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

Smithfield CEO says ethanol hurts hog production

Smithfield Foods CEO C. Larry Pope is no fan of ethanol. At a Back-to-School Consumer Conference, hosted by Barclay's last Thursday, Pope said the ethanol strategy has been "extremely disruptive to those who use grains as a baseline raw material input for their product." Smithfield Foods is the world's largest pork processor and hog producer, with revenues exceeding $12 billion in fiscal 2009. In the past seven quarters, Smithfield has seen revenues from hog production decline, which Pope attributes to competition in the grain market.READ MORE

Mascoma, Chevron Technology Ventures enter into feedstock supply agreement

New Hampshire-based Mascoma Corp. recently announced it has entered into a two-year feedstock processing and lignin supply agreement with Chevron Technology Ventures, a division of Chevron U.S.A. Inc. Under the agreement, CTV will provide a variety of lignocellulosic feedstocks to Mascoma. According to a Mascoma spokeswoman, this feedstock material will primarily consist of woodchips, agricultural waste and energy crops, such as switchgrass. Mascoma will convert these feedstock materials into cellulosic ethanol at the company's 200,000 gallon per year demonstration-scale facility in Rome, N.Y. The lignin material produced as a by-product of Mascoma's cellulosic ethanol process will be provide to CTV for evaluation and testing.READ MORE

Farmers, investors buy VeraSun land

Approximately 1,600 acres of Illinois farm land previously owned by VeraSun Energy Corp. sold for $10.5 million during a Sept. 10 auction. Approximately 487 acres with rail access in Montgomery County was purchased for $3.3 million by five buyers and could possibly be used as a grain terminal location. The remaining acres in Madison County and Vermilion County were purchased by local farmers. VeraSun had purchased the land for ethanol-related purposes prior to its Oct. 2008 bankruptcy filing. The auction was held in an attempt to maximize return for VeraSun's creditors.READ MORE

Genencor opens Iowa research center

Enzyme developer Genencor, a division of Danisco A/S, recently completed a $52 million project to expand its Cedar Rapids, Iowa, enzyme manufacturing plant and add a grain processing application center to the facility. The company held a grand opening event Sept. 16 which was attended by nearly 200 people, including Iowa Gov. Chet Culver, who applauded the company for bringing jobs to Iowa.READ MORE

Brazil introduces restrictions for sugarcane production

On Sept. 17, Brazil President Luiz Inácio Lula da Silva proposed a bill that, if passed, will greatly restrict land available for sugarcane farming and processing in the world's largest sugarcane-producing country. Promoted as an "unprecedented initiative," the bill would effectively make 92.5 percent of Brazilian land off-limits to the sugarcane industry. The bill was drafted in response to findings from the National Agro-Ecological Zoning for Sugarcane (ZAE Cana) study, which was the first study conducted in Brazil that incorporated economic and social considerations into its sustainability model.READ MORE

EPA, NHTSA propose rule that could impact FFVs

The U.S. EPA and National Highway Traffic Safety Administration have released the proposed rule for a new program aimed at light-duty vehicles that aims to reduce greenhouse gas (GHG) emissions and improve fuel economy. In the rulemaking, EPA proposes certain GHG emissions standards under the Clean Air Act, while NHTSA proposes new Corporate Average Fuel Economy standards be implemented under the Energy Policy and Conservation Act.READ MORE

New Senate ethanol bill addresses E15 waiver

U.S. Sen. Susan Collins (R-Maine) and U.S. Sen. Benjamin L. Cardin (D-Md.) introduced legislation they intend will ensure that new gasoline fuel mixtures introduced into the marketplace are compatible with gasoline-fueled engines already in widespread use. The bill requires that fuel with an ethanol concentration above 10 percent be certified by the U.S. EPA as being compliant with the Clean Air Act before being permitted into commerce. It also calls upon the EPA's Science Advisory Board to study the compatibility of the new fuel blend with current engines.READ MORE
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