Archive for February, 2008
Next Entries »Andersons, Marathon Ohio Ethanol Plant Begins Production
Submitted by DTN Ethanol Center
WARWICK, N.Y. (DTN) — The Andersons, Inc. and Marathon Oil Corp. jointly announced in a news release that production has begun at their 110-million-gallon ethanol production plant in Greenville, Ohio. Construction on the facility began in November 2006.
“Marathon has been blending ethanol fuels for more than 15 years and is among [...]
BioEnergy Closes Financing for Pennsylvania Ethanol Plant
Submitted by DTN Ethanol Center
OAKHURST, N.J. (DTN) –- BioEnergy International, LLC, said in a news release that it has closed $201 million in financing for the Bionol Clearfield, LLC 100-million-gallon-per-year corn ethanol production plant beginning construction in Clearfield, Pa.
“With the launch of the Clearfield Project, we have created a model of sustainability with partners Getty [...]
Ethanex Inks Agreement to Acquire Nebraska Ethanol Plant
Submitted by DTN Ethanol Center
WARWICK, N.Y. (DTN) — Ethanex Energy said in a news release that it has inked a definitive agreement to acquire Midwest Renewable Energy’s 26-million-gallon-per-year ethanol production plant in Sutherland, Neb., for $220.0 million in cash and Ethanex stock. Under the agreement, several newly formed, wholly owned subsidiaries of Ethanex will acquire [...]
NBB Taskforce to Support Sustainable Biodiesel Feedstock
Submitted by DTN Ethanol Center
WARWICK, N.Y. (DTN) — The National Biodiesel Board said in a news release that is has appointed a taskforce that will look into ways the NBB can support efforts to ensure that biodiesel fuel produced and sold in the United States is from sustainable resources.
Additionally, the NBB has feedstock development programs [...]
O2Diesel Receives Notice of Non-Compliance, Initiation of Stock Delisting
Submitted by DTN Ethanol Center
OMAHA (DTN) — O2Diesel Corp. received notice that following a review of the company’s latest filings, the American Stock Exchange determined that the company has failed to make progress consistent with its previously approved plan of compliance largely due to the deferral of the ProEco transaction, according to a news release [...]
Today in Biofuels: Scientists send letters to Bush, Pelosi over Science magazine articles; Malaysia’s $103 billion renewables investment plan; two-year study gives thumbs up to B100 on power, performance
Submitted by Biofuels Digest
Top Story:
A group of scientists have sent a letter to US President George Bush and House Speaker Nancy Pelosi urging them to revise US biofuels policies in light of studies published this month in Science magazine.
Meanwhile, American Progress published a thoughtful interview with Alex Farrell, associate professor in the Energy and Resources [...]
Today in Biofuels: “We owe a debt of gratitude”, Science article responses flow in; Argentine biodiesel exports set to jump 300 percent; new product increases ethanol efficiency 50 percent
Submitted by Biofuels Digest
Top Story:Nathanael Green, senior policy analyst with the National Resources Defense Council, offered the most thoughtful analysis to date of two articles that appeared in Science magazine that have received sensational coverage in the New York Times, Wall Street Journal, NPR and other major media.
“Do yesterday’s Science articles mean that all biofuels [...]
Sustainable Power Corp. and Farmers Sustainable Energy International Execute Definitive Joint Venture Agreement; Sustainable Power Corp. Receives Additional $100,000 Deposit
Submitted by Biofuels Digest
NATCHEZ, MS — (BIOFUELS DIGEST NEWSWIRE) – 02/06/08 — Sustainable Power Corp. (PINKSHEETS: SSTP) today announced it has signed a definitive Joint Venture agreement and it has received an additional $100,000 from Farmers Sustainable Energy International (FSEINT) located in Quincy, Illinois. The entities had previously executed a Memorandum of Understanding (”MOU”) announced [...]
Today in Biofuels: Emission study authors say biofuels OK from perennials, waste, abandoned lands; US, EU, Brazil one step from global ethanol standard; fossil fuels are driving grain price increases
Submitted by Biofuels Digest
Top Story:The University of Minnesota researchers who started a global controversy over biofuels emissions with an article in Science magazine that has been reprinted and discussed around the globe, said that biofuels would be OK as practiced in….Minnesota.
The researchers said that land conversions would run up a carbon debt mitigated only after [...]
Focus on Fuels 2-11-08
Submitted by DTN Ethanol Center
Energy Traders Face Dangerous Markets
By Gary Wilhelmi
DTN’s Man on the Floor of the CBOT, CME
The energy markets had a trauma-center atmosphere when crude oil near $100 per barrel brought fears of a damaging rate of inflation, which threatened the core of the global economy. That has now reversed as crude dropped [...]
Today in Biofuels: Do biofuels increase greenhouse gases by 93 percent?; Boeing says airlines will use 2G biofuels by 2013; E85 usage in Iowa only 0.1 percent after 2 years of promotion
Submitted by Biofuels Digest
Top Story:
The 93 percent increase in greenhouse gases predicted in two articles in Science magazine has begun to generate response.
