Propel Fuels CEO Matt Horton was recently honored with the Biofuels Leadership Award at the 3rd Annual Sustainable Biofuels Awards presented at the World Biofuels Markets Congress and Exhibition in Rotterdam, Netherlands. The award honors an individual who has made an outstanding contribution to the development of the biofuels industry and Horton was recognized for “providing thousands of drivers with …
Grassley Hopes to Avoid Vote on Ethanol Tax Credit
Sen. Chuck Grassley (R-IA) is hoping to avoid a vote in the Senate on the amendment introduced last week by Sen. Tom Coburn (R-OK) that would repeal the Volumetric Ethanol Excise Tax Credit (VEETC). Grassley said today during his weekly agricultural media conference call that there are two ways the vote can be avoided. “Either talking him out of it, …
Dyadic Introduces Advanced Biofuels Enzyme
Biotech firm Dyadic International has introduced a new advanced biofuels enzyme at this week the World Biofuels Markets exhibition in Rotterdam, The Netherlands. According to the company, AlternaFuel® CMAX™ has proven to be effective in converting multiple forms of biomass into fermentable sugars which is the critical step in the production of cellulosic ethanol and other advanced biofuels and biochemicals …
Companies to Produce Edible Ethanol Co-Product
Two Illinois companies are working together to produce an ethanol co-product that has a variety of food, industrial and chemical product applications. Prairie Gold (PGI) of Bloomington, and GTL Resources USA of Itasca, Illinois have agreed to collaborate on the construction of a zein protein production plant. Zein is a high valued co-product that can be produced from the corn …
Energy Highlights of Obama Visit to Brazil
Energy was part of the agenda when President Obama visited Brazil over the weekend. During his visit, Obama and Brazil’s President Dilma Rousseff agreed to launch a Strategic Energy Dialogue, to focus on both oil and biofuels. “Now even as we focus on oil in the near term, we shouldn’t lose sight of the fact that the only long-term solution …
Speculation, Not Ethanol, Driving Corn Prices
Erratic behavior on the futures market for corn over the past few weeks is evidence that paper bushels, not ethanol, are driving corn prices, according to Renewable Fuels Association president and CEO Bob Dinneen. “Corn futures prices have tumbled by $1/bushel just since March 3, as huge index and hedge funds and other large speculators are pulling out of the …
2 POET Plants Reach 1/2 Billion Gallon Milestone
Two POET ethanol plants have each produced 1/2 billion gallons of ethanol. POET Biorefining – Big Stone produced its 500 millionth gallon of ethanol since going online in 2002 and back in December, POET Biorefining – Chancellor reached the same milestone. These are the only two POET plants to achieve this feat to date. “For years, POET Biorefining – Big …
Energy Security Issue Brief Released
A new issue brief was released on Energy Security as part of a series from The Ethanol Across America education campaign. The focal point of the report is to illustrate the negative impacts of continued dependence on imported oil. U.S. Senator Ben Nelson (D-NE) who recently released an amendment that would strip several anti-ethanol amendments out of the House approved …
USDA to Measure Biodiesel, Ethanol Co-Product Usage
The USDA wants to know how livestock producers are using co-products from biodiesel and ethanol production. This story from Ethanol Producer Magazine says the National Agriculture Statistics Service will be taking comments until March 28, 2011 with plans to release the results by next January: NASS expects to contact 70,000 various livestock and poultry operations in early January to gain …
Ethanol Plant in Keyes, CA to Restart
AE Biofuels has announced that it has received $3.5 million in financing from Third Eye Capital Corporation. The money will be used to restart and operate the company’s ethanol plant in Keyes, California. In November 2010, AE Advanced Fuels Keyes, Inc. (AE Keyes) received $4.5 million from the same company to repair and retrofit the ethanol facility. AE Keyes officials …