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

House votes to restore loan guarantee funding

On Dec. 16 the U.S. House of Representatives voted to pass legislation that would restore $2 billion in funding to a U.S. DOE loan guarantee program. The funding was borrowed from the program in July 2009, and used to extend the Consumer Assistance to Recycle and Save Program-more commonly known as Cash for Clunkers. In response to the legislation, the Renewable Fuels Association said it was pleased to see the House vote to return those funds. "It's an important step and one the Senate should replicate as soon as possible," RFA President Bob Dinneen said. "Restoring these funds is just the first step. Making sure the shovel-ready advanced biofuel projects can gain access to these loan guarantees is vital for them to begin construction and production commercial volumes of next generation renewable fuels."READ MORE

Petroleum Institute challenges Tennessee renewable fuels law

The American Petroleum Institute is challenging a state law in Tennessee that would require refiners and suppliers of gasoline and diesel to sell unblended fuels. A lawsuit filed by the API on Dec. 18 in the U.S. District Court for the Middle District of Tennessee claims that the Tennessee Renewable Fuels Blending Act of 2009 violates several federal laws. The Tennessee Renewable Fuels Blending Act, which became state law in mid-2009 and goes into effect Jan. 1, 2010, requires refiners, suppliers and permissive suppliers of gasoline and diesel in the state to make unblended gasoline and diesel blendstock available to wholesalers.READ MORE

Europe's largest wheat-based ethanol plant to begin operations

Europe's largest wheat-based ethanol plant is preparing to begin full-scale production. The facility, which is owned by Ensus Ltd., has an annual production capacity of 400 MMly (106 MMgy) of ethanol and 350,000 metric tons (386,000 tons) of distillers grains. According to Ensus Chief Executive Alwyn Hughes, the Wilton, Teesside, U.K.-based facility is currently in the commissioning stage, and is expected to enter full-scale production in Jan. 2010.READ MORE

Advanced Biofuels Workshop opens call for speaker abstracts

Abstracts are now being accepted for the 2010 Advanced Biofuels Workshop to be held June 14, 2010, in St. Louis. The one-day event, now in its third year, will be co-located with the Fuel Ethanol Workshop & Expo.READ MORE

Ethanol groups challenge constitutionality of California LCFS

Relating to the complaint they filed in Federal District Court in Fresno, California, concerning the California Low Carbon Fuel Standard (LCFS), the Renewable Fuels Association and Growth Energy issued the following joint statement: "If the United States is going to have a low carbon fuel standard, it must be based on sound science and it must be consistent with the U.S. Constitution. California's Low Carbon Fuel Standard (LCFS) is fundamentally flawed in both respects. Today, in federal court, we filed a lawsuit challenging the constitutionality of the LCFS. As structured, it violates both the Supremacy Clause and the Commerce Clause of the U.S. Constitution.READ MORE

Hawkeye Renewables files bankruptcy

Hawkeye Renewables LLC filed for Chapter 11 bankruptcy on Dec. 21. The company, which is a subsidiary of Hawkeye Energy Holdings LLC, owns and operates two Iowa-based ethanol plants; a 100 MMgy facility in Iowa Falls and a 115 MMgy facility in Fairbank. According to a statement released by Hawkeye Energy, Hawkeye Renewables' proposed plan of reorganization has been overwhelmingly accepted by its first lien lenders. In addition, Hawkeye Energy said the "pre-packaged" restructuring plan that will be implemented through the bankruptcy filing is expected to increase the financial strength and capitalization of Hawkeye Renewables by converting debt into equity.READ MORE
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