Diversified in the Heart of Ethanol Country

Cindy Zimmerman

Diversified Diversified Ethanol is establishing corporate headquarters in the “heart of ethanol country: Iowa,” according to a Business Wire release.

“We needed to be right in the middle of the Midwest ethanol plants. As we work on ethanol mergers and acquisitions, it is a significant advantage to be established within the ethanol community. Being in Iowa, it will give us first hand knowledge and information about the key players and producers within the industry. Therefore we can prepare for future trends in the ethanol industry, even before the crop reports come out. The company anticipates this strategy will enhance the company’s competitiveness within the market,” stated Taylor Moffitt, CEO.

Diversified Ethanol is a division of Chicago-based of James Monroe Capital Corporation.

Ethanol

Red Birds Make Flight Plans

Cindy Zimmerman

Cardinal Indiana-based Cardinal Ethanol has a 24-member board of directors in place and is holding public equity-drive meetings to secure the funds needed to finance an ethanol plant in Randolph County. The natural gas-fired plant is anticipated to produce 100 million gallons of ethanol per year, using 36 million bushels of corn. A total of 49 meetings are planned – if needed – to raise up to $82 million of the $150 million estimated cost of the project. Meeting dates and times at locations around Indiana and Ohio can be found on the website, as well as a prospectus and IPO information.

Ethanol

Nebraska Groundbreaking

Cindy Zimmerman

Midwest Ethanol The governor of Nebraska and representatives from the Renewable Fuels Association and the Ethanol Promotion and Information Council will be in “the Irish capital of Nebraska” this Friday for the groundbreaking of Holt County Ethanol, a subsidiary of Midwest Ethanol Producers. O'Neill

The O’Neill plant will produce more than 100 million gallons of ethanol each year, along with 350,000 tons of dry distillers grain and will consume more than 37 million bushels of corn annually.

Midwest Ethanol has another plant in Holdrege, NE and is planning to build two other plants in the state at sites yet to be announced.

EPIC, Ethanol

Austin City Biodiesel

Cindy Zimmerman

Austin Biofuels Austin, Texas now holds the distinction of being the number one city in the nation for retail biodiesel. According to the National Biodiesel Board, 19 Shell stations in the Austin area recently opened pumps that carry a blend of 20 percent biodiesel and 80 percent diesel (B20).

Austin Biofuels, a biodiesel distributor and marketer, teamed up with Triple S Petroleum, a local petroleum distributor, to bring B20 to the Shell-branded “Signature Austin” convenience stores.

“It’s an exciting time in Austin,” said Jeff Plowman, president of Austin Biofuels. “As the city is pushing to become the Clean Energy Capital of the World, being a part of the clean energy growth is very fulfilling.”

Biodiesel

It’s What Michigan Wants

Cindy Zimmerman

Meijer Michigan-based retailer Meijer opened its first E85 ethanol fueling station this week in Warren, MI. According to a company release, the pump is one of 20 which will be installed at Meijer gas stations across the state before the end of this year.

In April, Meijer, General Motors, CleanFUEL USA and the State of Michigan announced a collaborative partnership to increase awareness and use of the ethanol based fuel. As part of the partnership, local GM dealers will help promote the new refueling stations when customers purchase its FlexFuel vehicles.

“Michigan is home to one of the largest concentrations of GM’s E85 flexible fuel vehicles in the country, with more than 140,000 in use — many by GM company vehicle drivers working right here at the GM Technical Center,” said Elizabeth Lowery, GM Vice President of Environment and Energy.

Meijer operates more than 175 stores in Michigan, Ohio, Indiana, Illinois and Kentucky

Car Makers, Ethanol, Flex Fuel Vehicles

MU Economists Study Ethanol Impact

Cindy Zimmerman

Fapri Demand for ethanol is shifting Midwest acreage away from soybeans and into corn, according to a University of Missouri agricultural economist.

“Ethanol has major implications for corn acreage,” Pat Westhoff with the MU Food and Agricultural Policy Research Institute said in an MU press release. New FAPRI projections indicate fewer acres planted to soybeans and wheat as more acres are planted to corn to meet ethanol demand.

“Ethanol production has doubled in the last four years and is projected to double again over the next four years,” Westhoff told the annual Breimyer Seminar on the MU campus this week. The theme of the agricultural policy discussion was “BioFuels: An Agricultural Revolution?”

Westhoff’s power point presentation can be viewed on the FAPRI website.

Ethanol

Developing Corn For Ethanol

Chuck Zimmerman

Testing For StarchI just finished up a day at Syngenta Biotechnology, Inc. in Raleigh, NC. Although I blogged the event on AgWired I did run into an interesting story about ethanol. Syngenta is developing an amylase enzyme trait into corn which they hope to have on the market by 2008. In this picture a Syngenta scientist is conducting a simple iodine test for starch. That’s because the amylase enzyme speeds up starch conversion to sugar.

Currently ethanol plants have to add the enzyme to the mix during processing of corn into ethanol. By creating a corn plant with the amylase already in it they can shorten the process and eliminate a whole step. They also hope it will bring a premium for corn growers.

Bruce HowisonThe head of marketing for Syngenta Seed is Bruce Howison. I interviewed him this afternoon. He talks about the process and what this new enzyme trait will mean to ethanol plants and growers. I also asked him about the concerns some people have over the whole food vs. fuel issue. He says Syngenta is committed to making crop acreage more productive to feed the world but believes there’s room for a fuel business too.

Here’s an excerpt from my interview with Bruce: Listen To MP3 Bruce Howison Interview (4 min MP3)

Audio, Biotech, Ethanol, Production

Georgia on Xethanol’s Mind

Cindy Zimmerman

Xethanol Xethanol Corporation has announced plans to construct a 50 million gallon per year cellulosic ethanol plant in Augusta, Georgia which would begin producing ethanol by mid-2007.

According to a company release, the plant will be constructed on the site of a Pfizer pharmaceutical manufacturing complex that Xethanol will be closing on within 30 days.

Christopher d’Arnaud-Taylor, Chairman and CEO of Xethanol, says the plant “is being designed to run on a variety of feedstocks and we are already securing the necessary feedstock streams from the forest products industry to run at capacity when we begin production by mid-2007.”

Cellulosic, Ethanol

2006 Soya Summit

Cindy Zimmerman

Soya Summit Soybeans for both food and energy will be discussed at the 2006 Soya Summit, September 18-20 in St. Louis.

The energy track presents leaders from Washington State University, Toyota, Dupont, Pioneer, the National Biodiesel Board, New Energy Finance and Sigma Capital along with consultants such as Scott Susich, K. Shaine Tyson and Bill Hudson, to provide a unique, clear-eyed look at the current and future biofuels industry. A companion workshop will show potential investors how to evaluate biofuels opportunities.

Click on the link for more information.

Biodiesel

Making the Switch

Cindy Zimmerman

Switchgrass
USDA ARS USDA’s Agricultural Research Service says switching to switchgrass would make sense to make ethanol. A report in this month’s ARS magazine says “this deep-rooted carbon-storing perennial has great biofuel production potential.”

This native perennial has been shown to store more soil carbon than the major U.S. farm crops. They found that switchgrass stores most of its carbon deep underground….The reason for this depth advantage lies in the fact that switchgrass has an extensive root system—with some roots as long as 8 feet—so much of the plant’s carbon is in its roots and the belowground crown tissue just above them.

Cellulosic, Ethanol, Research