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China New Energy to acquire BAPP Ethanol Holdings

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By China New Energy

December 19, 2013

Business Markets 

The Board of China New Energy announced it has entered into a memorandum of understanding (MOU) to acquire BAPP Ethanol Holdings Ltd., a wholly owned subsidiary of Sino Distillery Group Ltd.

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Senate Finance Committee Chairman Max Baucus, D-Mont., has released a discussion draft of legislation that aims to overhaul U.S. energy tax incentives by creating technology-neutral incentives for clean electricity and clean transportation fuels.

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A group of 24 senators, led by Sen. Ed Markey, D-Mass., issued a letter to leaders of the Senate Committee on Finance on Dec. 16 calling for support of programs that spur investment in the clean energy sector.

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Sweetwater Energy Inc. and Pacific Ethanol Inc. announced an agreement to supply sugars for the production of cellulosic ethanol. The agreement supports the construction of a cellulosic biorefinery at Pacific Ethanol's Stockton, Calif., plant.

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Elected officials in Iowa are urging the federal government to host a hearing on the renewable fuels standard (RFS) in Iowa, giving government leaders the opportunity to hear directly from Midwesterners how their businesses will be affected.

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Congress has adjourned for the year, leaving the Farm Bill unfinished. Lawmakers are expected to take up the legislation in January, and Sen. Thad Cochran, R-Miss., ranking Republican on the Senate Agriculture Committee, said progress is being made.

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Just Energy Group Inc. is recently announced that it has entered into a share purchase agreement pursuant to which it has agreed to sell all of the issued and outstanding shares of Terra Grain Fuels Inc., an ethanol producer located in Saskatchewan.

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On Dec. 12, Rep. Scott Peters, D-Calif., introduced two bills that would benefit the biofuels industry. One aims to extend the second generation biofuel producer credit and the special allowance for second generation biofuel plant property.

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What, if anything, will incentivize automakers to produce FFVs in the U.S. if and when corporate average fuel economy (CAFE) credits fade after model year 2016?

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ICM Inc. has announced that IGPC Ethanol Inc. of Ontario, Canada, signed a letter of intent to be the first Canadian adopter of ICM's Generation 1.5 technology, which will enable the plant to produce corn fiber cellulosic ethanol.

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The U.S. Patent and Trademark Office has issued U.S. Patent No. 8,597,914 to Proterro Inc., protecting its unique, biosynthetic sugar-making process. The company's technology features microorganisms that produce sugar in modular photobioreactors.

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The government of Spain recently filed a report on ethanol with the USDA Foreign Agricultural Service's Global Information Network. The report addresses Spanish policy, production, and supply and demand data.

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The European Investment Bank is providing a loan to support the research and development projects of Biochemtex, an engineering subsidiary of the Mossi and Ghisolfi Group. The research will include both biofuel and biobased chemical products.

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Some shale gas plays not currently economic

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By Ben Straus, U.S. Energy Services

December 12, 2013

The ability to access energy from shale will drive down the cost of production for American industries. In the case of natural gas, however, the story is always complicated below the surface, and the rate of production has slowed.

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Mascoma Corp., a leading provider of bioconversion technology, has announced that its consolidated bioprocessing technology (CBP) has been used to produce over 1 billion gallons of renewable fuel. This achievement is a key commercial milestone.

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Corn market lackluster in November, but cash market strong

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By Jason Sagebiel, INTL FCStone Inc.

December 11, 2013

The month of November exhibited a lackluster market with a highly anticipated report due to the missed October USDA report. It offered a slightly bullish tone because some data reported was friendly relative to what the trade was expecting.

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The iconic variability-reduction system developed by Motorola in the 1980s is helping several U.S. ethanol plants and industry service providers boost operational performance and improve their bottom line results.

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The U.S. Senate Committee on Environment & Public Works held a hearing Dec. 11 to consider the U.S. EPA's proposed rule to set 2014 volume requirements under the renewable fuel standard. The hearing featured testimony from several stakeholders.

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Murphy USA opens first Arkansas E15 station

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By Renewable Fuels Association

December 11, 2013

Murphy USA opened the first E15 (15 percent ethanol, 85 percent gasoline) station in Arkansas on Dec. 11. There are now more than 60 stations in 12 states registered to offer the higher level fuel blend.

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The Hatfields and McCoys

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By Mike Bryan

December 11, 2013

There will come a time when Big Oil and the ethanol industry come together and realize that the feud that has now gone on for nearly 30 years must come to an end. Until that time, the fight goes on.

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A study published by Agra CEAS Consulting shows that an uncertain policy environment in Europe is negatively impacting investment in first- and second-generation biofuels. Without additional investment, the E.U. is likely to miss its biofuel targets.

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The U.S. Energy Information Administration has released the December issue of its Short-Term Energy Outlook, maintaining the prior month's prediction that ethanol production will average 900,000 barrels per day in 2014.

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Novozymes and Monsanto Co. have announced a long-term strategic alliance to transform research and commercialization of sustainable microbial products that will provide a new platform of solutions for growers around the world.

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It is widely speculated that the EPA's proposed 2014 renewable volume obligations has rattled investor confidence in advanced biofuels, dampened retailer interest in E15 and E85, and placed added downward pressure on already low corn prices.

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Rex American Resources Corp. has released its financial results for the third quarter of 2013, reporting a gross profit increase of 386 percent compared to the same period of last year. The company holds ownership interest in seven ethanol plants.

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In an effort to increase awareness and understanding of the biofuels industry among both individuals and state and federal legislators, Patriot Renewable Fuels recently held a renewable fuel standard (RFS) roundtable and rally.

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The negative agricultural impact of the U.S. EPA's proposal to lower the 2014 Renewable Fuel Standard targets was the subject of a teleconference hosted by the Renewable Fuels Association.

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The Oshkosh, Wis.-based Fox River Valley Ethanol plant has resumed operations. Ace Ethanol LLC purchased the 52 MMgy plant from Utica Energy LLC in August. The facility had been idle since September 2012.

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Enerkem has announced that commissioning is gradually beginning at its full-scale municipal waste-to-biofuels and chemicals facility in Edmonton. This update was shared by Enerkem CEO Vincent Chornet at the Canadian Renewable Fuels Summit.

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Biochemtex to locate cellulosic biofuel plant in N.C.

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By Gov. Pat McCrory’s office

December 02, 2013

N.C. Gov. Pat McCrory and N.C. Commerce Secretary Sharon Decker have announced that Biochemtex will be locating its new cellulosic biofuels production operations in Sampson County, N.C., operating in the state as Carolina Cellulosic Biofuels.

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