The American Taxpayer Relief Act of 2012 passed by Congress on New Year’s Day includes the extension of three key ethanol related tax credits, which starts the new year off well for the ethanol industry. “The one year extension of the cellulosic producer tax credit and accelerated depreciation provides some measure of certainty to ensure that 2013 will be a …
E15 Could Save Iowa Drivers $69M
Based on gasoline sales data released today by the Iowa Department of Revenue, the Iowa Renewable Fuels Association (IRFA) said that Iowa motorists could have saved $69 million in 2012 if E15 would have been widely available in Iowa. E15, a blend of 15 percent ethanol and 85 percent gasoline, is approved for use for vehicles manufactured after 2001 or …
Ag Secretary Reacts to EPA Administrator Resignation
Agriculture Secretary Tom Vilsack has had a good working relationship with EPA Administrator Lisa Jackson on various issues important to farmers, ranchers and renewable energy and he is sorry to hear about her resignation from the Obama cabinet. “Lisa Jackson has served our country well as she balanced improving the environment and the health of the American people – while …
Thorntons Wins Paul Dana Excellence in Bioenergy
The Indiana State Department of Agriculture honored Thorntons Inc. as the recipient of the Paul Dana Excellence in Bioenergy Leadership Award. The honor was given during the Greater Indiana Clean Cities Coalition Holiday Reception by Indiana’s Ag Director Joseph Kelsay. The Paul Dana Award was established by Governor Mitch Daniels and Lt. Governor Becky Skillman in 2006 after Indy Racing League driver …
GROWMARK System to Acquire Meier Oil Products
GROWMARK has announced it will be acquiring Meier Oil Production and Manito Transit. Both businesses have been family owned since 1936 and consisted of a trucking company, fuel terminal facility in Ashkum and bulk fuel facilities at Kankakee, Pontiac, Sheldon and Champaign, all in Illinois. Kevin Carroll, GROWMARK vice president, Energy, said the acquisition strengthens the GROWMARK System through collaboration …
Iowa Ethanol Production Holds Steady
Ethanol production in Iowa held steady during 2012 according to the Iowa Renewable Fuels Association (IRFA). During the year, 41 ethanol plants produced 3.7 billion gallons during 2012, matching 2011 production. This is around 28 percent of total ethanol production in the U.S. for the year. This is the first time since 2002 where production did not increase year to …
Ethanol Year in Review – 2012
In this Ethanol Report, Renewable Fuels Association (RFA) president and CEO Bob Dinneen provides his naughty and nice list for Santa, talks about a new progress report on cellulosic biofuels, and promises 2013 will bring one of the biggest fights for the future of energy policy. Dinneen says those who deserve coal include industries that have continued to relentlessly attack …
European Committee Proposes US Ethanol Tax
The Antidumping Advisory Committee, composed of representatives from member states of the European Union, has reportedly endorsed a 9.6 percent penalty on U.S. ethanol exports to Europe. In response to the announcement, a joint statement was released by Growth Energy and the Renewable Fuels Association. “This is simply one step in an ongoing process. While the Antidumping Advisory Committee has …
BlendStar Completes Construction
Green Plains Renewable Energy (GPRE)’s subsidiary BlendStar LLC has completed construction and begun operations at its 96-car unit train terminal in Birmingham, Alabama. BNSF Railway, who will serve the terminal, has a throughput capacity of 300 million gallons ethanol annually. “We are pleased to announce the start-up of operations at the Birmingham terminal, which will provide more efficient distribution of …
Cellulosic Biofuels Progress Report
The Advanced Ethanol Council has just released a detailed look at the progress made towards the commercial deployment of advanced cellulosic biofuels. The Cellulosic Biofuels Industry Progress Report profiles production facilities and projects across the country and producing nations around the world. According to the report, all countries that were profiled are working toward developing production capacity in the U.S. …