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Soil tilth lab studies corn stover harvestingThe top portion of the corn plant, including the cob but minus the grain, is the best portion of the corn stover to use in the production of cellulosic ethanol, according to new findings from the USDA Agricultural Research Service's National Soil Tilth Laboratory in Ames, Iowa.READ MORE Akuo Energy to build plant in UruguayParis-based Akuo Energy SA plans to builds a 30 MMgy sweet-sorghum-based ethanol plant in Uruguay. It will be Akuo's first international ethanol plant.READ MORE Economist: What if ethanol expansion levels off?If the U.S. corn-based ethanol industry doesn't expand in capacity beyond the plants that are currently producing or under construction, tightness in corn supplies will gradually ease as average corn yields continue to rise, according to Robert Wisner, a biofuels economist for the Agricultural Marketing Resource Center at Iowa State University in Ames, Iowa.READ MORE Conference to focus on ethanol lab managersICM Inc., Midwest Laboratories Inc. and Midland Scientific Inc. are sponsoring a conference dedicated to ethanol plant laboratory managers. The inaugural Fuel Ethanol Laboratory Manager Conference will be held Dec. 2-3 in Omaha, Neb.READ MORE Cardinal Ethanol starts up Indiana plantCardinal Ethanol LLC officially began start-up operations Nov. 1 at its 100 MMgy ethanol facility near Union City, Ind. The $150 million plant will use 36 million bushels of corn annually and produce approximately 340,000 tons of distillers dried grains with solubles annually.READ MORE The Andersons reports third-quarter profit increaseMaumee, Ohio-based The Andersons Inc. posted a net income of $12.8 million on revenues of $906 million in its third-quarter earnings report. Its grain and ethanol group's operating income was $9.4 million for the third quarter of 2008, compared with $13.7 million during the same quarter last year.READ MORE Aventine posts strong third-quarter earningsPekin, Ill.-based ethanol producer and marketer Aventine Renewable Energy Holdings Inc. posted a net income of $2.5 million, compared witha net loss of $1.9 million in its second quarter report earlier this year.READ MORE VeraSun receives interim financingFour days after it voluntarily filed for Chapter 11 bankruptcy protection, Brookings, S.D.-based ethanol producer VeraSun Energy Corp. received interim financing from its senior lenders and AgStar Finanical Services. The financing allows VeraSun to continue to operate while restructing its balance sheet.READ MORE VeraSun files for Chapter 11 bankruptcy protectionThe recent retreat in corn prices caught one of the nation's largest ethanol producers offguard. VeraSun Energy Corp. and its 24 subsidiaries filed for Chapter 11 bankruptcy protection with the United States Bankruptcy Court in the District of Delaware on Oct. 31, allowing it to enhance liquidity while the company reorganizes.READ MORE Industry: Obama, ethanol won the electionMembers of the ethanol industry are optimistic that a Barack Obama administration will be good for renewable fuels. During his campaign, President-elect Barack Obama vowed to continue supporting the development of a strong renewable fuels industry as a way to secure U.S. energy independence.READ MORE |
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