Ethanol Week - May 6, 2013

May 6, 2013

Canergy selects Chemtex, Beta Renewables for cellulosic project Canergy LLC has announced that the selection of Chemtex and Beta Renewables for the development of its 25 million gallon a year cellulosic biofuels facility to be located in the Imperial Valley of California. READ MORE SHARE
API lands Brazil investment to commercialize cellulosic process With a fresh investment from Brazil's GranBio, American Process Inc. is poised to develop its first commercial-scale cellulosic biorefineries in both the U.S. and Brazil. API CEO Theodora Retsina, said the companies hope to break ground in 2014. READ MORE SHARE
	Advanced Biofuels to retrofit Moses Lake plant for cellulosic Advanced Biofuels Corp. has bought a legacy 7 MMgy ethanol plant in Moses Lake, Wash., with plans to retrofit existing systems and install new pretreatment process equipment, converting the facility into a 6 MMgy advanced ethanol facility. READ MORE SHARE
Bill aims to open MLP business structure to renewable energy Legislation recently introduced in the U.S. Senate aims to level the energy playing field between fossil and renewable energy projects by allowing investors in renewable energy projects access the corporate structure of master limited partnerships. READ MORE SHARE
Researchers reveal increased efficiencies in ethanol production A recent survey of the ethanol industry revealed improved ethanol yields and energy efficiency from 2008 through 2012. Water use dropped during the over the time frame, while corn oil extraction increased by nearly five times. READ MORE SHARE
Senators request WTO challenge of EU duty on US ethanol A group of fourteen U.S. senators have sent a letter asking the acting U.S. trade representative and acting secretary of commerce to consider a World Trade Organization challenge to the five-year duty imposed on U.S. ethanol exported to the Europe. READ MORE SHARE
ADM reports positive net earnings, improved ethanol results The first quarter financial results of Archer Daniels Midland Co. were a mixed bag, with the ethanol segment showing improved margins while oilseeds earnings were reduced. Net earnings for the quarter ending March 31 were $268 million. READ MORE SHARE
New yeast strain could lower cellulosic ethanol cost A new strain of yeast that could help streamline cellulosic ethanol costs and production has been developed by USDA researchers. The team determined that this yeast strain can break down and ferment the sugars in corn cobs after xylose extraction. READ MORE SHARE
NREL researchers use enzyme combination to break down biomass Enzymes could break down cell walls faster, leading to less expensive biofuels for transportation, if two enzyme systems are brought together in an industrial setting, new research by the National Renewable Energy Laboratory suggests. READ MORE SHARE
Brazil sugar, ethanol production expected to increase this year Brazil's Agricultural Trade Office has filed its annual sugar report with the USDA Global Agricultural Information Network. According to the document, Brazil's marketing year 2013-'14 sugarcane crop is forecast to reach 640 million metric tons. READ MORE SHARE
Novozymes reports Q1 financial results Novozymes has released its interim financial report for the first quarter of 2013. While bioenergy enzyme sales were down, the company reported that sales of its recently launched Avantec product are expected to increase this year. READ MORE SHARE
Bill requiring more E15 study out of committee, gets CBO review A bill proposed Rep. Jim Sensenbrenner, R-Wis., that would put E15 on hold for another round of studies was evaluated by the Congressional Budget Office. The cost evaluation followed the bill's passage in a full committee markup on April 11 READ MORE SHARE
Valero releases Q1 financial results Valero Energy Corp. has released its financial results for the first quarter of 2013, reporting an operating income of $14 million for its ethanol segment, a $5 million increase over the $9 reported during the same period of 2012. READ MORE SHARE
Argus adds India ethanol assessment Global energy and commodity price reporting agency Argus has launched the Argus India ethanol assessment to meet growing demand for price references and transparency in the market. READ MORE SHARE
Biofuel groups encourage lawmakers to maintain the RFS Several biofuel trade organizations have weighed in on white paper published by the House Energy and Commerce Committee on the impact the renewable fuel standard (RFS) has had on the U.S. agricultural sector. READ MORE SHARE
Organizations signal unified support for Farm Bill energy title More than 100 organizations have delivered a letter to the leaders of the House and Senate Agriculture Committees urging them to adopt a new Farm Bill with robust mandatory funding for renewable energy and energy efficiency programs. READ MORE SHARE