Gevo Inc.
March 27, 2015
BY Erin Voegele
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Rex American Resources Inc. on March 28 released financial results for its fiscal Q4, reporting near record profits for both the three-month period and the full year. Sales volumes for ethanol and coproducts were up.
U.S. fuel ethanol production was up nearly 1% the week ending March 22, according to data released by the U.S. Energy Information Administration on March 27. Ethanol stocks were up slightly while exports were down 37%.
Legislation introduced in the Illinois Senate aims to create a technology-neutral clean fuel standard (CFS) that would reduce the carbon intensity of transportation fuels by 20% by 2038.
Green Plains Inc. has begun commissioning of the York, Nebraska, demonstration facility combining Fluid Quip Technologies’ precision separation and processing technology (MSC) with Shell Fiber Conversion Technology (SFCT).
U.S. Grains Council staff recently traveled to Maputo, Mozambique and met with high-ranking government officials from the U.S. and Mozambique to discuss the country’s intention to implement a 10 percent ethanol fuel blend by August.