Thanks to the collective support of a number of sponsors, including ICM-Ethanol USA, Ryan Hunter-Reay will continue to drive the No. 37 IZOD-sponsored car for Andretti Autosport for the rest of the season. The car will continue to have the primary sponsorship of Team IZOD, with the exception of the August race at Chicagoland Speedway and another race to be …
RFA Renews Ethanol Sponsorship of Motorcycle Rally
For the second year, the Legendary Buffalo Chip will be “Fueled With Pride” as the Renewable Fuels Association (RFA) continues their support as an honored sponsor to promote ethanol during the 70th Annual Sturgis Motorcycle Rally. The popular bikers event will take place August 6-14th in Sturgis, South Dakota. The RFA will continue their partnership with the Legendary Buffalo Chip …
Green Process for Fuel Additive Could Help Ethanol Production
An Iowa State University researcher has developed a new green, bio-based process for producing the fuel additive isobutene that could help ethanol production. ISU biochemistry professor Thomas Bobik invented a process for manufacturing the much-used fuel additive and industrial chemical that is currently made from petroleum by identifying a new, natural enzyme that produces the fuel organically. Isobutene is a …
Bioenergy and Ethanol Market News from USDA
Producers, consumers and distributors of bioenergy products can access crucial data through the Bioenergy Market News Reports published by the USDA’s Agricultural Marketing Service. The Ethanol reports include data for six regions – Iowa, Wisconsin, Minnesota, Nebraska, South Dakota and the Eastern Corn Belt. Each report publishes daily corn bids, daily distiller grain prices and a weekly ethanol price. The …
Biofuels Videos from Obama Administration
The Obama administration and USDA have released a couple of videos highlighting the importance of biofuels to the nation and what the government is doing to get us down the road to advanced renewable fuels. In a short YouTube video, USDA highlights current production and consumption capacities as well as projections to meet the Renewable Fuels Standard (RFS2) which calls …
Ethanol Groups Applaud Consumer Choice Bills
Increasing consumer fuel choice and solving the “chicken and the egg” challenge to energy independence are the goals of two bills introduced this week in the U.S. House of Representatives. On Wednesday, Rep. Stephanie Herseth Sandlin (D-SD) introduced the Consumer Vehicle Choice Act of 2010 (H.R. 5633) and the Consumer Fuels Choice Act of 2010 (H.R.5632). The first would mandate …
USDA Report Disputes Land Use Theory
USDA’s new planted acreage report out Wednesday morning estimates corn acreage planted is two percent higher than last year, but that is down a point from the March report with more acres are going to soybeans. Corn planted area for all purposes in 2010 is estimated at 87.9 million acres, up 2 percent from last year. Acreage is up in …
25x’25 Shows Progress Toward Renewable Energy Goal
The nation is moving slowly but surely toward greater energy independence, according to a new progress report from 25x’25. Renewable energy produced in the United States between 2004 and 2009 grew by about 23 percent, according to the report, Meeting the 25x’25 Goal: A Progress Report. The 32-page analysis details advances made by the renewable energy sector since the Alliance …
POET Aquires Indiana Ethanol Plant
POET announced today the purchase of a 90 million gallon-per-year ethanol plant located just outside Cloverdale, Ind. and previously operated by Altra Biofuels. Making the announcement from the Renewable Energy Finance Forum in New York, POET CEO Jeff Broin said this will be POET’s fourth ethanol plant in Indiana and 27th facility nationwide, bringing the company’s annual ethanol production capacity …
World Economic Forum Sees Bright Biofuels Future
A new report by the World Economic Forum (WEF) concludes that converting biomass into fuels, energy, and chemicals has the potential to generate upwards of $230 billion to the global economy by 2020, most of that in the United States. The report, produced in collaboration with Royal DSM N.V., Novozymes, DuPont and Braskem, says that the biorefineries industry could supplement …