The Andersons Inc. recently released second quarter financial results, reporting its ethanol group earned $4.7 million of pretax income attributable to the company despite weaker year-over-year margins.
Gevo Inc. has released second quarter financial results, reporting its Luverne, Minnesota, biorefinery exclusively produced ethanol during the period. The facility is expected to transition to isobutanol production following a future expansion.
Green Plains Inc. recently released second quarter financial results, reporting it idled approximately 50 million gallons of production capacity during the quarter due to low margins, increased corn prices and other factors.
On Aug. 3, Pacific Ethanol Inc. released second quarter financial results, providing an update of plant improvement projects and reporting improving market conditions and margins moving into the third quarter.
On Aug. 1, Archer Daniels Midland Co. released second quarter financial results, reporting improved ethanol margins. During an investor call, the company also announced plans to reconfigure an ethanol plant in Illinois.
Valero reports that adjusted operating income for its ethanol segment was $31 million in the second quarter of 2017, down from $49 million in the second quarter of 2016. Ethanol production averages 3.8 million gallons per day in 2017.
Tom Bryan, president and editor in chief of Ethanol Producer Magazine, discusses the U.S. EPA's recent RFS rule, the cellulosic biofuels industry, and the 2017 International Fuel Ethanol Workshop & Expo.
The U.S. EPA has released renewable identification number (RIN) data for June, reporting 1.7 billion RINs were generated during the month, including 22.94 million cellulosic RINs. The EPA estimates 9.29 billion RINs were generated so far this year.
Global bioethanol producer CropEnergies has increased its production by 38 percent in the first quarter of 2017, based on sales of bioethanol, food and animal feed products, as well as the reopening of a plant in Wilton, United Kingdom.
Glacial Lakes Energy is celebrating 15 years of operations at its 100 MMgy ethanol plant in Watertown, South Dakota, where it recently opened a unit train shipping facility. The company also operates a second 100 MMgy plant in Mina, South Dakota.
UNICA, the Brazilian sugarcane industry association, has announced ethanol production in the country's south-central region reached 1.78 billion liters (470.23 million gallons) during the second half of June.
Thailand reduced its renewable and alternative energy target for 2036 by 37 percent as it grapples with uncertainty in molasses and cassava feedstock production.
Indonesia's Ministry of Energy and Mineral Resources says it would like to implement fuel ethanol production incentives, but is unable to fund them. Indonesia expects to produce 205 million liters of nonfuel ethanol from molasses in 2017 and 2018.
Siouxland Ethanol reports a 17.8 percent reduction in natural gas use during its first month using MSW Consulting Inc.'s energy recovery system (MER), which recovers low-quality energy from dryer exhaust and transforms it into steam energy.
The USDA recently published the July edition of its Grain Crushings and Co-Products Production report, showing corn consumed for fuel alcohol production reached 452 million bushels in May, up 3 percent from April and 6 percent from May 2016.
UNICA, the Brazilian sugarcane industry association, recently announced mills in the south-central region produced 5.81 billion liters (1.53 billion gallons) from the start of the current harvest season through June 16.
Fuel ethanol production capacity in the U.S. reached 15.5 billion gallons per year, or 1.01 million barrels per day, at the beginning of 2017, according to the U.S. Energy Information Administration.
Xylogenics Inc. has released a new strain design for its patented GX-1 yeast and fermentation process. The company said it has performed more than 10,000 commercial lab-scale fermentations with the new yeast design.
L&T Hydrocarbon Engineering in Mumbai is partnering with the Institute of Chemical Technology Mumbai to build second-generation ethanol plants across India.
FROM THE JULY ISSUE: Time will tell how President Trump's exit from the Paris Climate Accord will affect the U.S. ethanol industry, which is banking on foreign demand for its low-carbon, high-octane fuel to grow.
Germany-based CropEnergies AG released first quarter financial results, reporting increased revenues and results when compared to the same period of last year. The improved results are primarily attributed to increased utilization of its plants.
The U.S. EPA has released renewable identification number (RIN) generation data for May, reporting more than 1.66 billion RINs were generated during the month, including nearly 21.98 million cellulosic RINs.
FROM THE JULY ISSUE: Access to additional markets and plant efficiencies give bottom-line significance and meaning to the often-generalized term—sustainability.
FROM THE JULY ISSUE: Farmers continuously implement new environmentally friendly techniques to raise their crops.
Geoff Cooper received the High Octane Award and Dennis Bayrock was recognized with the Award of Excellence during the the 2017 International Fuel Ethanol Workshop & Expo. Two Kathy Bryan Memorial Scholarship recipients were also named.
Bob Dinneen, president and CEO of the Renewable Fuels Association, told attendees of the International Fuel Ethanol Workshop & Expo that the industry needs to work to increase ethanol demand. It'll be driven by the Renewable Fuel Standard, he said.
Kristy Moore, principal for KMoore Consulting, was live via Skype from Mexico during the Exports Update general session panel at the International Fuel Ethanol Workshop & Expo in Minneapolis. Mexico recently announced it will allow E10 blends.
FROM THE JULY ISSUE: Is it the right time for ethanol producers to consider going solar?
FROM THE JULY ISSUE: The American Coalition for Ethanol's annual conference is coming up Aug. 15 to 17 in Omaha.
FROM THE JULY ISSUE: Having captured the low-hanging fruit, debottlenecking and plant optimizations begin a second round.
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