Penford to Produce Ethanol in Iowa

Cindy Zimmerman

Colorado-based Penford Corporation has announced plans to invest $42 million for approximately 40 million gallons of ethanol production capacity at its Cedar Rapids, Iowa facility. According to a news release, the facility is expected to be producing ethanol by the end of 2007. “Penford’s entry into ethanol will create value for our shareholders from more complete utilization of existing facilities …

Ethanol

NEX Marks the Spot

Cindy Zimmerman

Xethanol Corporation is parthering up Global Energy and Management, LLC to develop ethanol production in New England states. According to a press release, the new venture, known as NewEnglandXethanol LLC, or NEX, plans to open several ethanol plants throughout the region deploying Xethanol’s proprietary technologies. Additionally, Xethanol may co-locate biodiesel production in its facilities under Xethanol’s sub-license from H2Diesel, Inc.

Biodiesel, Ethanol, Miscellaneous

Fill Up, Feel Good Podcast

Cindy Zimmerman

The latest “Fill Up, Feel Good” podcast from the Ethanol Promotion and Information Council is on ethanol making tracks all over the racing world. It features interviews with people who use ethanol in competition vehicles, including tractor pulls and sprint cars, as well as Indy car drivers Jeff Simmons and Danica Patrick and a guy who makes fast cars go …

Audio, EPIC, Ethanol, Fill Up Feel Good

Xethanol On the Defensive

Cindy Zimmerman

Xethanol Corporation issued a press release this week defending itself against “inaccurate and misleading statements” made in an article published by The Motley Fool on Friday, June 23. Xethanol took offense at the Fool’s suggestion that it “was formed simply to capitalize on the ethanol interest in today’s market.” To set the record straight, the release states that Xethanol was …

Ethanol

New Mexico Plant Plans

Cindy Zimmerman

Clovis, New Mexico is the future site of a 105 million gallon a year ethanol plant planned by private equity firms Riverstone Holdings and The Carlyle Group. According to a news release, “the plant will more than triple New Mexico’s ethanol output. New Mexico’s only other ethanol plant, Abengoa in Portales, currently produces 30 million gallons annually.” The plant will …

Ethanol, Facilities, Production