Bob Dineen, the executive director of the Renewable Fuels Association, said: “It is important that we all take a step back and reflect on why we must aggressively deal with climate change. It’s [...]
LiquidMaize to Move Ahead with Colorado Ethanol Facility
Submitted by DTN Ethanol Center
WARWICK, N.Y. (DTN) — LiquidMaize has received approval from the Colorado State Health Department for a tentative air permit that allows the company to proceed with the construction of a 15-million-gallon-per-year ethanol production plant in Prowers County, Colo., a company spokesman said. The facility will located at the Four States North [...]
Andersons 4Q07 Earnings Soar 70.3 Percent as Ethanol Sales Rise
Submitted by DTN Ethanol Center
WARWICK, N.Y. (DTN) — The Andersons, Inc. said in an earnings release that fourth quarter 2007 net income totaled $23.5 million, up $9.7 million or 70.3 percent from the same period in 2006. For the full year 2007, the company reported net income at a record $68.8 million, up $32.5 million, [...]
All Marathon Terminals to Have Ethanol Blending by June 1
Submitted by DTN Ethanol Center
CRANBURY, N.J. (DTN) — Gary Heminger, Marathon Corp. executive vice president and president of downstream operations, said the company expects to have 100 percent ethanol blending capacity at its terminals by June 1, up from 80 percent at the start of the year. Heminger made his comments in Vail, Colo., at [...]
Today in Biofuels; Vermont House passes marijuana-to-moonshine biofuel bill; study says corn ethanol increases greenhouse gases by 93 percent; UN says world on brink of “age of green economics”
Submitted by Biofuels Digest
Top Story:
U.N. Secretary-General Ban Ki-moon said that the world is “on the threshold of another (transformation) — the age of green economics,” and said that “Businesspeople in so many parts of the world are demanding clear and consistent policies on climate change — global policies for a global problem.” He called for [...]
Today in Biofuels: USDA issues upward revision in biodiesel net energy return; ethanol plant at Chernobyl to remove radioactive isotopes from soil; Nature Conservancy study says land conversion causes net carbon gain
Submitted by Biofuels Digest Blog
Top Story:
The US Department of Agriculture, in conjunction with researchers at the University of Idaho, released a new calculation of the energy balance of biodiesel. The new ratio, a net return of 3.5 units of energy for every unit of input, has been increased from 3.2 due to improvements in biodiesel [...]
Today in Biofuels: Brazil to certify sustainable ethanol; 72 percent of small producer biodiesel fails ASTM standards; US trade in renewable fuel credits jumps 2000 percent in Dec
Submitted by Biofuels Digest Blog
Top Story:
In Brazil, the national government will introduce an environmental certification for sustainable production of ethanol. The move is primarily aimed at exports to the EU, where questions have been raised about the environmental damages from Brazilian biofuels production.
Producer News:
In Iowa, members of the Great Lakes Cooperative approved a merger with [...]
Today in Biofuels: High-profile biodiesel start up chooses Texas, California; US ethanol glut looms as production soars; Europe to hit 20 percent biofuel capacity wall
Submitted by Biofuels Digest Blog
Top Story:
In California, notable start-up US BioDiesel, which raised $100 million last summer in a first round of financing, has chosen Seabrook, Texas and Stockton, California for its first 35 Mgy biodiesel plants. The Seabrook facility will open in this May alongside the Houston Ship Channel, while the second plant will [...]
Today in Biofuels: US, EU, Brazil near to common standards for biofuels; new process for bio-crude from Australia; India close to B20, Pakistan unready for ethanol
Submitted by Biofuels Digest Blog
Top Story:
The United States, Brazil and the European Union (EU) released their “White Paper on Internationally Compatible Biofuels Standards” that will pave the way towards a unified international standard for biodiesel and ethanol. An international committee found that 9 of 16 standards were “in alignment” while 6 could be be aligned [...]
Focus on Fuels 2-4-08
Submitted by DTN Ethanol Blog
When Capacity Outgrows Market, Then What?
By Gary Wilhelmi
DTN’s Man on the Floor of the CBOT, CME
It looks like the United States capacity for producing ethanol will reach about 13 billion gallons by the end of 2008. But the market for the product will be less than 12 billion gallons. So [...]
Today in Biofuels: 100,000 protesters jam Mexico City over corn tariffs; British Columbia aims for zero carbon by 2016; Iowa gets $12.7 billion biofuel windfall
Submitted by Biofuels Digest Blog
Top Story:
The National Biodiesel Conference and Expo will kickoff this weekend and continue throughout next week in Orlando. Last year’s conference attracted more than 3,800 attendees, and this year more than 300 companies will be exhibiting. Sessions on algae and other exotic feedstocks will complement the traditional NBB focus on soy-based [...]
