President Donald Trump has been meeting with stakeholders in the biofuels and refinery industries to find a way to lower Renewable Identification Number (RIN) prices that is acceptable to both sides. Two main options are a cap on RIN prices, or allowing year round sales of E15, or some combination of both. In this edition of The Ethanol Report, we …
Enogen® Premiums Will Top $100 Million in 2018
For the past five years, Enogen® corn enzyme technology has given farmers the opportunity to be enzyme suppliers for participating ethanol plants and earn a per-bushel premium, and by the end of this year, Syngenta expects total premiums paid to Enogen corn growers to top $100 million. Syngenta made that announcement at the Commodity Classic last week. Chris Tingle, head …
Biodiesel Group Honors California Clean Fuel Leader
Last week at the California Advanced Biofuel Alliance annual conference the National Biodiesel Board (NBB) honored Celia DuBose with the Climate Leader Award. DuBose was a founding member and the first employee of the California Biodiesel Alliance, an organization committed to enhancing access to cleaner burning biodiesel. As executive director, she oversaw the organization’s recent expansion into representation of other …
American Ethanol Website Gets Facelift
Growth Energy recently gave the American Ethanol Racing website a new facelift just in time for the new season. As an official NASCAR partner and sponsor of the 2018 Daytona 500-winning No. 3 Monster Energy Cup Series racing team, Growth Energy is excited to showcase the many engine performance benefits of biofuels in innovative, engaging ways. The dynamic, revamped website …
Biodiesel Board Grows Membership
The National Biodiesel Board (NBB) added two more organizations last month, welcoming commodity merchandising company WWS Trading, and biodiesel equipment manufacturer All Line Equipment. “NBB’s primary goal has always been to advance the biodiesel industry, and one of the many ways we achieve that is by connecting our members to one another,” said Brad Shimmens, Director of Operations and Membership. …
Iowa Producer Revives California Plant for Low-Carbon Biodiesel
An Iowa biodiesel producer recently celebrated the re-opening of a shuttered California plant to manufacture a cleaner-burning biofuel that will help meet California’s low carbon fuel demands. Western Iowa Energy (WIE) in Wall Lake recently purchased Agron Bioenergy, a biodiesel production facility in Watsonville, California that was idled in 2016. This marks the first time WIE has expanded its operations …
Biodiesel No Problem in RFS Talks
Of those Renewable Fuel Standard (RFS) stakeholders at last week’s White House meeting, only Renewable Energy Group, Inc. President and CEO Randy Howard walked out feeling like his industry was safe. Howard, who joined other top biofuel company executives who met with the President, Vice President Pence, EPA Administrator Scott Pruitt, and some petroleum refiners to discuss the RFS, says …
B20 Biodiesel Use Translates to $1.2M Health Cost Savings
Illinois communities that routinely use B20 biodiesel fuel in diesel vehicles receive an estimated $1.2 million in health cost savings, according to data submitted by 15 members of the B20 Club, a partnership between the Illinois Soybean Association (ISA) checkoff program and the American Lung Association in Illinois (ALAIL). B20 Club members include Illinois-based municipalities, trucking companies, fuel suppliers and …
Final 2017 Numbers Show Record Ethanol Production
The official tally for U.S. ethanol production in 2017 is 15.84 billion gallons, up three percent from the previous year and a new record, according to the latest data from the Energy Information Administration (EIA). Renewable Fuels Association (RFA) president and CEO Bob Dinneen says the data also indicates record domestic ethanol blending, with 14.4 billion gallons blended into 142.9 …
Perdue Answers RINs Question During Town Hall
U.S. Secretary of Agriculture Sonny Perdue held a town hall on the main stage in the Commodity Classic Trade Show Thursday and answered some questions from a few of the hundreds of farmers who gathered to watch and listen. Former National Corn Growers Association president Pam Johnson of Iowa wanted to know specifically if the secretary supported a cap on …