EIA increases 2015 ethanol production forecast The U.S. Energy Information Administration has published the February issue of its Short-Term Energy Outlook, reporting ethanol production is expected to average 938,000 barrels per day this year, increasing to 936,000 barrels per day next year. READ MORE SHARE
New president to lead Poet-DSM joint venture Poet-DSM Advanced Biofuels' commercial activities will be moving forward under the leadership of the joint venture's first president, Dan Cummings. He joins Poet-DSM after serving as president and director of INEOS New Planet BioEnergy.READ MORE SHARE
USDA releases 10-year projections The USDA has released new 10-year projections for the food and agricultural sector, reporting that approximately 35 percent of total corn use is projected to go to ethanol production through 2024.
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Algenol closes on internal equity financing Algenol has closed on a $25 million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. This new investment follows a $40 million investment made by BioFields last year. READ MORE SHARE
RFA releases numbers on 2014 ethanol exports U.S. ethanol exports hit 836 million gallons in 2014, 6 percent of the total 14.3 billion gallons produced nationwide. According to the Renewable Fuels Association, the 2014 export volume is second only to the 1.19 billion gallons exported in 2011.READ MORE SHARE
CropEnergies reports increased revenue European-based CropEnergies AG has announced revenues of EUR 626 million ($710.42 million) for the first nine months of fiscal year 2014/2015, up 9.4 percent from EUR 573 million in revenue reported for the same period of the prior year.READ MORE SHARE