June 4, 2013
BY Ron Kotrba
Pacific Ethanol Inc. has begun commercial production of distillers corn oil at its 60 MMgy ethanol plant in Magic Valley, Idaho. The company is using ICM Inc.’s trademarked Advanced Oil Separation System to extract the oil.
“Corn oil is a high value coproduct with multiple markets including animal feed and biodiesel,” said Neil Koehler, the company’s president and CEO. “Corn oil sales at our Magic Valley plant diversifies our revenue streams, providing greater financial stability to the plant, and is expected to contribute as much as $4.5 million or seven cents per gallon of operating income annually.”
For more information on using distillers corn oil for biodiesel, check out “The Distillers Corn Oil Craze,” a feature article in the May/June 2013 issue of Biodiesel Magazine.
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CARB on April 4 released a third set of proposed changes to the state’s LCFS. More than 80 public comments were filed ahead of an April 21 deadline, including those filed by representatives of the ethanol, biobased diesel and biogas industries.
The USDA on April 14 announced the cancellation of its Partnerships for Climate-Smart Commodities program. Select projects that meet certain requirements may continue under a new Advancing Markets for Producers initiative.
The USDA reduced its outlook for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 10. The outlook for soybean oil pricing was revised up.
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. Construction is underway and the facility is expected to be operational by the end of 2025.
Verity Holdings LLC, a subsidiary of Gevo Inc., has partnered with Minnesota Soybean Processors (MnSP) to implement Verity’s proprietary track and trace software. The collaboration aims to unlock additional value through export premiums.