Green Plains Renewable Energy (GPRE) has announced that it has signed an agreement to acquire Global Ethanol’s two operating ethanol plants located in Lakota, Iowa and Riga, Michigan. The two plants have a combined operating capacity of 157 million gallons per year (mmgy). The acquisition will increase GPRE’s annual production capacity by 31 percent bringing them to an annual ethanol …
Ethanol Production Drops Slightly
According to the Renewable Fuels Association, daily ethanol production for the week ending 9/24/2010 averaged 825,000 barrels per day (b/d) or 34.65 million gallon per day. These production numbers are slightly down from the previous week when the ethanol industry produced an average of 850,000 b/d and the four week average of 856,000 b/d. In addition, stocks of ethanol also …
White House Reaffirms Ethanol Support
Deputy Assistant to the President for Energy and Climate Change Policy Heather Zichal addressed the annual gathering of Renewable Fuels Association members yesterday. During her talk, she reiterated the President’s commitment to the ethanol industry regardless of feedstock or technology used. More specifically, Zichal addressed some of the current policies in place designed to expand the ethanol industry and the …
Verenium Launches New Enzyme for Ethanol
Verenium Corporation has launched a new enzyme for fuel ethanol production called the DELTAZYM(R) GA L-E5. The new enzyme has demonstrated high ethanol yields at industrial scale using multiple substrates including corn, milo, barley, wheat, and cassava. “Verenium is pleased to be able to enhance our starch processing product offering with this best-in-class glucoamylase enzyme for fuel ethanol production,” said …
Amyris Raises $85M in Successful IPO
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 …