Ethanol Week - December 19, 2011

Ethanol prices hit one-year low, corn prices down too At the end of a strong year for ethanol prices, futures prices for ethanol sank to $2.06 on Dec. 15, the lowest price since November 2010. The other side of the coin is that corn prices are down too. READ MORE SHARE
Mascoma scores $80 million from DOE for Michigan plant Mascoma Corp. announced Dec. 14 that it has secured $80 million in funding through the U.S. DOE as part of a cooperative agreement to design, construct and operate its planned 20 MMgy hardwood pulpwood-to-ethanol facility in Kinross, Mich. READ MORE SHARE
	USDA helps install 266 blender pumps through REAP The USDA announced the final round of fiscal year 2011 Renewable Energy for America Program awards on Dec. 14, bringing the total number of REAP-funded blender pump projects for the fiscal year up to 65. READ MORE SHARE
Canadian company works to showcase closed-loop ethanol plant By the end of January, Atlantic BioEnergy Corp. expects to be producing ethanol at its new $6.2 million demonstration plant in Cornwall, Prince Edward Island. READ MORE SHARE
Tax credits continue to dominate ethanol policy discussions As the cellulosic ethanol industry begins to actively come into commercial-scale production, current tax incentives must remain to support those facilities through the initial few years of production, according to the Advanced Ethanol Council. READ MORE SHARE
Ethanol shuffle based on 'questionable assumptions' The assumption that the production of sugarcane ethanol results in fewer lifecycle greenhouse gas emissions than corn ethanol is based on questionable analyses, RFA's Geoff Cooper argues. READ MORE SHARE
Enerkem raises C$15 million in project equity financing Enerkem raises $15 million in project equity financing for its commercial waste-to-biofuels facility in Edmonton, Alberta. READ MORE SHARE
Grant goes to purchase advanced harvesting equipment The Kansas Alliance for Biorefining and Bioenergy is using a $4.8 million grant to purchase advanced harvesting equipment. The first piece of equipment purchased was a Stinger Stacker 6500 bale-handling truck. READ MORE SHARE
Pacific Ethanol boosts ownership stake to 34 percent Pacific Ethanol Inc. has signed with a group of institutional investors to raise $8 million in a private placement transaction and acquired an additional 7 percent ownership stake in the Pacific Ethanol production facilities. READ MORE SHARE