Archive for November, 2008
Odessa, Wash., Biodiesel Plant Produces 1st Spec Batch
Submitted by DTN Ethanol Blog
Green Star Products, Inc. said in a news release that its Inland Empire Oilseeds Biodiesel Facility in Odessa, Wash., has been completed, with the plant producing 36,000 gallons of spec biodiesel to satisfy contractual obligations.
Rating 3.00 out of 5
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Ethanol Supply Builds in Sept. as Demand Eases, Imports Surge
Submitted by DTN Ethanol Blog
The Energy Information Administration released inventory data for ethanol for September showing a decline in domestic production, but an increase in end-month stockpiles as demand for the blendstock eased and imports surged.
Rating 3.00 out of 5
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VeraSun Creditors Look for Answers
Submitted by DTN Ethanol Blog
More than 120 attended a meeting Friday about joining a court action seeking to force VeraSun to accept or reject corn contracts by Dec. 15.
Rating 3.00 out of 5
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Poet Discusses Ethanol Acquisitions
Submitted by DTN Ethanol Blog
The president of one major ethanol company said his company is in talks with several ethanol firms, while officials with another large ethanol company, VeraSun, stated the bankrupt company may have an unsolicited suitor.
VeraSun Receives Indication of Interest for its Assets
GreenHunter Resumes Output at Houston Biodiesel Refinery
VeraSun Creditors to Meet Wednesday
Focus [...]
Focus on Fuels 11-24-08
Submitted by DTN Ethanol Blog
Crude prices are reaching levels again analysts did not think possible, as the economy continues in turmoil.
VeraSun Case Takes Twists, Turns
VeraSun to Be De-Listed from NYSE
Fate of VeraSun Plant Still in Doubt
Deadline Looms for Challenges
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Rating 3.00 out of 5
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VeraSun Case Takes Twists, Turns
Submitted by DTN Ethanol Blog
Friday’s news was full of stories related to the VeraSun bankruptcy case, including the first info from the company on how it might deal with outstanding corn contracts with farmers.VeraSun to Be De-Listed from NYSE
Fate of VeraSun Plant Still in Doubt
Deadline Looms for Challenges
Syntec Biofuel Launches $2.5M Biofuel Research
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VeraSun to Be De-Listed from NYSE
Submitted by DTN Ethanol Blog
The New York Stock Exchange announced Friday that it will de-list VeraSun Energy Corp stock at the opening of business Dec. 1. NYSE determined that the company’s stock was no longer suitable for continued listing due to VeraSun’s Chapter 11 bankruptcy filing Oct. 31.Fate of VeraSun Plant Still in Doubt
Deadline Looms [...]
Fate of VeraSun Plant Still in Doubt
Submitted by DTN Ethanol Blog
A VeraSun plant in Dyersville, Iowa, may have shut down due to lack of funding, according to reports, but so far VeraSun officials have not confirmed that.
Deadline Looms for Challenges
Syntec Biofuel Launches $2.5M Biofuel Research
Florida to Get Its First Green Refueling Station
Cellulosic Ethanol Start Up Gets $25M to Expand
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Deadline Looms for Challenges
Submitted by DTN Ethanol Blog
A court order did not set a deadline for when VeraSun Energy Corp.’s operating ethanol plants can accept or reject corn contracts. Creditors who object to that must file a complaint by Friday.
Syntec Biofuel Launches $2.5M Biofuel Research
Florida to Get Its First Green Refueling Station
Cellulosic Ethanol Start Up Gets $25M to [...]
Battle of Wills, Symbols Over Ethanol
Submitted by DTN Ethanol Blog
The Food Before Fuel Coalition called for an end to ethanol subsidies Tuesday, claiming its industry members are being hurt by competition for corn. Meanwhile, Growth Energy, a pro-ethanol group, struck back, asking the food industry when it would cut food prices in light of the sharp drop in commodity prices.
EIA: [...]
