Operations

On April 12, House Agriculture Committee Chairman K Michael Conaway, R-Texas, released a draft of the 2018 Farm Bill. The legislation reauthorizes many bioenergy-related programs, but provides them with only discretionary funding.

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Gevo Inc. announced April 2 that an ASTM International subcommittee has voted in favor of revising specification D7566 to include ethanol in addition to isobutanol and to increase the approved blend levels from 30 percent to 50 percent.

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Aemetis Inc. released fourth quarter 2017 financial results on March 29, highlighting progress with the development of its proposed 12 MMgy cellulosic ethanol plant and discussing plans to upgrade its existing corn ethanol plant.

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Gevo Inc. released 2017 financial results on March 28, providing an overview of its financial status, production and sales, and market development activities. The company's Minnesota biorefinery is expected to focus on ethanol production in 2018.

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UNICA, the Brazilian sugarcane industry association, has announced that production units in Brazil's south-central region processed 3.34 million metric tons of sugarcane during the first half of March, producing 182.79 million liters of ethanol.

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Rex American Resources Corp. released financial results for the fourth quarter of 2017 on March 22, reporting reduced net sales, revenue and gross profit. The company, however, indicated conditions are improving in the first quarter.

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FROM THE APRIL ISSUE: Editor in Chief Tom Bryan previews the features this month. Among other topics, our stories profile a new yeast on the market, explore asset management techniques and discuss cleaning services.

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FROM THE APRIL ISSUE: With the release of Innova Drive, well-known enzyme developer Novozymes has entered the yeast market for corn ethanol production.

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FROM THE APRIL ISSUE: RFA President and CEO Bob Dinneen writes about the organization's Ethanol in the Classroom program.

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FROM THE APRIL ISSUE: Predictive maintenance, active management and proper use of inspection results keep a plant on track.

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Enerkem Inc. recently announced that it has produced a new high-performance biofuel that could improve the octane rating of fuels sold on the market and reduce their carbon footprint. The fuel has a research octane number (RON) of up to 112.

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FROM THE APRIL ISSUE: Ten-year inspections, and sometimes outright failures, focus attention on needed capital investments in long-term assets.

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FROM THE APRIL ISSUE: Leticia Phillips of UNICA offers details on the rationale behind Brazil's limit on ethanol imports.

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The Renewable Fuels Association has congratulated member company Show Me Ethanol on its 10th anniversary in operation. The dry mill ethanol facility in Carrollton, Missouri, broke ground in March 2007 and began commercial production in May 2008.

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FROM THE APRIL ISSUE: Ignoring proper bin maintenance, such as cleaning and full material removal, reduces storage capacity and product quality.

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FROM THE APRIL ISSUE: Adam Gustafson, attorney with Boyden Gray and Associates, explains how EPA could easily remedy issues with RINs.

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The 2018 International Fuel Ethanol Workshop & Expo has released its highly anticipated agenda featuring more than 150 speakers and four comprehensive tracks. The event will be held June 11-13 in Omaha, Nebraska.

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Business Briefs

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By Ethanol Producer Magazine

March 16, 2018

FROM THE APRIL ISSUE: Ron Alverson honored with award from RFA; Sylvatex, Valicor enter development agreement; ACE elects 2018 executive committee, and more.

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UNICA, the Brazilian sugarcane industry association, has announced domestic sales of hydrous ethanol remained high in February, up nearly 38 percent when compared to the volume sold during the same period of last year.

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Aemetis Inc. announced that its subsidiary, Aemetis Advanced Products Keyes Inc., has received third-party validation from Leidos Engineering of ethanol and protein yields produced its integrated demonstration unit.

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The U.S. Energy Information Administration has published the March edition of its Short-Term Energy Outlook, increasing its ethanol production forecasts for 2018 and 2019. Ethanol consumption is also expected to grow through 2019.

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Estimated ethanol production margins at U.S. corn ethanol plants averaged 22 cents per gallon (gal) in 2017. Last year was the fifth consecutive year that margins have averaged more than 20 cents/gal.

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Aemetis Inc. has successfully built and operated an integrated demonstration unit for more than 120 days of continuous operations with 94 percent uptime, meeting the requirements for a USDA Biorefinery Assistance Program guaranteed loan.

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UNICA, the Brazilian sugarcane industry association, has announced mills in the south-central region of Brazil sold 614.3 million liters (162.28 million gallons) of hydrous ethanol during the first half of February.

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Fox River Valley Ethanol LLC completed the installation of its Whitefox ICE bolt-on solution at its ethanol plant in Oshkosh in December and is already seeing a positive impact at the gas meter and improvements to its operations.

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On Feb. 28, Pacific Ethanol Inc. released fourth quarter and 2017 financial results. During an investor call, Neil Koehler, president and CEO of the company, provided an update of plant operations and said product margins are currently improving.

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FS Bioenergia has announced plans to develop a second corn ethanol plant in Brazil. The proposed project is currently in the licensing stage. Once constructed, the facility is expected to have a nameplate capacity of 680 MMly (179.64 MMgy).

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The USDA Economic Research Service has released updated 10-year agricultural projections through 2027. The report predicts ethanol production will increase for several years, before declining to 2016 levels toward the end of the projection period.

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The Andersons Inc. has released fourth quarter financial results, reporting net income of $68.4 million, or $2.42 per diluted share, for the three-month period, up from $10.1 million, or 36 cents per share, during the fourth quarter of 2016.

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FROM THE MARCH ISSUE: The accidental discovery that a carbon, nitrogen and copper-based catalyst can convert carbon dioxide to ethanol shows potential.

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