Archer Daniels Midland Company will participate in the Citigroup “Ethanol on the Cob” Biofuels Conference on October 3. ADM Executive Vice President, John Rice, and Group Vice President and Controller, Steven Mills, will be presenting. The ADM presentation will be Web cast live. The link to the Web cast: http://www.admworld.com/webcast will be made available at 2:25 p.m. Central Daylight Time …
Emperor of Ethanol
Here’s a nice column from Pioneer Press on Ron Fagen, founder of Fagen, Inc, one of the largest ethanol design/build firms in the country. According to the piece, Brian Jennings, executive director of the American Coalition for Ethanol in Sioux Falls, S.D., says Fagen’s company is building seven of every 10 ethanol plants in the country. “Ron and his company …
Taking the Gas Out of Ethanol
Iowa State University researchers are working to cut the use of natural gas from the production of ethanol, which would make it less expensive to make since natural gas is the second largest expense in the ethanol process behind the corn. ISU Mechanical Engineering professor Ted Heindel, says they’re working with Frontline BioEnergy of Ames, Iowa to develop “fluidized bed …
Putting Ethanol in the Pipeline
Iowa Senator Tom Harkin, pictured here squeezing into an ethanol-powered funny car, is calling for a study into distributing ethanol by pipeline. Harkin and Senator Dick Lugar (R-IN) introduced legislation on Friday to direct the U.S. Department of Energy to study “the feasibility of transporting ethanol by pipeline from the Midwest to the East and West coasts, where demand is …
MO Money For Biodiesel
Equity drives for biodiesel plants in Missouri are going well, according to the Missouri Soybean Association. Paseo Biofuels is getting close to half of the $24 million it is raising for a biodiesel plant in Kansas City, Mo., to be owned by Missouri farmers and Cargill. (see previous post) So far, more than $10 million in shares has been committed. …
Peachy Deal for Georgia Biofuels Plants
Georgia Governor Sonny Perdue this week proposed a sales tax exemption for materials and equipment used in the construction of biofuel facilities in Georgia. According to a press release from the governor’s office, the four percent tax incentive, an annual savings of $2 to 4 million, will be available to facilities producing and processing certain biofuels (ethanol, biodiesel and butanol) …
RR Spur Renovation Will Serve IA Ethanol Plant
Green Plains Renewable Energy and BNSF Railway Company have completed renovation of the rail spur running from Red Oak, Iowa to Shenandoah, Iowa. The spur will serve the 50 million gallon per year ethanol plant being built by Green Plains in Shenandoah. GPRE is also building a second 50 million gallon facility near Superior, Iowa. Barry Ellsworth, CEO and President …
Corn Cob Hot Rod
The National Corn Growers Association, the Ohio Corn Growers Association, the Renewable Fuels Association and five-time International Hot Rod Association Funny Car champion Mark Thomas were on Capitol Hill Wednesday to promote ethanol’s success as America’s renewable fuel. Nearly 1000 people turned out to see the race car, which runs on 100 percent ethanol on the IHRA circuit. Pictured in …
Bill Would Bring Ethanol To Big States
New York lawmakers have introduced bills in Congress to provide tax credits for ethanol plants in four states which consume more than 2 percent of gasoline but make less than 2 percent of ethanol. The four states are New York, California, Florida and Texas. Small producers in these states would receive a credit of 20 cents per gallon of ethanol …
Bush Stumps for Ethanol in Alabama
President Bush made a stop in Hoover, Alabama on Thursday to recognize the city’s police department for using E85 fuel. “You know, the price of gasoline has been dropping, and that’s good news for the American consumer, it’s good news for the small business owners, it’s good news for the farmers. But it’s very important for us to remember that …