Abengoa Bioenergy SA reported first quarter revenues of EUR 1.85 billion ($2.42 billion), an increase of 19 percent compared to the same quarter a year ago. Earnings before interest, taxes, depreciation and amortization were up 20 percent.
Legislation in Florida that aims to alter the state's renewable fuel standard (RFS) is awaiting action from Gov. Rick Scott. The bill, H.B. 4001 was introduced in December by state Reps. Matt Gaetz and Keith Perry.
Brazilian ethanol imports in 2013 are larger than earlier forecast at 600 million gallons, compared to 400 million gallons, according to University of Illinois economists Scott Irwin and Darrel Good.
NREL researchers use enzyme combination to break down biomass
By National Renewable Energy Laboratory
May 03, 2013
Enzymes could break down cell walls faster, leading to less expensive biofuels for transportation, if two enzyme systems are brought together in an industrial setting, new research by the National Renewable Energy Laboratory suggests.
The first quarter financial results of Archer Daniels Midland Co. were a mixed bag, with the ethanol segment showing improved margins while oilseeds earnings were reduced. Net earnings for the quarter ending March 31 were $268 million.
Do you know someone that deserves recognition for the work they do in the ethanol industry? Tell us about it!
Valero Energy Corp. has released its financial results for the first quarter of 2013, reporting an operating income of $14 million for its ethanol segment, a $5 million increase over the $9 reported during the same period of 2012.
New yeast strain could lower cellulosic ethanol cost
By USDA Agricultural Research Service, Ann Perry
May 02, 2013
A new strain of yeast that could help streamline cellulosic ethanol costs and production has been developed by USDA researchers. The team determined that this yeast strain can break down and ferment the sugars in corn cobs after xylose extraction.
Global energy and commodity price reporting agency Argus has launched the Argus India ethanol assessment to meet growing demand for price references and transparency in the market.
With a fresh investment from Brazil's GranBio, American Process Inc. is poised to develop its first commercial-scale cellulosic biorefineries in both the U.S. and Brazil. API CEO Theodora Retsina, said the companies hope to break ground in 2014.
Several biofuel trade organizations have weighed in on white paper published by the House Energy and Commerce Committee on the impact the renewable fuel standard (RFS) has had on the U.S. agricultural sector.
A recent survey of the ethanol industry revealed improved ethanol yields and energy efficiency from 2008 through 2012. Water use dropped during the over the time frame, while corn oil extraction increased by nearly five times.
Brazil's Agricultural Trade Office has filed its annual sugar report with the USDA Global Agricultural Information Network. According to the document, Brazil's marketing year 2013-'14 sugarcane crop is forecast to reach 640 million metric tons.
Canergy LLC has announced that the selection of Chemtex and Beta Renewables for the development of its 25 million gallon a year cellulosic biofuels facility to be located in the Imperial Valley of California.
A bill proposed Rep. Jim Sensenbrenner, R-Wis., that would put E15 on hold for another round of studies was evaluated by the Congressional Budget Office. The cost evaluation followed the bill's passage in a full committee markup on April 11.
Legislation recently introduced in the U.S. Senate aims to level the energy playing field between fossil and renewable energy projects by allowing investors in renewable energy projects access the corporate structure of master limited partnerships.
A group of fourteen U.S. senators have sent a letter asking the acting U.S. trade representative and acting secretary of commerce to consider a World Trade Organization challenge to the five-year duty imposed on U.S. ethanol exported to the Europe.
More than 100 organizations have delivered a letter to the leaders of the House and Senate Agriculture Committees urging them to adopt a new Farm Bill with robust mandatory funding for renewable energy and energy efficiency programs.
Novozymes has released its interim financial report for the first quarter of 2013. While bioenergy enzyme sales were down, the company reported that sales of its recently launched Avantec product are expected to increase this year.
When you think of Neil Young, I'm betting the environment isn't the first thing that pops into your mind. Maybe it should.
Advanced Biofuels Corp. has bought a legacy 7 MMgy ethanol plant in Moses Lake, Wash., with plans to retrofit existing systems and install new pretreatment process equipment, converting the facility into a 6 MMgy advanced ethanol facility.
The U.S. Energy Information Administration has published the April issue of its Monthly Energy Review, showing a slight decrease in ethanol production in January.
CME Group has announced the launch of nine new futures contracts for renewable identification numbers (RINs). These contracts will be listed with, and subject to, the rules and regulations of NYMEX.
The Pew Charitable Trusts has published the 2012 edition of its "Who's Winning the Clean Energy Race?" report. The analysis offers an update of Pew's reports tracking clean energy investments over the past nine years.
University of Wisconsin-Madison chemists have identified an approach to use oxygen gas to convert lignin, a byproduct of biofuel production, into a form that could allow it to replace fossil fuels as a source of chemical feedstocks.
Buffalo Lake, Minn.-based Purified Renewable Energy LLC filed a voluntary petition for Chapter 11 bankruptcy on March 24. A few weeks later, on April 8, the company filed a complaint against its former CEO and and chief financial officer.
News of ethanol plant restarts and improved profitability is building some cautious optimism about the state of the ethanol industry in recent weeks, with most of the plants idled during last year's drought resuming production.
Odebrecht is making preparations for second generation ethanol production and plans to construct a demonstration plant in Brazil. VTT acts as Odebrecht's research partner, tasked with developing the technology used in the company's processes.
Poet Biorefining - Macon has resumed ethanol and Dakota Gold distillers grain production and has now added Voila corn oil to its product mix. The 45 MMgy ethanol plant suspended operations on Feb. 1.
The comment period of the U.S. EPA's proposed rules for a voluntary renewable identification number (RIN) integrity program closed on April 18. The proposed rule creates a structured process for buyers of RINs to verify their validity.
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