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GPRE prices offering of convertible senior notes due 2018

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By Green Plains Renewable Energy Inc.

September 17, 2013

Business 

Green Plains Renewable Energy Inc. announced the pricing of its offering of $100 million aggregate principal amount of convertible senior notes due 2018, which was upsized from the previously announced $75 million aggregate principal amount of notes.

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RFA: Ethanol provides price relief at the pump

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By Renewable Fuels Association

September 17, 2013

Today officially marks the 1,000th day in a row that gas prices have been above $3 per gallon. While ethanol provides drivers savings while filling up, AAA says that these gas prices are here to stay.

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ACE: Big Oil is forcing lower quality gasoline on the market

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By American Coalition for Ethanol

September 16, 2013

Ron Lamberty, senior vice president of the American Coalition for Ethanol, is warning consumers that recent changes in fuel supplied to the Midwest by oil companies will reduce the quality of gasoline available in many states.

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Not too long ago, I had a conversation about cellulosic ethanol and attacks on the RFS with a Royal DSM board member.

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E15 is again available after summer volatility restrictions ended Sept. 15. "I know Marion-area motorists are happy to once again have low-cost E15 as an option," said Jim Becthold, manager of Iowa-based Linn Co-op Oil Co. Service.

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Valero recently sent a letter to the U.S. EPA, requesting a waiver of the renewable fuel standard to provide relief from high renewable identification number prices. The move is being criticized by Growth Energy and the Renewable Fuels Association.

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The USDA has announced payments to biofuel producers under the Advanced Biofuel Payment Program. USDA Rural Development Acting Under Secretary Doug O'Brien made the announcement Sept. 12 at the National Advanced Biofuels Conference & Expo.

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U.S. Grains Council releases Study on low-oil DDGS

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By U.S. Grains Council

September 13, 2013

Recognizing a changes in ethanol industry practices and in response to questions in the marketplace, the U.S. Grains Council commissioned a study in partnership with Agriculture and Agri-Food Canada to examine the use of low-oil DDGS in cattle diets.

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Doug O'Brien, USDA Under Secretary for Rural Development, visited Novozymes' enzyme manufacturing facility in Blair, Neb., on Sept. 12. O'Brien went on the tour following his keynote address at the National Advanced Biofuels Conference & Expo.

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The U.S. Energy Information Administration has released the September issue of its Short-Term Energy Outlook, forecasting that the U.S. ethanol industry will produce an average of 890,000 barrels per day in 2014,.

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In front of an attentive crowd at the 2013 National Advanced Biofuels Conference & Expo in Omaha, Neb., representatives from Abengoa Bioenergy S.A., Poet-DSM Advanced Biofuels LLC and Ineos Bio presented updates on their cellulosic ethanol projects.

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The USDA surprised the trade in its Sept. 12 World Agriculture Supply and Demand Estimates report by increasing its projections for the current crop year. The average corn yield is forecast at 155.3 bushels per acre, up 0.9 bushels from last month.

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Biochemical producer Green Biologics Inc. and Central MN Ethanol Co-op, an ethanol producer in Little Falls, Minn., have announced that Green Biologics has entered into an exclusive letter of intent to acquire substantially all of CME's assets.

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The European Parliament has voted on draft legislation, calling for a cap on first-generation biofuels and a transition to second-generation renewable fuels. The series of tight votes is expected to prolong instability in European biofuels policy.

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Responding to a request made by the USDA, the Petroleum Equipment Institute has published estimates of the cost to convert a station dispensing E10 to one that supplies E15. The PEI's estimated costs are lower than those projected by Big Oil.

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Industry leaders at the National Advanced Biofuel Conference & Expo had an adamant, clear-cut message for attendees: if there was ever a time to unite and work together as one force, that time is now.

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Harvesting crop residue for cellulosic ethanol production is consistent with good farm management, according to the latest data from researchers with Iowa State University and USDA. The work was commissioned by Poet-DSM Advanced Biofuels.

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Growth Energy is in the midst of a multi-week, multi-million advertising blitz, fighting back against the misinformation crusade waged by Big Oil. The group recently released the second in a series of ads, as part of its "You're No Dummy" campaign.

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With the European Parliament scheduled to vote on the future of its biofuel policy on Wednesday, representatives of the European biofuels industry are speaking out and asking members of parliament to vote down a cap on first-generation biofuels.

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The team with Genscape LandViewer held to its corn forecast of a month ago projecting a 12.69 billion bushel crop with an average yield of 141.8 bushels per acre, a number that is lower than most analysts' predictions.

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As a precursor to the National Advanced Biofuel Conference and Expo in Omaha, Neb., Sept. 10-12, the Corn Stover Harvest & Transport Seminar hashed over technological, logistical and environmental issues of using corn stover as an advanced biofuel.

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Rex American Resources Corp. recently released financial results for the second quarter of its 2013 fiscal year, the three months ended July 31. The company, which holds ownership interest in seven ethanol plants, reported improved ethanol margins.

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Starting in childhood, ethanol plant employee Johannes Kor received a solid foundation in the ethanol industry from his father, an ethanol industry veteran. He's proud to be a second-generation ethanol producer.

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RFA to co-host ethanol safety seminar in Boardman, Ore.

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By Renewable Fuels Association

September 09, 2013

The Renewable Fuels Association and the Oregon State Police - Office of State Fire Marshal will co-host a free Ethanol Safety Seminar on Sept. 16 at the SAGE Center in Boardman, Ore. There will be a morning session and an evening session.

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The Atlantic Council for Bioenergy Co-operative, in partnership with BioAtlantech New Brunswick, has released a report demonstrating a strong business case for the development of a biofuels industry in the Atlantic region of Canada.

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Guyana's first ethanol plant begins operation

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By Whitefox Technologies Ltd.

September 06, 2013

The first ever biofuel ethanol plant in Guyana was started up and commissioned on Aug. 20. The demonstration unit will use black strap molasses as a feedstock, which is essentially a waste stream, from the Guyana Sugar Corp. Albion Sugar Factory.

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Clemson University researchers focusing on switchgrass as a renewable fuel source are looking to fungi and bacteria to help make cost-competitive biofuels from plant biomass, with the aim of bringing costs down to $3 to $4 per gallon.

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Ethanol Across America has released a new white paper that indicates mid-level ethanol blends offer much greater emission and health benefits than indicated by U.S. EPA models. The three-page document is authored by Steve Vander Griend.

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Members of the European Parliament are set to vote on biofuel policy next week. In the lead-up to the vote, biofuel trade organizations have released studies on food price impacts and indirect land use change emissions.

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In a Thursday morning media call, representatives of the Renewable Fuels Association, Growth Energy, the National Corn Growers Association, and Quad County Corn Processors stressed there is no need to modify the renewable fuels standard (RFS).

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