Archive for August, 2008

Former Valero President King Joins Range Fuels’ Board

Submitted by DTN Ethanol Blog

Range Fuels, Inc., a company focused on developing cellulosic ethanol, said in a news release that Greg King, president of private consulting company GCK Ventures, LLC and former president of Valero Energy, has joined the company’s Board of Directors.
EIA: US Ethanol Production Fell in June
Midwest Agriculture and Ethanol Industry Forms Coalition
Maryland [...]

EIA: US Ethanol Production Fell in June

Submitted by DTN Ethanol Blog

U.S. ethanol production for June fell by nearly 1 million bbl from the May level, while imports rose sharply, according to fresh data from the Energy Information Administration.
Midwest Agriculture and Ethanol Industry Forms Coalition
Maryland to Build New E85 Pumps for Fueling State Fleet
GreenHunter Biodiesel Refinery at 50% Production Capacity
Railroad Cos Buy [...]

Railroad Cos Buy into Ethanol

Submitted by DTN Ethanol Blog

In an era when critics question the U.S. ethanol industry’s long-term effect on the environment and its ability to develop and maintain markets without government subsidies, an ethanol hybrid locomotive has the potential to create a new market for the biofuel and help U.S. railroads meet emissions standards.
Focus on Fuels 8-25-08
Ethanol [...]

Railroad Cos Buy into Ethanol

Submitted by DTN Ethanol Blog

In an era when critics question the U.S. ethanol industry’s long-term effect on the environment and its ability to develop and maintain markets without government subsidies, an ethanol hybrid locomotive has the potential to create a new market for the biofuel and help U.S. railroads meet emissions standards.
Focus on Fuels 8-25-08
Ethanol [...]

Poet Forges Ahead with Cellulosic

Submitted by DTN Ethanol Blog

Ethanol company Poet announced Wednesday that it expects to complete construction on its pilot-scale cellulosic-ethanol plant in South Dakota sometime in the fourth quarter of 2008. All told, the Poet corn-cob technology will be capable of producing 11 percent more ethanol from each corn bushel and 27 percent more ethanol from [...]

Pulp & Paper Industry: The “bird’s nest” of bioenergy?

Submitted by BIOconversion Blog
One prominent feature of the 2007 Energy Independence and Security Act (EISA) is its renewable fuel standard that sets the trajectory for satisfying America’s newfound thirst for alternative fuels. 36 billion gallons per year production by the year 2022. Considering that the U.S.’ current annual production of biofuels is about 8 billion [...]

Pacific Ethanol Sees $8.3M 2Q Net Loss on Corn Price Surge

Submitted by DTN Ethanol Blog

Pacific Ethanol announced Monday net sales of $113.8 million, up 74 percent for the same period a year ago. However, the West Coast-based marketer and producer of ethanol posted a net loss for the three months ended June 30 of $8.3 million compared to net income of $2.2 million for the [...]

PetroSun Withdraws From Algae-to-Biofuel Program

Submitted by DTN Ethanol Blog
PetroSun, Inc. announced Tuesday that it was withdrawing from a research program to produce jet fuel from algae for the U.S. Department of Defense, according to a news release from the company.
Green Plains Renewable Energy Produces First Million Gallons
Focus on Fuels 8-4-08
Profits Improve at Neeley Biofuels
US Ethanol Imports for May Fall [...]

Crude is headed lower, but how low? And winter with higher natural gas prices is just around the corner.

Submitted by DTN Ethanol Blog
Focus on Fuels 8-4-08
Crude is headed lower, but how low? And winter with higher natural gas prices is just around the corner.
Profits Improve at Neeley Biofuels
US Ethanol Imports for May Fall Sharply
Ethanol Production, Demand Climbs in May
Focus on Fuels 7-28-08
Senators Back RFS

Rating 3.00 out of 5

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Profits Improve at Neeley Biofuels

Submitted by DTN Ethanol Blog
.S. Ethanol Margins Could Take a Hit as More Production Comes Online
By Todd Neeley
DTN Staff Reporter
OMAHA (DTN) — Though the hypothetical Neeley Biofuels Inc. ethanol plant in South Dakota has recently crawled out of a seven-month net-profit hole, one expert said the industry as a whole will struggle to stay profitable [...]