Energy company Valero Energy Corporation will invest up to $50 million dollars into one of the world’s first commercial scale wood-based cellulosic ethanol biorefineries to be started later this year in Kinross Charter Township, Michigan. This press release from biofuels company Mascoma Corporation says the deal through Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, with Valero, the nation’s largest independent …
Ethanol Industry Responds to Corn Harvest Report
The United States Department of Agriculture (USDA) released its final report on the total 2010 corn crop and supply and well as its updated estimates of corn use. The total 2010 corn production was 12.45 billion bushels, the third largest crop in U.S. history. There were some unanticipated changes in the report as well. First, the corn yield was lower …
EPA Delays Decision on Biogenic Carbon Emissions
The Environmental Protection Agency (EPA) has announced that they will be delaying any decisions on greenhouse gas permitting requirements (GHG) for carbon dioxide from biomass combustion and other biogenic emissions. Last fall, the EPA said that they were considering adding these types of emissions to the required reporting under the Renewable Fuels Standard (RFS2) Tailoring Rule. With this news, the …
Farm Bureau Supports Change in Biofuels Policy
The American Farm Bureau Federation is supporting a new direction in biofuels policy away from the blenders tax credit and toward increasing infrastructure. “The whole discussion has been evolving within the industry and within the Congress,” said AFBF President Bob Stallman during a press conference following the conclusion of the organization’s 92nd annual meeting. “It doesn’t surprise me that that …
DuPont Acquiring Danisco in $6.3B Deal
DuPont Dansico has been in a multi-year powerhouse partnership to develop cellulosic ethanol. Today, DuPont has announced that it has entered into an agreement to acquire Danisco, a global enzyme and specialty food ingredients company to the tune of $5.8 billion along with the assumption of $500 million of Danisco net debt for a total of $6.3 billion. Once the …
Ethanol All The Way In NASCAR
Kenny Wallace, NASCAR driver, says, “Ethanol all the way in NASCAR!” That’s what he told me this afternoon in the American Farm Bureau Federation Pavilion on the floor of the AG CONNECT Expo. Thanks to Tricia Braid, Illinois Corn Growers, for setting up our interview and taking the photo. Kenny was signing autographs in the Nationwide Insurance exhibit. You won’t …
Ethanol Alone Can’t Meet Renewable Fuel Goals
The U.S. is at the “blending wall” saturation point for ethanol use according to a new Purdue University study. The cause is lack of infrastructure to meet the federal mandate for renewable fuel use with ethanol, but the country could still meet the standard with significant increases in next-generation biofuels and cellulosic fuels. Wally Tyner, the James and Lois Ackerman …
Velasco Leaves UNICA for Amyris
The Brazilian Sugarcane Industry Association (UNICA) announced today that Joel Velasco, the organization’s Washington, DC-based Chief Representative for North America, is leaving the position he has held since 2007, to join Amyris, Inc., as Senior Vice-President, External Relations. “Joel has provided UNICA with wise counsel, effective strategy and solid results. We wish him well at Amyris and will continue cooperating …
Update on China DDGS Dumping Probe
Three years ago there were virtually no dried distillers grains (DDGS) going to China. Last year there were more than 1.5 million metric tons of DDGS exported to the country and some estimate that the number could be as high as 3 million metric tons at the close of this year. So, although the U.S. Grains Council (USGC) felt that …
Ethanol Report on the Year Ahead
Now that 2010 is just a memory and Congressional leaders are returning to Washington this week to open the first session of the 112th Congress, what does the future hold for ethanol? In this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen gets out his crystal ball and talks about the year ahead for the …