Food, Fuel Battle Rages On
Submitted by DTN Ethanol Blog
Several groups are coming together to challenge the ethanol blenders credit, but the ethanol industry wants to know when food companies are going to lower grocery prices now that commodity prices are down.
Pro-Ethanol Group Defends Biofuels as Energy Source
Groups Clash on Impact of Biofuels on Global Hunger, Food Prices
Groups: End Ethanol [...]
Groups: End Ethanol Subsidies
Submitted by DTN Ethanol Blog
A coalition of 20 groups plans to hold a press conference in Washington, D.C., Tuesday to call on the federal government to end ethanol subsidies.
Focus on Fuels 11-17-08
ExxonMobil Eyes Dec. 1 Start for Wash. Biodiesel Blending
VeraSun Filing Says President, CFO Herron Terminated
Manual IDs Regulatory Rules for Biodiesel Facilities
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Bigger Losses for VeraSun
Submitted by DTN Ethanol Blog
VeraSun has hiked its estimates of potential losses and told the SEC it could lose more than $400 million.
Show Me Ethanol Could Default on Loan
Greenbelt Resolves USSEC Suit
Growth Energy Strikes Back at GMA
Solix Biofuels Raises Funds for Biofuel Plant in Colorado
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Rating 3.00 out of 5
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Show Me Ethanol Could Default on Loan
Submitted by DTN Ethanol Blog
Carrollton, Mo.-based Show Me Ethanol LLC reported the company has run into financial difficulties, as a result of high corn prices, and may need to default on a $48 million construction loan.
Greenbelt Resolves USSEC Suit
Growth Energy Strikes Back at GMA
Solix Biofuels Raises Funds for Biofuel Plant in Colorado
Cellulosic Co. Still Supports [...]
Cellulosic Co. Still Supports VeraSun
Submitted by DTN Ethanol Blog
An executive with SunEthanol Inc. said that despite VeraSun’s recent financial problems, the company has no plans to back out of its partnership with VeraSun. The partnership will some day include installing SunEthanol’s cellulosic technology in VeraSun’s corn-based ethanol plants.
Focus on Fuels 11-10-08
AFSE Awaits Acquisition Opportunity in Ethanol Industry
Farmers Protected in [...]
Getting Behind the PIPE
Submitted by DTN Ethanol Blog
Funds for the national ipmPIPE program, which monitors and reports plant diseases such as Asian soybean rust, are expected to be cut. Plant pathologists and others are working to keep the program alive until more permanent federal funding can be found.
Farmers Protected in VeraSun Bankruptcy
Wilson Farms, Reid Petroleum to Open Buffalo [...]
VeraSun Energy Delays Startup of Minnesota Ethanol Plant
Submitted by DTN Ethanol Blog
VeraSun Energy Corp. Tuesday announced that it is “indefinitely delaying” the startup of its 110-million-gallon ethanol plant in Janesville, Minn., according to a news release from VeraSun.
Bankruptcy Judge Allows VeraSun Financing for Operations
ADM: Q3 Earnings $1.05B, Up 138 Percent from Year Ago
NYSE Suspends VeraSun Stock
Ethanol Producer VeraSun Files For Bankruptcy Protection
Freedom [...]
NYSE Suspends VeraSun Stock
Submitted by DTN Ethanol Blog
VeraSun Energy Corp. Monday was suspended from trading on the New York Stock Exchange after it filed for Chapter 11 bankruptcy protection on Friday.
Ethanol Producer VeraSun Files For Bankruptcy Protection
Freedom Environmental Services Targets Biofuel Producer
Focus on Fuels 11-3-08
Ethanol Imports Jump 41% in Aug., Fla. Accepts the Most
EIA Data Shows US Ethanol [...]
Ethanol Imports Jump 41% in Aug., Fla. Accepts the Most
Submitted by DTN Ethanol Blog
U.S. ethanol imports for August were up 41 percent from July levels, according to the latest data from the Department of Energy, which also shows nearly 66 percent of those imports went to three coastal states — Florida, New Jersey and California — with Florida making an aggressive effort in expanding [...]