Ethanol Week - January 26, 2015

Green Biologics raises $76 million to support plant conversion U.K-based Green Biologics Inc. has raised $76 million to support the acquisition and conversion of a Minnesota ethanol plant to produce n-butanol and acetone. The funding will also support continued development of the company's process technology. READ MORE SHARE
Novozymes: Bioenergy drives 2014 growth Novozymes has released 2014 financial results, reporting that sales growth was in line with expectations. During an investor call, Peder Holk Nielsen, president and CEO of Novozymes, said bioenergy was the strongest growth driver last year. READ MORE SHARE
	Iowa RFS campaign targets presidential candidates, caucus-goers Iowa Gov. Terry Branstad has announced a new campaign to promote the renewable fuel standard (RFS) during the 2016 Iowa presidential caucuses. The multimillion dollar effort will aim to educate both candidates and caucus-goers on the RFS. READ MORE SHARE
Agenda announced for 2015 International Biomass Conference & Expo BBI International has announced the agenda for the technical sessions of the 8th annual International Biomass Conference & Expo, North America's largest and fastest growing biomass conference, taking place April 20-22 in Minneapolis. READ MORE SHARE
Edeniq secures $16 million for cellulosic sugar production Edeniq announced it has raised $16 million in equity. The investment was led by I2BF Global Ventures. Draper Fisher Jurvetson, Angeleno Group, Flint Hills Resources Renewables, Westly Group, Cyrus Capital, and Nimes Capital also participated. READ MORE SHARE
IRENA announces REsource, a new online data platform The International Renewable Energy Agency has launched REsource, an online knowledge platform that enables users to easily find country-specific data, create customized charts and graphs, and compare countries on metrics like renewable energy use. READ MORE SHARE
DOE announces ARPA-E funding opportunity The U.S. Department of Energy's Advanced Research Projects Agency - Energy has announced plans to award up to $125 million in support of transformational energy projects. The solicitation is the third open funding opportunity announced by ARPA-E. READ MORE SHARE
Argonne model analyzes water footprint of biofuels A new version of an online tool created by the U.S. Department of Energy's Argonne National Laboratory will help biofuels developers gain a detailed understanding of water consumption of various types of feedstocks. READ MORE SHARE
Sheetz to offer E15 at 60 North Carolina locations Sheetz Convenience Stores has announced plans to offer E15 to customers in North Carolina. The company will begin to install E15 in early this year. By spring 2016, the company expects installation to be complete at 60 of its North Carolina stores. READ MORE SHARE
GRFA: Biofuels should be addressed at World Future Energy Summit As the 8th Annual World Future Energy Summit began in Abu Dhabi, the Global Renewable Fuels Alliance repeated its call for participants to bring biofuels to the top of the sustainability, economic and climate change agenda. READ MORE SHARE
Gevo announces cost-saving initiatives, new technology Gevo Inc. has announced several cost-saving initiatives aimed at improving its overall cash flow. The actions are expected to decrease the company's average monthly corporate-wide EBITDA burn rate by 40 percent this year. READ MORE SHARE
Commodities: Chinese DDGS buyers back in the market With the Chinese announcement that importing MIR 162 is allowed and February right around the corner, all eyes are now on the Chinese, and whether their buying will resume at volumes that were happening early last summer. READ MORE SHARE
Ceres discusses progress with sorghum hybrids in quarterly report Ceres Inc. has released financial results for the first quarter of fiscal year 2015, reporting progress with its breeding and genetic technologies. During an investor call, the company detailed planting of its sorghum hybrids in Brazil. READ MORE SHARE
Protec Fuel announces opening of E15 station in southern Florida North Miami's Caraf Oil is now offering E15 in Florida. The station held a kickoff event with substantial discounts on 88-octane E15 and E85 ethanol fuels on Jan. 21. Protec Fuel managed the ethanol blends installation. READ MORE SHARE
Commodities: Market fundamentals support low natural gas prices Oversupply in the natural gas market is likely to lead to lower prices this summer. While the market doesn't look as oversupplied as it was in 2012, similar dynamics are emerging that support the view that there's still room for prices to fall. READ MORE SHARE
Algenol launches algae fuels demonstration project in India Algenol and Reliance Industries Ltd. have successfully deployed India's first Algenol algae production platform. The demonstration module is located near the Reliance Jamnagar Refinery. Construction on the project was complete in November. READ MORE SHARE
Commodities: USDA report contains some surprises The USDA released the final January supply/demand estimates for the 2014/15 corn crop and a surprising fact was that the national corn yield was lowered from 173.4 to 171. This was the largest yield drop from November to final since 1993. READ MORE SHARE
White paper urges regulators to rethink ethanol's carbon value A new white paper written by Ron Alverson of the American Coalition for Ethanol reveals how scientists are applying technology innovations by farmers and ethanol facilities to improve the accuracy of carbon intensity modeling for biofuels. READ MORE SHARE
Commodities: Energy, ethanol prices continue dropping sharply Ethanol and gasoline prices have seen sharp losses over the first few weeks of 2015, as any support attributed to holiday travel demand has disappeared and additional support is hard to find. READ MORE SHARE
GRFA applauds FOA director-general for statement on biofuels The Global Renewable Fuels Alliance has applauded United Nations Food and Agriculture Organization Director-General Jose Graziano da Silva for his support of biofuels as a key part of the global agriculture complex. READ MORE SHARE