AE Biofuels, formerly known as American Ethanol, has completed its plans to become a publicly traded company by merging with a firm known as Marwich II Ltd. The California-based company is involved in both ethanol and biodiesel, with majority ownership of a plant in India that is designed to produce 50 million gallons of biodiesel per year and plans to …
VeraSun Recives Venture Award
VeraSun Energy, headquartered in South Dakota, was recently honored with one of ten Iowa Venture Awards by the Iowa Area Development Group (IADG). VeraSun is one of the nation’s largest ethanol producers and is nearing completion a 100 million gallon ethanol production plant in Hartley, Iowa to complement their other two Iowa facilities located in Fort Dodge and Charles City. …
Biofuel Producer Honored as “Great Oregonian”
SeQuential Biofuels, maker and seller of biodiesel and ethanol, has been honored as one of five recipients of Oregon Governor Ted Kulongoski’s Gold Awards, recognizing “greatness in Oregonians.” This story from the Portland (OR) News says the award was handed out recently at the Oregon Convention Center: SeQuential, which opened the nation’s first biofuels station in 2006 on McVay Highway …
Swedish Bio-Fuel Sports Car
“The Future of Things” has a feature on a future bio-fueled sports car called CCXR. The elite Swedish sports car manufacturer Koenigsegg has created a new bio-fuel powered sports car named CCXR. This Limited Edition CCXR is the first homologated car currently in production to reach over 1,000 Brake horsepower, and a top speed of over 400 km/h (250+ mph). …
New Report Puts Food vs Fuel “to Bed”
The price of corn has less to do with the price of food than many other factors, according to an extensive new study by Informa Economics based on 20 years of price data. The Informa report identifies the so-called “marketing bill”—the portion of final food costs that excludes grains or other raw materials—as a key driver of the consumer price …
Senate Stops Energy Bill Roll
The energy bill was on a roll after passing the House Thursday, but a failed vote on Friday to end debate in the Senate puts the bill back in limbo. In urging Senators to block a vote on the bill, Sen. Pete Domenici of New Mexico, the ranking Republican on the Senate Energy and Natural Resources Committee, argued: “This is …
Ethanol, Biodiesel Large Part of Support for Bull Market
Chris Hurt, ag economist at Purdue University in West Lafayette, Indiana says ethanol and biodiesel… and the demands for the feedstocks to make the biofuels… are a big reason for the current bull market. This story in the Bluffton (IN) News-Banner says Hurt made the remarks at a recent ag outlook breakfast: Hurt sees continual price rises in the corn, …
Energy Bill Passes with Expanded RFS
The U.S. House has passed the Energy Independence and Security Act (H.R. 6) by a vote of 235 to 181. The measure expands the Renewable Fuel Standard by seven times to 36 billion gallons a year by 2022… with 21 billion gallons of ethanol coming from cellulosic feedstocks, such as wood scraps… and requiring that 500 million gallons of biodiesel …
New Study Supports Mid Range Ethanol Blends
A new study released today by the American Coalition for Ethanol shows that mid-range ethanol blends – fuel mixtures with more ethanol than E10 but less than E85 – can in some cases provide better fuel economy than regular unleaded gasoline, even in standard, non-flex-fuel vehicles. The new research strongly suggests that there is an “optimal blend level” of ethanol …
RFS Supporters Rally
Members of Congress and representatives from a variety of organizations held a media event Wednesday morning in support of an increased Renewable Fuels Standard (RFS) in the Energy Bill. House Ag Committee Chairman Collin Peterson (D-MN) says House Speaker Nancy Pelosi (D-CA) is in full support of the RFS. “The speaker understands that this is critical for this industry,” Peterson …