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Aemetis reports steady improvement in US ethanol business

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By Aemetis Inc.

November 05, 2015

Business 

Aemetis reports Q3 operating loss of $1.9 million, compared to $4.6 million operating income of $4.6 in 2014. Selling, general and administrative expenses in 2015 were down, driven by improved efficiencies, lower spending.

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Green Plains announced that, despite a tight margin environment, its net income for the third quarter was $6.2 million, or 16 cents per diluted share. The third quarter of last year had a net income of $41.7 million, or $1.03 per diluted share.

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Companies across the United States, are signing on with their support for the American Business Act on Climate Pledge, including at least 11 with ties to the biofuel industry.

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The Deinove, Flint Hills research projects targets the production of ingredients for animal feed using Deinococcus bacteria and raw material provided by Flint Hills. Over the next 17 months, Deinove will screen its library of 6,000 strains.

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Factors that contributed to a decline in ADM third quarter profits include weak ethanol industry margins and a large South American crop that combined with a strong U.S. dollar to reduce North American exports.

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Galva, Iowa Republican presidential candidate and former U.S. Sen. Rick Santorum visited the site of the first commercial cellulosic ethanol production in the state of Iowa at Quad County Corn Processors (QCCP) Oct. 30.

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Green Plains will acquire the 100 MMgy Hereford Renewable Energy from Murphy USA for $93.8 million. The Texas plant is located near the largest concentration of cattle in the world, facilitating a low carbon footprint for its ethanol production.

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Multiple ethanol industry groups have found success with sharing information freely, rather than trying to be the best and keeping everything they do a big secret. Could this strategy be applied even more widely than it already is?

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Valero Energy Corp. reported overall third quarter net income of $1.4 billion, or $2.79 per share. The ethanol segment generated Q3 operating income of $35 million, compared to $198 million in Q3 a year ago.

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Vertimass LLC recently announced the completion of the technology validation that verifies the initial process design and preliminary cost information for a new award of $2 million by the U.S. Department of Energy's Bioenergy Technology Office.

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BDI-BioEnergy Int'l and Brau Union Osterreich, part of the Heineken family, celebrated the opening of a new spent-grain fermentation plant at the Goss Brewery in Austria, the last milestone in a series of efforts to make the plant carbon-neutral.

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Ethanol prices finding trading range

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By Rick Kment, DTN

October 28, 2015

Through Q4, the ethanol market seems to be confined to a 10-cent trading range. It's trapped, not only by a range-bound corn market and a supply-burdened crude oil market which has pivoted around the $45 per barrel price level.

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Algenol is sharpening its focus on advancing its technology for commercial readiness.

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Poet is installing fitness equipment at its plants. The corporate office in Sioux Falls, South Dakota, has a state-of-the-art fitness center and Poet officials wanted employees at its 28 plants also to have ready access to fitness equipment.

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Green Plains Inc.today announced that it has acquired an ethanol production facility in Hopewell, Virginia, from Future Fuels LLP. It will increase the company's annual production capacity to nearly 1.1 billion gallons per year.

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Two things jumped out at me, this morning, when I went through my emails. Both were feel-good stories showing positive things happening in the ethanol industry. Not bad for a Monday morning.

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Novozymes net profit grew by 11 percent in the first three quarters of 2015, according to a company report. Free cash flow before acquisitions was $2.022 billion ($2.9 billion), Novozymes said.

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Ethanol plants tap into vibration, ultrasound, infrared and laser technologies. This article appears in the November issue of EPM.

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Have you met Colonel Korn? How about Andy and Sandy? The Nebraska Ethanol Board is happy to make the introductions.

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Forty DuPont employees signed a letter sent recently to Sen. Pat Tommey, R-Penn., making it clear they oppose his efforts to modify the renewable fuel standard (RFS) in any way.

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FFA helps build next-gen leaders

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By Tom Buis

October 16, 2015

FFA is shaping the future farmers of America as well as future chemists, engineers and biofuel producers of America, writes Tom Buis, adding that Growth Energy now has a partnership with FFA. This column appears in the November issue of EPM.

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DuPont Industrial Biosciences (DuPont) and Quad County Corn Processors (QCCP) announced a new multi-year contract to supply the enzymes that enable QCCP's trademarked Cellerate process in the production of cellulosic biofuel from corn kernel fiber.

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The Renewable Fuels Association announced today that the National Ethanol Conference has been selected to participate in the U.S. Department of Commerce's International Buyer Program. It is the first time the NEC has participated in the program.

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Almost a decade ago, ethanol industry maintenance managers started a movement, banding together to help individual plants become stronger as a whole. This article appears in the November issue of EPM.

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Poet Biorefining in Chancellor, S.D., is currently powering its plant with wood waste from Spencer, Iowa. The facility installed a solid fuel boiler in 2006 to offset the cost of fossil fuel and has natural gas as a back-up energy source.

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For two decades, ICM has adapted with the changing times, bringing technology solutions to the ethanol industry. This article is titled "Designs on Success" in the November issue of EPM.

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Bad decisions by a few Volkswagen automotive engineers and managers are likely to affect ethanol plants and other industrial operations with air permits, writes James L. Pray. This column appears in the November issue of EPM.

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After receiving court approval, REG Synthetic Fuels is purchasing certain equipment from the bankrupt KiOR cellulosic gasoline and diesel plant in Mississippi, including a 12-million gallon hydrotreating unit, distillation column and tankage.

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Three Valero ethanol plants and a Michigan plant join the club of ethanol producers achieving greenhouse gas reductions of 20 percent or better, when compared to the baseline gasoline used in the renewable fuels standard.

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Cars have been streaming into NuVu Fuels in Ionia, Michigan, this week. The new c-store, which sells blended fuels and locally-grown food, is seven miles from Carbon Green Green Bioenergy LLC, which provides the ethanol.

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