Chevron Goes Bio

Cindy Zimmerman

Chevron Corporation has formed a biofuels business unit to advance technology and pursue commercial opportunities related to the production and distribution of ethanol and biodiesel in the United States, according to a company release. Chevron officially announced the business unit at a groundbreaking ceremony in Galveston, Texas to inaugurate construction of one of the first large-scale biodiesel plants in the …

Biodiesel, Ethanol, Miscellaneous

100th Ethanol Plant Celebration

Cindy Zimmerman

Approximately 1,200 people attended the grand opening celebration May 26 for the new $80 million Frontier Ethanol – the 100th ethanol plant to begin operations in the United States. The plant, which will produce 60 million gallons of ethanol annually from 21 million bushels of corn, is the 23rd ethanol plant built by Broin Companies. CEO Jeff Broin is pictured …

Ethanol

Saab BioPower

Cindy Zimmerman

Ethanol can be even more efficient than gasoline with the right engine, and Saab has the engine. According to Mobile Magazine, the 9-5 2.3t BioPower engine runs better on E85 than it does on regular gasoline – 210 bhp compared to 185 bhp. Earlier stories about the BioPower engine, such as this one in Popular Science, say it’s 184 horsepower …

Ethanol

Hawkeye IPO

Cindy Zimmerman

Hawkeye Holdings, the holding company that owns Hawkeye Renewables of Iowa Falls, IA may raise up to $350 million in an initial public offering, according to a Securities and Exchange Commission filing. The company’s prospectus says it is the third largest U.S. ethanol producer based on its 205 million gallons per year production capacity. Read the AP story.

Ethanol

RFA Rings the Bell

Cindy Zimmerman

The Renewable Fuels Association today opened trading on the NASDAQ stock exchange at its Marketsite in Times Square. RFA President and CEO Bob Dinneen (pictured with William O’Brien, NASDAQ senior VP) says he was honored to represent the U.S. ethanol industry during the opening bell ceremony. “Ethanol’s growing importance is being felt on Main Streets and more increasingly on Wall …

Ethanol

Ethanol Consumption Question

Chuck Zimmerman

I meant to post this yesterday but just forgot in all the excitement. A question came to mind after seeing the massive alcohol consumption going on Friday:

On race day which consumes more ethanol, the fans or the cars?

Ethanol