Ag Processing Inc a cooperative (AGP) announced it has permanently shut down operations of its corn processing plant at Hastings, Nebraska. The plant had been on an extended shutdown since February 1, 2013 amid challenging economic conditions. At that time, the company said it would continue to evaluate the future of the plant. This week the decision to permanently close …
Energy Exec Survey: Energy Independence by 2030
According to the 11th annual Energy Industry Outlook Survey conducted by the KPMG Global Energy Institute, 62 percent of energy executives believe the U.S. can attain energy independence by 2030, eliminating dependency on foreign oil. The survey polled more than 100 senior energy executives in the U.S. and found that this is a 10 percent increase from last year’s survey. …
Ethanol Production Inches Up
According to the U.S. Energy Information Administration (EIA), fuel ethanol production capacity was 13.9 billion gallons per year (903,000 barrels per day) as of January 1, 2013 with the majority of production located in the Midwest. The report shows a slight increase in the total capacity of operating ethanol plants (193) compared to the same time last year (194). Total …
Free Fuel Workshops in Iowa
The Iowa Renewable Fuels Association (IRFA) will be hosting a summer workshop series addressing upcoming changes in the fuels shipped to Iowa via the current pipeline system. According to IRFA, these workshops are aimed at assisting fuel retailers, suppliers and marketers in preparing for the first major change in the types of fuel available at retail locations since lead was …
DF Cast: Creating, Not Extracting, Sugars for Biofuels
One of the big issues that continues to dog the biofuels business, especially ethanol production, is the use of food crops as fuel sources. While many have made the case that the crops can provide both food AND fuel (consider the dried distillers grains from ethanol production, for example), a New Jersey-based company thinks it has a way to remove …
Study: RIN Prices for E85 Expansion
According to recent study by FAPRI-MU higher biofuel blending requirements through the Renewable Fuel Standard (RFS) increase the incentives to use higher biofuel blends, as seen by high Renewable Identification Number (RIN) prices so far this year. The study began with baseline projections for biofuel and agricultural markets and then built on a series of assumptions about how the RFS …
Methes Energies & BioFuel Aruba Ink Deal
Methes Energies Canada, a subsidiary of Methes Engeries International, has signed a Purchase and Cooperation Agreement with BioFuel Aruba of Oranjestad, Aruba to purchase one Denami 600 biodiesel processor. The agreement was signed during the “Europe Meets the Americas” business conference in Aruba earlier this month. Mr. Abe Dyck a cofounder and shareholder of Methes Energies was in Aruba for …
RINs Could Be Key to Aviation Biofuels Viability
The Environmental Protection Agency’s (EPA) decision that makes aviation biofuel, better known as biojet, eligible for Renewable Identification Numbers (RINs) could make those green fuels viable for the aviation industry. This piece from Platts says the aviation industry could qualify for D4 biodiesel, D5 advanced biofuel or D7 cellulosic diesel RINs, despite jet fuel being exempt from RINs obligations. “The …
Webinars Focus on Legal Issues For Ethanol Producers
The American Coalition for Ethanol (ACE) along with Michael Best & Friedrich LLP (Michael Best) are hosting a webinar series focused on pressing legal issues facing ethanol producers. The first webinar focused on compliance issues with federal Health Care Reform in 2013. The 30 minute webinar, says ACE Executive Vice President Brian Jennings, will be a valuable resource for the …
Wisconsin Opens 8 New E15 Pumps
Wisconsin is the home of eight new E15 pumps. The 15 percent ethanol 85 percent gasoline blend is now offered at SmartStation, 1290 Business Highway 151, Platteville, Wisconsin. The station is a wholly owned subsidiary of Badger State Ethanol. “We are honored to be Wisconsin’s first retailer to offer E15 to our customers who have been asking for it,” said …