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RFA: E15 could provide consumer relief in wake of refinery outage

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By Renewable Fuels Association

August 14, 2015

PolicyBusinessMarketsCoproducts

Renewable Fuels Association President and CEO Bob Dinneen asks U.S. EPA to provide relief to consumers in wake of refinery outage in Whiting, Indiana. According to the RFA, E15 could help alleviate spikes in gasoline prices.

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The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has announced an open meeting of the Biomass Research and Development Committee. The event is scheduled to be held Aug. 27-28 in Washington, D.C.

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A report recently filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network provides an overview of the European Union's liquid biofuel industry, including information related to ethanol and biodiesel.

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Poet LLC released its first-ever economic impact study, revealing the significant impact the company made to national economic growth and job creation in 2014. Poet operates 27 ethanol plants accounting for 11 percent of U.S. capacity.

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Southwest Iowa Renewable Energy LLC has released financial results for its fiscal year 2015 third quarter, the three months ended June 30. SIRE reported net income of $6.1 million, or $457.04 per basic unit, for the quarter.

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The USDA recently published the August edition of its Grain Crushings and Co-Products Production report, noting total corn consumed for alcohol and other uses was 493.1 million bushels in June. Corn for fuel alcohol was 440.8 million bushels.

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Gevo Inc. has released second quarter financial results, reporting revenue of $8.9 million, up from $7.7 million during the same period of 2014. The net loss was $17.8 million, compared to $17.2 million during second quarter of last year.

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Abengoa has released half year financial results, reporting revenues of EUR 3.39 billion ($3.71 billion), up 3 percent when compared to the first six months of the prior year. EBITDA increased by 9 percent, reaching EUR 650 million.

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Tiemann elected USGC chairman

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By U.S. Grains Council

August 03, 2015

Alan Tiemann, a farmer from Nebraska, was recently elected as U.S. Grains Council chairman during the organization's 55th Annual Board of Delegates Meeting in Montreal, Canada. He has spent more than 35 years in production agriculture.

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In late July, several pieces of legislation were introduced that aim to impact the biorefining industry. Two of the bills aim to benefit bioenergy technologies, while a third would limit the U.S. EPA's ability to set cellulosic mandates.

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Argonne National Lab finds butanol is good for boats

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By U.S. DOE/Argonne National Laboratory

July 30, 2015

Argonne National Laboratory recently teamed with industry to investigate alternative fuels for recreational marine applications. Research has demonstrated the safety and effectiveness of a blend of fuel that includes 16 percent butanol.

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Gevo Inc. has announced that Express Lube of Fredericksburg, Texas, is the first U.S. service station to sell gasoline blended with Gevo's renewable isobutanol at the pump. Express Lube has been selling the fuel at over a 50 percent premium to E10.

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A team of Canadian buyers and end-users of U.S. distillers dried grains with solubles (DDGS) recently visited the United States on a learning journey cosponsored by the U.S. Grains Council and the Corn Marketing Program of Michigan.

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Pacific Ethanol Inc. has begun commercial production of corn oil utilizing Valicor's corn oil recovery system at its Columbia ethanol plant located in Boardman, Oregon. All four of the western Pacific Ethanol plants are now producing the coproduct.

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Green Plains Inc. has announced second quarter financial results, reporting net income of $7.8 million, or 19 cents per diluted share, compared to $32.3 million, or 82 cents per diluted share, during the same quarter of 2014.

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As August approaches, values in the DDGS market have rebounded a bit. Chinese cargoes, which last month looked to be a lot more at risk of getting executed, either did get shipped, or got rolled to a deferred month.

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Liquid Light announced it has signed a technology development agreement with The Coca-Cola Co. The objective of the agreement is to accelerate the development of Liquid Light's technology which can make mono-ethylene glycol (MEG) from carbon dioxide.

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The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy is soliciting nominations for candidates to fill vacancies on the Biomass Research and Development Technical Advisory Committee. Nominations are due Aug. 14.

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The U.S. Department of Energy's Bioenergy Technology's Office (BETO) has announced plans to hold a workshop focused on the challenges associated with the coproduction of biomass-derived chemicals, products and biofuels.

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On July 13, the Global Renewable Fuels Alliance welcomed UNICA, the Brazilian Sugarcane Industry Association, as its newest member. UNICA is the largest organization in Brazil representing sugar, ethanol and bioelectricity producers.

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The Auto Channel has launched the Ethanol Chronicles. A long-time champion for ethanol, copublisher Marc Rauch describes the blog as "lively, spirited and sometimes humorous repartee concerning energy issues."

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Farmer leaders and staff members from the U.S. Grains Council, the National Corn Growers Association and the North Dakota Barley Council traveled to Cuba in late June to see first-hand potential opportunities for expanding U.S. coarse grain exports.

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The most recent government data shows ethanol exports hit the lowest level so far this year while distillers grains exports to China set a new record, accounting for 74 percent of total U.S. DDGS exports, according to a RFA analysis.

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On July 2, the White House issued a memo on modernizing the regulatory system for biotechnology products to heads of the U.S. EPA, USDA and U.S. Food and Drug Administration. It outlines several actions the agencies will take over the next year.

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The Food and Agricultural Organization of the United Nations has published a new agricultural outlook predicting that ethanol and biodiesel use will continue to grow over the next decade, although at a slower pace.

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The demand from China, which had been keeping DDGS prices well above the levels that worked into U.S. rations, has dropped off. Prices are down and, since last month, it is being more widely considered for inclusion by U.S. feeders.

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Station owners who offer ethanol blends above 10 percent are gaining increased sales and higher customer counts, contrary to assumptions made by the U.S. EPA in its recent proposal for the renewable fuel standard (RFS).

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On June 25, the U.S. EPA held a hearing to address its proposed rule for the 2014, 2015 and 2016 renewable fuels standard (RFS) in Kansas City, Kansas. More than 250 people were scheduled to testify at the event.

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The July issue of Ethanol Producer Magazine has a coproducts theme and contains stories about coproduct quality, new coproducts and the customer-driven interest in antibiotic-free distillers grains, writes Tom Bryan.

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Growth of aquaculture operations meant to help meet customer demand from the 1 billion people who rely on fish as their primary protein source is also encouraging diversification of feed ingredients, including distillers dried grains with solubles.

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