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

EPA extends E15 waiver commentary period

The U.S. EPA announced May 15 that it is extending the period for public comments regarding the request filed March 6 by Growth Energy and 54 ethanol producers asking for approval to increase the amount of ethanol blended into gasoline up to 15 percent. The public comment period for the waiver request was initially set to end May 21, but will be extended for an additional 60 days and will now end July 20.READ MORE

Idaho to eliminate tax deduction for ethanol

Legislation that would eliminate Idaho's 10 percent (2.5-cent-per-gallon) tax exemption for ethanol and biodiesel blended fuels is currently awaiting Gov. C.L. "Butch" Otter's signature. The legislation, H.338, is one component of Otter's plan to boost funding for roadwork within the state. In Idaho, gasoline, diesel, and ethanol and biodiesel blended fuels are currently taxed at 25 cents per gallon. Under current law, fuel distributors are allowed deduct 10 percent of that tax when supplying ethanol or biodiesel blended fuels. H.338 will eliminate that deduction.READ MORE

WASDE: '09-'10 U.S. corn production, supplies down; world production, supplies up

In the May 12 World Agricultural Supply and Demand Estimates report, the USDA said the outlook for U.S. corn production for the 2009/10 marketing year is down and lower expected beginning stocks reflect increases in both ethanol corn use and exports for the 2008/09 marketing year. Global corn production for 2009/10 is expected to be the third-highest on record while 2009/10 marketing year beginning stocks are also expected higher.READ MORE

DOE invests in energy research centers

The U.S. DOE recently announced that the agency's Office of Science will invest $777 million in Energy Frontier Research Centers over the next five years. Forty-six multi-million dollar EFRCs will be established at universities, national laboratories, nonprofit organizations and privation firms in an effort to accelerate the scientific breakthroughs required to build a new 21st century energy economy.READ MORE

Recession continues to impact ethanol industry

The economic recession is continuing to have a negative impact on the ethanol industry. Several ethanol producers recently issued financial results for the quarter ending March 31. The quarterly filings predominantly report reduced profitability and production when compared to financial results one year earlier. At least one company, Pacific Ethanol Inc., has stated that it will be soon be forced to file for bankruptcy if it is unable to restructure its debt and obtain sufficient liquidity in the near-term.READ MORE

Carbon Green to reduce carbon footprint at newly acquired ethanol plant

The future owners of the former VeraSun Energy Corp. 40MMgy ethanol plant in Woodbury, Mich., plan to increase energy efficiency at the plant and to replace the fossil fuels used to power the plant with renewable energy sources. Carbon Green Bioenergy, a partnership between Chicago-based Carbon Green LLC and Energetix LLC, plans to leverage Carbon Green's experience in carbon credit management, as well as the experience of the new Carbon Green Bioenergy leadership, to improve the carbon footprint at the plant.READ MORE
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