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Murphy USDA Inc. has released second quarter financial results, reporting that its ethanol plant in Hereford, Texas, achieved record yields during the quarter and first six months of the year. The improved yields partially offset crush spreads.
Aemetis Inc. has released second quarter financial results, reporting revenues of $38.1 million, down from $57.2 million during the same period of 2014. Net loss was $6.3 million, compared to a net income of $2.7 million for the same quarter of 2014.
This Saturday marks 10 years since the Energy Policy Act of 2005 containing the original renewable fuel standard (RFS) was signed into law. The Renewable Fuels Association has compiled a report examining the impact of the RFS over the past decade.
The Andersons Inc. reported solid results for the second quarter with net income of $31.1 million, or $1.09 per diluted shared. Last year's Q2 net income was $44.3 million, or $1.56 per diluted share.
On Aug. 6, Novozymes released its interim report for the first half of 2015, reporting that sales to the bioenergy industry were up by 2 percent organically compared with the first half of 2014, however, overall, sales growth slowed in bioenergy.
The USDA recently published the August edition of its Grain Crushings and Co-Products Production report, noting total corn consumed for alcohol and other uses was 493.1 million bushels in June. Corn for fuel alcohol was 440.8 million bushels.
Nebraska Gov. Pete Ricketts and Iowa Gov. Terry Branstad has jointly announced the launch of a statewide pump labeling initiative to promote the American Ethanol brand, which will provide nationwide consistency in pump labeling for ethanol blends.
The USDA recently opened a public comment period on a preliminary plant pest risk assessment and draft environmental assessment for maize designated as event MON 87403, a Monsanto corn that has been genetically engineered for increased ear biomass.
Pacific Ag has announced $7 million investment from Advantage Capital Agribusiness Partners LP. The capital will enable Pacific Ag to accelerate the expansion of its operations through acquisitions, technology, equipment, sales and marketing.
The Clean Power Plan rule acknowledges for the first time the value of carbon utilization, the cornerstone of Algenol's Direct-to-Ethanol technology, as a method for utilities to reduce emissions from electricity production.
UNICA, the Brazilian sugarcane industry association, has reported that mills in the country's south-central region continued to prioritize ethanol production during the first half of July. Rains, however, disrupted harvest activities.
Continuing its four-year tradition, the Renewable Fuels Association will be on hand to provide free E10 fill-ups for bikers during the annual motorcycle rally held in Sturgis, South Dakota, Aug. 2 through Aug. 6.
Gevo Inc. has released second quarter financial results, reporting revenue of $8.9 million, up from $7.7 million during the same period of 2014. The net loss was $17.8 million, compared to $17.2 million during second quarter of last year.
Archer Daniels Midland Inc. reported adjusted earnings per share of 60 cents for the quarter ended June 30, down from 79 cents in the same period last year. Adjusted segment operating profit was $724 million, down 13 percent.
The American Automobile Association comments on the U.S. EPA's renewable fuel standard (RFS) proposed rule show its ignorance on issues when it comes to the importance of consumer choice, American jobs and homegrown fuel.
The Renewable Fuels Association announces that it will partner with the Sangamon Valley Local Emergency Planning Committee as well as the Springfield and Taylorville Fire Departments in Illinois to hold two free Ethanol Safety Seminars on Aug. 10.
Abengoa has released half year financial results, reporting revenues of EUR 3.39 billion ($3.71 billion), up 3 percent when compared to the first six months of the prior year. EBITDA increased by 9 percent, reaching EUR 650 million.
Alan Tiemann, a farmer from Nebraska, was recently elected as U.S. Grains Council chairman during the organization's 55th Annual Board of Delegates Meeting in Montreal, Canada. He has spent more than 35 years in production agriculture.
The Renewable Fuels Association has applauded a decision by the U.S. EPA to recalculate ethanol export estimates for 2014. In a memorandum, EPA said that it made an error in determining the 2014 available supply of renewable identification numbers.
In late July, several pieces of legislation were introduced that aim to impact the biorefining industry. Two of the bills aim to benefit bioenergy technologies, while a third would limit the U.S. EPA's ability to set cellulosic mandates.
The U.S. Department of Energy has announced it is soliciting applications for up to $4 billion in loan guarantees to support renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.
Growth Energy has announced that CEO Tom Buis has been named as co-chairman of the organization's board of directors. He will continue overseeing the day-to-day operations of the organization until a new CEO has been appointed.
On July 29, the Federal Railroad Administration issued a final rule to prevent unattended trains that carry crude, ethanol, poisonous by inhalation (PIH), toxic by inhalation (TIH), and other highly flammable contents from rolling away.
An ethanol export promotion strategy developed in consultation with industry partners and the USDA was presented to U.S. Grains Council members from throughout the grains sector at USGC's 55th Annual Board of Delegates Meeting.
Argonne National Laboratory recently teamed with industry to investigate alternative fuels for recreational marine applications. Research has demonstrated the safety and effectiveness of a blend of fuel that includes 16 percent butanol.
Gevo Inc. has announced that Express Lube of Fredericksburg, Texas, is the first U.S. service station to sell gasoline blended with Gevo's renewable isobutanol at the pump. Express Lube has been selling the fuel at over a 50 percent premium to E10.
Pacific Ethanol Inc. has released second quarter financial results, reporting the company sold a record 140.7 million gallons of ethanol during the three-month period. Net sales were $277.6 million and gross profit was $6.3 million.
A team of Canadian buyers and end-users of U.S. distillers dried grains with solubles (DDGS) recently visited the United States on a learning journey cosponsored by the U.S. Grains Council and the Corn Marketing Program of Michigan.
Pacific Ethanol Inc. has begun commercial production of corn oil utilizing Valicor's corn oil recovery system at its Columbia ethanol plant located in Boardman, Oregon. All four of the western Pacific Ethanol plants are now producing the coproduct.
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