truck stop owners trade association NATSO reported vast support to keep the program's current compliance structure. The group said most of the sector opposes a shift. READ MORE

February 21, 2017

Trump reiterates support for ethanol, RFS

BY Renewable Fuels Association Found In:Markets, Business, PolicyIn a letter to National Ethanol Conference attendees, the president reconfirmed his support for biofuels, while making it clear that his focus on reducing regulatory burdens on American businesses supersedes his defense of renewable energy. READ MORE

February 21, 2017

Novozymes launches advanced enzyme to boost ethanol yields

BY Novozymes Found In:Operations, BusinessNovozymes' new trehalase enzymes convert residual sugars that would otherwise be wasted. An average 100 MMgy corn ethanol plant could make up to $1 million in additional revenue, the company says. READ MORE

February 21, 2017

Greenyug signs offtake agreement for ethyl acetate

BY Greenyug Found In:Markets, BusinessGermany-based HELM AG will handle worldwide sales and marketing of ethyl acetate from Greenyug's planned facility to be colocated with ADM in Columbus, Nebraska, using ethanol from the corn-processing facility. READ MORE

February 20, 2017

Poet-DSM plans enzyme manufacturing facility at Project Liberty

BY Poet-DSM Found In:Cellulosic, BusinessConstruction is expected to start midyear on an on-site enzyme-manufacturing plant at Poet-DSM's cellulosic ethanol plant in Emmetsburg, Iowa, pending state and local approvals. Production is still ramping up; conversion rates reach 70 gal per ton. READ MORE

February 17, 2017

Ethanol trade groups congratulate, instruct new EPA chief

BY Tom BryanFound In:Markets, Business, PolicyThe Senate has confirmed Oklahoma Attorney General Scott Pruitt to lead the U.S. EPA. While congratulating Pruitt, ethanol trade groups urged him not to alter the Renewable Fuel Standard, especially the program’s point of obligation. READ MORE