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Telling the good news story about E15

By Holly Jessen

March 11, 2013

Business Markets 

NASCAR's E15 success story needs to be highlighted.

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The speed and magnitude of the recent runup in the price of D6 RINs is "indeed startling," Illinois ag economists Scott Irwin and Darrel Good write in a FarmDoc Daily post, noting the price increase is fundamentally supported by the blend wall.

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Corn imports are up and exports down, supporting higher expected feed and residual disappearance, according to the March 8 World Agriculture Supply and Demand Estimate report.

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Denmark-based Dong Energy has released its 2012 financial results, along with a business strategy through 2020. The company has also announced the expansion of the Inbicon cellulosic ethanol plant.

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Third E15 station opens in Iowa

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By Iowa Renewable Fuels Association

March 08, 2013

The Iowa Renewable Fuels Association today announced that Kountry Korner in Baxter, Iowa, is now offering E15 as a registered fuel, joining Linn Coop Oil in Marion and Fredericksburg Coop in Fredericksburg, in offering the fuel.

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In support of the ethanol industry and targeting emergency responders everywhere, the Renewable Fuels Association partnered with Pinnacle Engineering, Inc., in authoring "Fuel Ethanol: Guideline for Release Prevention and Impact Mitigation."

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Addressing the fourth Annual Growth Energy Executive Leadership Conference, Tom Buis, CEO of Growth Energy, discussed the significant progress the industry has made despite constant attacks and the strategic goals for the upcoming year.

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The last and biggest hurdle to building the BlueFire Renewables cellulosic ethanol plant in Fulton, Miss., is obtaining the necessary debt financing. The company is still actively working to complete the 19 MMgy project.

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ICM Inc. has announced that IGPC Ethanol Inc. of Ontario, Canada has purchased its patent-pending Selective Milling Technology, which includes a license for operation of this latest ICM platform technology.

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Recent heavy snowfalls were most welcome across the Corn Belt. And, while the eastern Corn Belt states of Ohio, Indiana and southern Illinois are now officially out of the drought, much of the western Corn Belt is still in various levels of drought.

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Bloomberg New Energy Finance has published a white paper outlining eight issues it has identified as being central to the biofuels industry in 2013, including fuel mandates, cellulosic biofuel production, blending economics and politics.

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Gevo Inc. has announced financial results for the final quarter of 2012. The company reported revenue of $1.9 for the three months ended Dec. 31, a decrease compared to the $14.2 million reported during the same period of 2011.

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The government of Brazil has published an official notice to increase the mandatory blend level of anhydrous ethanol from to 25 percent, effective May 1. The current blend level is set at 20 percent.

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Interest in the Beta Renewables SpA commercial-scale cellulosic ethanol plant undergoing commissioning in Crescentino, Italy, has been high, attracting nearly 10 tour groups per week.

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Stoel Rives LLP has published a white paper that provides a comprehensive overview of the U.S. EPA's proposed rules for a voluntary renewable identification number (RIN) integrity program.

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Legislation is working its way through the Minnesota state House of Representatives and Senate that would open the door for E15, biobutanol and other biofuels. The underlining objective is to displace 30 percent petroleum by 2025.

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The RFA has packed 40 facts about ethanol into a video that ought to be shared with your Congressional delegation.

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The continual attacks on E15 get frustrating and tiring for those of us that recognize the positives of the fuel.

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President Obama has nominated Ernie Moniz as Secretary of Energy. Moniz is a physics professor at Massachusetts Institute of Technology. A nuclear physicist, Moniz has served as director of MIT's Energy Initiative.

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President Barack Obama nominated a new administrator of the U.S. EPA March 4. Gina McCarthy, current assistant administrator for the EPA's office of air and radiation, is on deck.

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Rob Vierhout, secretary general of ePURE, the European Renewable Ethanol Association, spoke to Ethanol Producer Magazine about the recent European Union decision to impose an $83.03 per metric ton tariff on imported U.S. ethanol.

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For the next five years, U.S. ethanol, and only U.S. ethanol, exported to European Union countries will be subject to an $83.03 per metric ton tariff or duty. It's a disappointing blow for U.S. ethanol producers.

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A bill introduced in the U.S. House of Representatives seeks to repeal the E15 waiver and require additional testing of the fuel, despite extensive testing by the U.S. DOE. Rep. Jim Sensenbrenner, R-Wis., introduced H.R. 875.

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Netherlands-based Rabobank has published an analysis predicting sugarcane production in Brazil's center/south region will rebound strongly during the 2013-'14 harvest, resulting in a significant increase in both sugar and ethanol production.

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IRFA highlights impact of biofuels on Iowa's progress, prosperity

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By Iowa Renewable Fuels Association

February 28, 2013

The Iowa Renewable Fuels Association has released an online version of an industry scrapbook that illustrates how far the renewable fuels industry has come and how profound its impact on Iowa has been over the past decade.

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Mendota Bioenergy LLC, a California energy beet-to-ethanol project, landed a $5 million grant from the California Energy Commission to build a demonstration plant in the Mendota area in Fresno County.

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The U.S. Energy Information Administration has released the February issue of its Monthly Energy Review, which includes ethanol date through Nov. 2012. During the first 11 months of 2012, the U.S. produced 12.209 billion gallons of ethanol.

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The U.S. has become the leading region for Spain-based Abengoa SA's international businesses, the company reported with the release of its 2012 financial statement which shows revenues of EUR 7.78 billion ($10.17 billion).

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Chromatin Inc. and Calgren Renewable Fuels have announced an alliance to develop a local supply chain for sorghum for the production of fuel ethanol and distillers grains. The multi-year agreement covers up to 30,000 acres of sorghum.

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