National Ethanol Conference Live
Thanks to new media and social networking technology, proceedings at the 14th Annual National Ethanol Conference will be made available worldwide as they happen next week, live from San Antonio, Texas. For the first time, Renewable Fuels Association President and CEO Bob Dinneen’s State of the Industry Address will be webcast live on the official NEC blog, the Ethanol Report. …
US and Canada Agree on Clean Energy
President Barack Obama and Canadian Prime Minister Stephen Harper announced today that the United States and Canada will collaborate on developing clean energy technology to combat climate change. It was the only concrete agreement to come out of the first meeting between the two leaders this week. Prior to the meeting, Canadian Renewable Fuels Association President Gordon Quaiattini and U.S. …
Greater Ohio Ethanol Plant Sold
An ethanol plant in Lima, Ohio has been granted a new lease on life with the approved sale of the bankrupt facility to a new owner. According to a story from the Lima News, the U.S. Bankruptcy Court for the Northern District of Ohio gave final approval this week for the sale of Greater Ohio (GO) Ethanol to Paladin Capital …
Biofuels Council Founder Appointed to Advisory Board
The Latin American biofuels development firm of Santiago & Sinclair has appointed Sean O’Hanlon, founder and executive director of the American Biofuels Council (ABC), to their advisory board. The firm is comprised of experts who assist organizations looking to enter the biofuels sector in Latin America. “As the founder of one of the most influential biofuels associations in America, Sean …
More Sorghum Projected for Ethanol Use
USDA’s World Agricultural Supply Demand report for February projects more sorghum to be used for ethanol. According to the report, sorghum food, seed, and industrial use is projected 40 million bushels higher based on indications of increased sorghum use by ethanol plants in the Southern and Central Plains. The report also noted that ethanol blender and producer margins have recently …
Stimulus Includes Billions for Renewables
Renewable energy and biofuels are among the big winners in the $787 billion economic stimulus package signed by President Barack Obama today. “Because we know we can’t power America’s future on energy that’s controlled by foreign dictators, we are taking big steps down the road to energy independence, laying the groundwork for new green energy economies that can create countless …
Ethanol Outlook Brighter
Despite bankruptcies and attacks by environmentalists, the outlook for ethanol is improving, according to the chairman of USDA’s World Agricultural Outlook Board. USDA’s February corn outlook says ethanol blender and producer margins have recently improved and weekly production of gasoline blends with ethanol is on the rise. “We’ve seen relatively lower corn prices as of late and even producers now …
Ethanol Ten Year Projections
USDA’s Economic Research Service last week released its latest long term forecasts for the food and agricultural sector. For ethanol, USDA projects increases in corn-based ethanol production to slow over the next few years, but ethanol demand is expected to remain high and affect the production, use, and prices of farm commodities throughout the sector. According to the report, “continued …