October 12, 2018
BY Ethanol Producer Magazine
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Archer Daniels Midland Co. released fourth quarter financial results on Feb. 4, reporting increased operating profit for its Vantage Corn Processor subsegment on higher ethanol export volumes and improved margins.
During its first quarter meeting, the ACE board of directors elected its 2025 officers, who also comprise the organization’s executive committee. Dave Sovereign, chairman of Golden Grain Energy’s board, will serve as president.
Blue Biofuels has signed an agreement to acquire 35.5 acres of land in Frostproof, Florida. The company plans to develop a 3 MMgy facility on the site. Planned expansion projects would boost capacity to 100 MMgy of cellulosic ethanol and SAF.
U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.
Summit Carbon Solutions has filed a legal action to ensure a fair and transparent process for the South Dakota PUC review of its pipeline permit. The company has asked the court to prevent one of the commissioners from participating in the decision.