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Protec Fuel announces opening of E15 station in southern Florida

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By Protec Fuel

January 21, 2015

Business Markets 

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.

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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.

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The February issue of Ethanol Producer Magazine has an exports theme and includes stories about trade missions overseas to build global markets for U.S. ethanol as well as the biggest export markets for U.S. DDGS and ethanol, writes Tom Bryan.

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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.

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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.

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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.

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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.

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Year-end U.S. fuel ethanol exports are expected to exceed 800 million gallons, second only to the record-breaking 1.19 billion gallons exported in 2011.

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Hats Off to the American Farmer

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By Mike Bryan

January 20, 2015

Agriculture has been one of the greatest success stories, writes Mike Bryan of BBI International. And, through the ethanol industry, the ag industry has has played a role in reducing our dependence on foreign oil and improving our environment.

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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.

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Commodities: USDA report contains some surprises

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By Jason Sagebiel, FCStone

January 20, 2015

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.

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GRFA applauds FOA director-general for statement on biofuels

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By Global Renewable Fuels Alliance

January 20, 2015

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.

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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.

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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.

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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.

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Predictive computer models have their place, writes Bob Dinneen of the RFA, but where concrete real-world data and observations exist, they should take precedence. Sound policymaking and regulation must be grounded in reality, not hypothetical fancy.

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Ethanol producers that aren't selling E85 direct to area gas retailers should seriously think about it, according to producers with direct-sales programs in place.

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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.

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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.

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After halting distillers grains imports late last year, the world's top DDGS buyer is poised to resume business, but on what terms?

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Trade missions set out to identify opportunities and constraints in ethanol export markets.

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AMCM Motor Club and affiliated company Travelers Motor Club have been supportive of E15 and the ethanol industry. Why hasn't that translated into more people dumping AAA and take advantage of the other club's biofuels discount?

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2015 – The Year of E15

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By Tom Buis

January 16, 2015

E15 is available at more than 100 stations in 15 states and it's only a matter of time before E15 is offered in every state in the nation, writes Tom Buis of Growth Energy. The industry got to that point by working together.

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Sens. Dianne Feinstein, D-Calif., and Pat Toomey, R-Pa., have attached an amendment that would eliminate corn ethanol from the renewable fuel standard (RFS) to the Keystone bill that is currently before the U.S. Senate.

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Penford Corp. has released financial results for the first quarter of fiscal 2015, reporting its industrial ingredients division reported sequential improvements for the past five quarters in gross margin and operating income.

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Volkwagen Gol sets shining example for flex-fuel vehicles, running on any blend of ethanol up to E100 in Brazil.

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The U.S. EPA has extended the deadline to respond to its notice requesting substantiations of confidentiality claims from businesses that have submitted reports and transactional information on the renewable fuels standard (RFS) through Jan. 23.

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Renewable identification number (RIN) generation data released by the U.S. EPA shows that the statutory 2014 renewable fuel standard (RFS) requirements established by Congress in 2007 could have easily been met.

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The U.S. EPA has released renewable identification number (RIN) generation data for December, reporting that more than 8.53 million cellulosic RINs were generated during the month, bringing the total for 2014 to 33.01 million.

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Brazilian doctoral candidate wins NEC scholarship

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By Renewable Fuels Association

January 15, 2015

The Renewable Fuels Association and Renewable Fuels Foundation are proud to announce Lais Thomaz as the winner of a student scholarship that will send her to the 20th annual National Ethanol Conference next month in Grapevine, Texas.

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