Amyris, Inc. has concluded a successful IPO with shares changing hands at $16.55 after setting the initial offering at $16 per share, below its estimated price range of $16-18 per share. The company went public with a $650 market cap. With 5.3 million shares sold during the IPO, $85 million was raised with underwriters Morgan Stanley, J.P. Morgan and Goldman …
E85 Station Opens in Doraville, GA
E85 is now available in Doraville, Georgia. The new Shell Nirvana Food Mart E85 station is located at 6400 Peachtree Industrial Blvd. This station will serve FFVs for commuters on Hwy 141. The facility is part of a partnership with Protec Fuel and the Clean Fuels Foundation through their National FlexFuel Vehicle (FFV) Awareness Campaign. Burl Haigwood of the FlexFuel …
NEC Announces Student Scholarship Program
The Renewable Fuels Association is giving six college students the chance to attend the 2011 National Ethanol Conference: Building Bridges to a More Sustainable Future, for free. The ethanol conference (NEC) will be held in Phoenix, Arizona February 20-22, 2011 and is one of the longest running ethanol conferences in the country. The NEC is known for delivering accurate, timely …
Mansfield Oil Adds DENCO II to Ethanol Portfolio
C&N Companies continues to add to its growing ethanol marketing portfolio and has announced the addition of DENCO II. C&N Companies is Mansfield Oil Company’s ethanol division. The DENCO plant, located in Morris, Minneapolis, was recently purchased, and when it is brought back online, it will employ up to 30 people and produce 25 million gallons of ethanol per year. …
USDA: US Ethanol Production More Efficient than Ever
The U.S. Department of Agriculture (USDA) says ethanol production is more efficient than ever. In an interview with USDA radio, Harry Baumes, Director of USDA’s Office of Energy Policy and New Uses says a new study shows that we’re getting more energy out of corn than what it takes to raise the feedstock and make the green fuel. One reason …
2 Days Left to Register for Export Exchange
Export Exchange 2010 is 10 days away but it’s not too late to register. You have two days to take advantage of pre-registration for the event which will connect DDGs (dried distillers grains) and course grain buyers with domestic sellers. Export Exchange is being held in Chicago and will be the place to get answers, make contacts and build your …
Alltech Buys Algae Fermenter for Biofuels
Kentucky-based Alltech Inc. has bought a $14 million state-of-the-art algae fermentation facility in Winchester, Kentucky from Martek Bioscience Corporation. This press release from the natural animal nutrition company says the facility will be used, in part, to make biofuels, including ethanol: “For Alltech, algae fermentation presents our latest technological platform from which we expect incredible opportunities in the areas of …
DF Cast: Cal. Grants for Ethanol, Biodiesel Infrastructure
It’s an issue we’ve talked about before … plenty of ethanol and biodiesel and vehicles that can burn the green fuels but not enough infrastructure to support those cars’ and trucks’ needs. But a little help from the government is changing that in one of the largest concentrations of privately-owned vehicles … and incidently, one of the largest concentrations of …
Second Look at USDA Ethanol Energy Balance Report
A report released by USDA in June on the energy balance of ethanol plants is getting a second look this week, thanks to a post on the USDA blog. The second look is well deserved, since the report, titled “2008 Energy Balance for the Corn Ethanol Industry,” got less coverage than it deserves when it was first released. The findings …