The Andersons Inc. reported record earnings in 2014 with the ethanol group delivering full-year operating income of $92.3 million, far exceeding its prior best year of $40.6 million. The company also achieved record ethanol production and yields.
The Canadian industry has innovative producers pursuing the opportunities in the broader bioeconomy, writes Andrea Kent of the Canadian Renewable Fuels Association. Canada is well positioned to become a leader in advanced biofuels and bioproducts.
Researchers at the University of Georgia have developed a "super strain" of yeast that can efficiently ferment ethanol from pretreated pine, one of the most common species of trees in Georgia and the U.S.
A new sorghum plant developed by scientists at the USDA Agricultural Research Service Cropping Systems Research Laboratory can produce 30 to 40 percent more seeds than conventional varieties currently grown by farmers.
The U.S. Energy Information Administration has published the February issue of its Short-Term Energy Outlook, reporting ethanol production is expected to average 938,000 barrels per day this year, increasing to 936,000 barrels per day next year.
EPM's Spotlight on Illinois also includes information about work at a research center in that state. The National Corn-to-Ethanol Research Center opened its doors in 2003.
EPM's Spotlight on Illinois digs into the details of the state's past and present ethanol industry, including efforts to write a book about the history of the ethanol industry as a whole. The author is a professor at an Illinois university.
Some of the most influential players in gaining federal support for the early ethanol industry have roots in the Land of Lincoln.
Algenol has closed on a $25 million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. This new investment follows a $40 million investment made by BioFields last year.
Valicor Inc. has announced that it has completed the acquisition of a patent that covers the extraction of protein from corn ethanol stillage and is designed to help ethanol producers maximize their coproduct recovery and value.
Ten more corn ethanol plants were approved through the U.S. EPA's efficient producer petition process (EP3) at the end of January, bringing the total to 19. The first round of nine approvals were announced in December.
USDA put a number to a projected increase in ethanol use in its Feb. 10, supply/demand report. Based on the higher forecasts for 2015 gasoline consumption, the USDA raised expected corn use for ethanol production by 75 million bushels.
Blume Distillation LLC just doubled its Series B capitalization with a $1 million capital infusion from cleantech seed and venture capital fund Climate Change Investigation, Innovation and Investment Co.
On Feb. 10, the USDA hosted a media call announcing more than $280 million is being made available to eligible applicants through the Rural Energy for America Program. Agricultural Secretary Tom Vilsack highlighted recent improvements made to REAP.
There are winners and losers in a U.S. Supreme Court decision made last summer, writes James Pray of BrownWinick Law Firm. There are U.S. ethanol producers that are in each of those categories.
Utilization of the fiber portion of a corn kernel may be the next big thing, writes Kurt A. Rosentrater of Distillers Grains Technology Council.
Ethanol can be part of a winning strategy to improve air quality in the Omaha area, says the Nebraska Ethanol Board. The association recently started a conversation about ways to lower the levels of toxic compounds mixed in gas.
ICM Inc. has announced that Kansas Ethanol LLC, of Lyons, Kansas, has signed an agreement for purchase, license to operate, and full-scale installation of ICM's patent-pending Fiber Separation Technology.
European-based CropEnergies AG has announced revenues of EUR 626 million ($710.42 million) for the first nine months of fiscal year 2014/2015, up 9.4 percent from EUR 573 million in revenue reported for the same period of the prior year.
U.S. ethanol exports hit 836 million gallons in 2014, 6 percent of the total 14.3 billion gallons produced nationwide. According to the Renewable Fuels Association, the 2014 export volume is second only to the 1.19 billion gallons exported in 2011.
In 2014, Green Plains Inc. produced a record 966 million gallons of ethanol, processed 10 million tons of corn and earned more than $100 million in non-ethanol operating income, and is close to meeting its goal of having zero net term debt.
The Roundtable on Sustainable Biomaterials has opened a 60-day comment period on a revision of the RSB Principles & Criteria. Comments gathered will inform discussions among RSB members over the forthcoming Version 3.0 of the P&Cs.
The efficient production of both biofuel and animal feed from one crop is now possible, and can be done on a farm without the need for off-site processes. The process is known as solid-state fermentation.
Syngenta has released 2014 financial results, reporting integrated sales were up 6 percent last year at constant exchange rates, while fourth quarter sales were up 12 percent. EBITDA was $2.9 billion, up 1 percent from 2013.
Murphy USA Inc. has released 2014 financial results, reporting the compan''s ethanol plant in Hereford, Texas, achieved record annual income of $20.1 million last year, up from $2.9 million in 2013.
ICM Inc. is pleased to announce that Redfield Energy LLC has purchased ICM's patent-pending Selective Milling Technology and patent-pending Fiber Separation Technology for their Redfield, South Dakota, ethanol plant.
Archer Daniels Midland Co. reported adjusted earnings per share for the calendar year 2014 of $3.20, up 37 percent compared to the prior year. That was in spite of total revenues being down from the previous year at $81.2 billion.
On Feb. 4, Rep. Bob Goodlatte, R-Va., announced the introduction of two bills that aim to alter the renewable fuel standard (RFS), including the RFS Elimination Act, H.R. 703, and the RFS Reform Act, H.R. 704.
The Ohio Corn Marketing Program, in partnership with the American Lung Association of the Upper Midwest and the American Lung Association of the Midland States has announced a new grant funding opportunity to expand ethanol infrastructure.
Indiana University biologists believe they have found a faster, cheaper and cleaner way to increase bioethanol production by using nitrogen gas, the most abundant gas in Earth's atmosphere, in place of more costly industrial fertilizers.
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