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CFTC clears over-the-counter ethanol contractsThe Commodity Futures Trading Commission has issued an order permitting the Chicago Mercantile Exchange to clear over-the-counter ethanol contracts.READ MORE RFA hires Redding, WhiteTwo ethanol industry veterans are joining the Renewable Fuels Association. On Nov. 1, Jim Redding will join the RFA as vice president for industry relations. Robert White joined the RFA on Oct. 5 as director of market development.READ MORE NEVC: U.S. E85 stations exceed 1,800The number of E85 stations across the United States has increased by 28 percent in the past year, according to the National Ethanol Vehicle Coalition. A report released by the NEVC on Oct. 13 stated there are approximately 1,802 private and public refueling stations in the United States. Minnesota leads with 357 stations, followed by Illinois with 188 and Missouri with 112.READ MORE DOE gives Clemson University grant to build cellulosic pilot plantThe U.S. DOE has awarded a grant to Clemson University in South Carolina to build a pilot-scale facility to research switchgrass, sweet sorghum, trees and other ethanol feedstocks. Clemson will lead the $1.2 million ethanol research project being conducted by the newly formed South Carolina Bioenergy Research Collaborative.READ MORE Panda Ethanol restructures loans for Texas facilityPanda Ethanol Inc. has restructured the funding arrangements on its 115 MMgy ethanol plant in Hereford, Texas. The restructuring, which was made with the support of the project's senior and subordinated lenders, will allow for construction to be completed and the plant to start up Jan. 30.READ MORE East Coast Ethanol begins equity driveIn a year when announcements of equity drives have been few and far between, East Coast Ethanol LLC made a big splash Oct. 14, holding concurrent events announcing plans to build four 110 MMgy corn-based ethanol plants along the Atlantic Coast. The facilities will be built in Jackson, N.C.; Columbia, S.C.; Jesup, Ga.; and Carollton, Fla.READ MORE Obama campaign tours Range Fuels in ColoradoOn Oct. 13, representatives from the Democratic Party toured Range Fuels' pilot-scale cellulosic ethanol plant in Denver. The stop was part of a day-long New Energy Economy Tour focused on promoting Obama's energy policy.READ MORE Penford Products on line after spring flood in IowaPenford Products Co. has resumed its production and sale of ethanol in Cedar Rapids, Iowa, after being off-line for more than three months following record flooding in the state, which forced the plant to shut down in June.READ MORE Volatile economics hurt ethanol producersThe economic crisis in the United States has resonated in virtually every market, including the ethanol industry. As a result of volatile economics, several plant operations have been interrupted, others have been forced to restructure their balance sheets, and a few have been forced to shut down.READ MORE Kinder Morgan to offer ethanol pipeline serviceKinder Morgan Energy Partners LP recently completed a series of tests to demonstrate the commercial feasibility of transporting batched denatured ethanol in its 16-inch gasoline pipeline between Tampa and Orlando, Fla. The company is finalizing mechanical modifications to the pipeline and intends to begin offering the ethanol service by mid-November.READ MORE |
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