Argus Biofuels & Feedstocks 2016
October 18-20, 2016 - London UK

SunEthanol receives fourth U.S. DOE grant

Amherst, Mass.-based SunEthanol Inc. was recently awarded a $750,000 grant from the U.S. DOE to continue perfecting its one-step process for converting plant waste to ethanol. This is the fourth DOE grant that SunEthanol has received in the past year.READ MORE

Researchers study DDGS trade risk management

A team of Kansas State University researchers are exploring the pricing history and valuation methods for distillers grains in a global market context. That data will be used to help the researchers and the Kansas City Board of Trade design risk management tools for commodities traders. The researchers were awarded $83,150 from the USDA Federal-State Marketing Improvement Program for the one-year study, which begins in September.READ MORE

Business and Finance magazine honors Lyons

The Irish magazine Business and Finance has named Pearse Lyons, founder and president of Alltech, one of the most influential U.S.-Irish business leaders of 2008. In 1980, Lyons founded Alltech in Lexington, Ky., one of the first technology and product suppliers to the ethanol industry.READ MORE

Pacific Ethanol closes credit facility

Through its marketing subsidiary Kinergy Marketing LLC, Sacramento, Calif.-based Pacific Ethanol Inc. has closed on a $40 million revolving credit facility with Wachovia Capital Finance Corp.READ MORE

The Andersons posts record second-quarter earnings

Maumee, Ohio-based The Andersons Inc. posted a record second-quarter operating income of $20 million in its Grain & Ethanol Group, a significant incrase from the same quarter last year.READ MORE

ADM reports fourth-quarter losses

Decatur, Ill.-based Archer Daniels Midland Co. announced that its fourth-quarter net earnings fell 61 percent to $372 million, down from $954.8 million during the same period last year. The company's fourth-quarter earnings report ended June 30.READ MORE

Mid-Missouri Energy to use landfill gas

Minneapolis-based U.S. Energy Services Inc.; Johnson County Landfill in Shawnee, Kan.; and Chicago-based Integrys Energy Group Inc. have entered into an agreement that will supply renewable landfill gas to Mid-Missouri Energy Inc., a 40 MMgy ethanol plant in Malta Bend, Mo.READ MORE

BBI receives Fastest 50 Award

Salida, Colo.-based BBI International Inc. has been named a member of Trade Show Week's Fastest 50 as a result of its International Fuel Ethanol Workshop & Expo posting growth for the second year in a row. The Fastest 50 awards are based on annual increases in the number of exhibitors and total net square footage used for an event.READ MORE

BP invests $90 million in Verenium

After a year of conversations, BP and Verenium Corp. announced Aug. 6 that they have entered into a strategic partnership to accelerate the development and commercialization of cellulosic ethanol. As part of the joint venture, BP will invest $90 million in Verenium over the next 18 months in exchange for rights to current and future technology held within the partnership, as well as production facilities and agronomics expertise.READ MORE

EPA denies RFS waiver request

The U.S. EPA has denied the renewable fuels standard (RFS) waiver request submitted by Texas Gov. Rick Perry. EPA Administrator Stephen Johnson said as a result, the required total volume of renewable fuels to be blended into the nation's fuel supply will remain at 9 billion gallons for 2008 and 11.1 billion gallons in 2009. "The renewable fuels standard is not causing severe economic harm," he said.READ MORE
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