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By Staff

February 18, 2014

Business 

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Chris Standlee, executive vice President at Abengoa Bioenergy New Technologies, began his remarks at the National Ethanol Conference by stating, "I'm thrilled to be able to say that this is the pivotal year in advanced ethanol production."

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Keep your word

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By Tom Bryan and Tim Portz

February 18, 2014

In a month, none of the 1,000 ethanol industry professionals gathered in Orlando for the 2014 National Ethanol Conference will remember the event's official motto, but they will recall Bob Dinneen's impassioned directive to "Keep your word."

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A provocative 45-minute discourse between ethanol industry leaders from the United States, Canada, Brazil, India and Europe grew heated over standing disagreements about the European Union's import duty on U.S. ethanol.

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RFA unveils 2014 industry outlook and pocket guide

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By Renewable Fuels Association

February 18, 2014

The Renewable Fuels Association released its annual 2014 Ethanol Industry Outlook and 2014 Pocket Guide to Ethanol providing an in-depth look at the current state of the ethanol industry at the National Ethanol Conference in Orlando, Fla.

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The U.S. Patent Office has issued a notice of allowance to Valicor Inc. and James Robert Bleyer for its invention titled, "Process and Method for improving water reuse, energy efficiency, fermentation and products of an ethanol fermentation plant."

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Bunge Ltd. released its 2013 financial results, reporting a loss of $34 million for its sugar and bioenergy segment, an improvement over the $118 million loss the reported in 2012. Overall, the company reported net sales of $61.347 billion for 2012.

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The ethanol industry is gathering in Florida this week with both excitement and a healthy level of concern. We'll all be listening closely when RFA President and CEO Bob Dinneen gives his annual “State of the Industry Address� Tuesday morning.

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EPM's corn-focused March issue examines the potential impact of a lower-than-statutory 2014 RVO on corn prices, the rising costs of corn farming, futuristic visions of super-high-yield corn, and one U.S. ethanol producer's corn storage strategy.

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In the fall of 2012, Green Plains Renewable Energy, sold 83 percent of its grain storage capacity. The move freed up capital, enabling the company to acquire more ethanol plants and make a big move toward outdoor corn storage. It's paying off.

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Don't Fix What's Not Broke

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By Robert Vierhout

February 16, 2014

An important lesson should be learned from the ILUC discussion: the perfect should not be the enemy of the good. It's not too late. The Commission can still pick winners by backing those biofuels, like EU ethanol, which are truly sustainable.

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With improved crop science and farming practices, today's award-winning corn yields may become tomorrow's average. Increasing yields spurs innovation and new investment across the agriculture industry. In the end, 'everyone is a winner.'

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Pursuing an unregistered capital raise using advertising and general solicitation may require additional steps in order to comply with SEC regulations, but it may provide a company access to investors that were previously unavailable.

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Curtailing ethanol blending this year may have a moderate effect on near-term corn prices, while broader, long-term consequences loom. Observers think the EPA will ultimately set the RVO above 13 billion gallons. How far above 13 no one knows.

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The ethanol industry has made a compelling case to help the EPA come to its senses. We'll see a final RFS rule for 2014 very soon, and we'll determine what steps are necessary to preserve it for consumer choice once the agency's decision is final.

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The DGTC board of directors has now asked me to serve as the next CEO and executive director. It is an honor to carry on this long-standing legacy. Yes, much work has been done over the past several decades, but much more work must be done.

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The U.K. Department of Energy and Climate Change has published updated statistics on its renewable transport fuel obligation for the full 2012-'13 compliance year and a portion of the current compliance year, which ends on April 14.

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Corn's value has retreated, but the costs of fertilizer, seed, land and machinery remain high. Have inflated expenses reset the break even point for American growers?

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2014: The Year of E15

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By Tom Buis

February 14, 2014

Big Oil knows its arguments are falling flat, and is now trying to change the topic, misleading consumers by making false claims such as ethanol causes engine failure in extreme cold weather and implying that 'misfueling' is a major consumer risk.

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We can beat Big Oil, but as we move ahead, part of the go-forward strategy, even at this late date, has to be to a stronger emphasis on selling the merits of ethanol to the public. If we are going to win the war, we need more than just farmers.

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NCGA's ethanol committee meets in Detroit

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By National Corn Growers Association

February 13, 2014

The National Corn Growers Association's Ethanol Committee met last week in Detroit, Mich., to discuss everything from the latest research on ethanol use in small engines to growing opportunities for distiller's grains.

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The Railway Supply Institute Committee on Tank Cars has called on the U.S. Department of Transportation to consider several new safety measures for tank cars carrying crude oil and ethanol.

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Ron Beemiller, president and CEO of WB Services LLC, has announced the launch of a Clean Energy Scholarship Program. The purpose of the scholarship is to promote the study and ultimately a career in the field of renewable fuels.

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The Andersons Inc. has released financial results for the fourth quarter and full year results for 2013, reporting record operating income of $50.6 million for the company's ethanol group. In 2012, the group reported a $3.7 million loss.

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Natural gas prices have pushed up above $4.50 for the prompt NYMEX contract. That will be sufficient to limit natural gas consumption for power generation, but the demand reduction from fuel switching may also not be enough to rebuild inventories.

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The days of distillers grains being 140 percent the value of corn are behind us, at least near-term. With the Chinese New Year upon us, it is not clear how quickly we will get a resolution on China's intentions. Whatever happens will impact 2014.

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The biggest factor in ethanol markets will be projections of corn planting and building strength in the economy. Any economic strength seen through the first quarter is expected to result in increased gasoline demand, sparking higher ethanol usage.

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ADM invests in Rennovia

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By Archer Daniels Midland Co.

February 11, 2014

Archer Daniels Midland Co. has committed to a $25 million equity investment in Rennovia Inc., privately held company that develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks.

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The U.S. Energy Information Administration has revised its forecast for 2014 ethanol production in its February Short-Term Energy Outlook. The EIA now predicts the U.S. ethanol industry will produce an average of 908,000 barrels per day this year.

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An ethanol-fueled vehicle designed by a team of students from Thailand earned the top place at the Shell Eco-marathon Asia 2014. Team "How Much Ethanol" from Panjavidhya Technological College Thailand drove 2,730 kilometers on a 1 liter of ethanol.

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