Ethanol Week - May 14, 2012

Court approves sale of ethanol plant, closing expected Monday A plant in cold idle since December 2010 is one step closer to being under new ownership. A judge approved the sale of Levelland Hockley County Ethanol LLC at a May 10 court hearing. READ MORE SHARE
Iowa dedicates $1 million more for renewable fuels infrastructure The Iowa Renewable Fuels Infrastructure Board is accepting applications for cost-share funding to assist with the installation of ethanol and biodiesel equipment at retail stations and wholesale distribution centers. READ MORE SHARE
	Judge finds in favor of Danisco, reverses ruling for Novozymes More than six months after Danisco and Genencor International were ordered to pay damages of $18.2 million for infringing on a Novozymes patent, a judge has reversed the jury's decision. READ MORE SHARE
Flint Hills Resources, others invest $32 million in EdeniQ EdeniQ Inc. has raised more than $32 million in capital through equity investments and a debt facility to further support the company's research and development and commercialization activities related to cellulosic sugar production. READ MORE SHARE
USDA projects record new crop prospects, sharply lower corn price USDA projects record feed grain supplies and a sharp drop in corn prices for the 2012-'13 corn crop in its May 10 World Agriculture Supply and Demand Estimates report. READ MORE SHARE
Report outlines biofuels' contribution to global economy A new report reveals the biofuels industry contributed $277.3 billion to the global economy in 2010 and predicts the global biofuels industry will produce more than 51 billion gallons and support more than 2.2 million jobs by 2020. READ MORE SHARE
Minnesota extends E20 mandate to start in 2015 The 2012 Omnibus Agriculture Policy bill calls for all gasoline blends sold in Minnesota to contain at least 20 percent ethanol by volume or the maximum percent of ethanol by volume allowed by the U.S. EPA by Aug. 30, 2015. READ MORE SHARE
BioTork develops xylose-fermenting yeast for ethanol facilities After nearly two years of collaborative research, biotechnology company BioTork LLC and NCERC have developed a yeast strain capable of fermenting the xylose found in ligno-cellulosic biomass in a commercial-scale environment READ MORE SHARE