November 4, 2013
BY Holly Jessen
Advertisement
Advertisement
Green Plains Inc. on Aug. 6 released second quarter financial results, reporting solid earnings on higher ethanol crush margins, robust domestic and export demand, and strong operational performance.
Alto Ingredients Inc. released second quarter financial results on Aug. 5, reporting increased net sales, gross profit and adjusted EBITDA. Crush margins were up significantly during the quarter, with production volumes up slightly.
Aemetis Inc. on Aug. 6 reported the company achieved 20% revenue growth during the second quarter. During an earnings call, company officials discussed ongoing improvements at the Keyes ethanol plant and plans to expand biogas production.
Europeans want more renewable energy but are concerned about how much it will cost, according to a new EuroPulse survey. Fortunately, the European Union has a homegrown solution: renewable ethanol, according to ePURE.
U.S. fuel ethanol production fell by 2% the week ending July 31, according to data released by the U.S. Energy Information Administration on Aug. 5. Stocks of fuel ethanol fell by 1% while exports expanded by 46%.