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Dyadic releases annual results, calls 2014 a turning point

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By Erin Krueger

March 16, 2015

Business Operations 

Dyadic International Inc. recently released 2014 financial results, reporting revenue of $12.5 million, down from $17.1 million the prior year. The decrease is primarily attributed to a $6 million BASF upfront license fee in 2013.

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What's holding up approvals for modified microorganisms?

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In the current tight ethanol margin environment, strong distillers grains markets have partially offset some of the pressures of the energy market. Economists examine factors influencing distillers grains pricing in a recent FarmDoc Daily post.

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Aemetis Inc. has released 2014 financial results, reporting record revenues of $208 million, up from $178 million in 2013. Record adjusted EBITDA was $30 million in 2014, up from $10 million in the prior year. Gross profit was $37 million last year.

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Environmental Entrepreneurs (E2) recently released its fourth quarter and year-end 2014 jobs report, which shows continued growth of clean energy and clean transportation jobs in the U.S.

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Data Breach: No Company Immune

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By Kathleen Rice

March 12, 2015

The same technology that can help an energy company develop or market energy resources, or a financial institution manage accounts could be compromised in a data security incident, potentially jeopardizing information security, writes Kathleen Rice.

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The news media's only job is to find the truth, 100 percent of the time. Even when it's not the truth they find most interesting, writes Ron Lamberty of the American Coalition for Ethanol.

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Although most U.S. trade with Cuba has been severely restricted since the 1960s, Cuba does buy limited amounts of agricultural products from the United States, including corn and distillers dried grains with solubles (DDGS).

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Oregon Gov. Kate Brown has signed S.B. 324 into law. The bill removes the Dec. 31, 2015 sunset date from the state's Clean Fuels Program. By signing S.B. 324, Brown has allowed the program to be implemented past the end of this year.

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A partnership between Iowa State University and the City of Cedar Rapids will explore opportunities for expanding the success of the region's agricultural and bioprocessing industries.

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Fuels America recently hosted a media event featuring leaders in the U.S. ethanol industry responding to a call from the American Petroleum Institute, the Environmental Working Group and ActionAid to dismantle the renewable fuels standard (RFS).

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Ergon BioFuels LLC recently announced that it has entered into a comprehensive services arrangement with Gavilon to originate and market grain at the company's Vicksburg, Mississippi, facility, which is expected to restart operations in May.

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The U.S. Energy Information Administration has published the March issue of its Short-Term Energy Outlook, increasing its forecasts for both 2015 and 2016 ethanol production. The U.S. is now expected to produce 947,000 barrels per day this year.

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The 2015 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, has released its highly anticipated agenda featuring more than 140 speakers and four comprehensive tracks. The event takes place June 1-4 in Minneapolis.

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In January, Canada experienced a market hindrance related to the pelletization of feeds containing distillers dried grains with solubles (DDGS), which affected the sale of the product into Ontario. The U.S. Grains Council responded immediately.

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Gevo Inc. has announced that the National Aeronautics and Space Administration has purchased Gevo's renewable alcohol-to-jet fuel (ATJ) for aviation use at the NASA Glenn Research Center in Cleveland, Ohio.

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USDA lowered the projected corn ending stocks in the March World Agriculture Supply and Demand report by 50 million bushels. Corn use for ethanol production is now project to be 5.20 billion bushels for the current marketing year.

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Green Plains Inc. has announced that its newly formed subsidiary, Green Plains Partners LP, has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission.

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Brazil has announced plans to increase the ethanol blend in gasoline from 25 percent to 27 percent, effective March 16. UNICA, the Brazilian sugarcane industry association, called the government's announcement a positive decision.

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Georgia Gov. Nathan Deal has recognized Hydro Dynamics Inc., headquartered in Rome, Gerogia, with a GLOBE Award for entering one or more new international markets in 2014. Hydro Dynamics entered markets in Argentina and China last year.

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Legislation that aims to repeal the Dec. 31, 2015 sunset date of Oregon's Clean Fuels Program has been sent to the governor for consideration. The bill, S.B. 324, was passed by the Oregon House of Representatives on March 4 by a single vote.

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As America marks the 102nd anniversary of tax breaks for oil companies this week, the Fuels America coalition is launching a "Clean, Secure American Energy" campaign that will highlight the success of the renewable fuel standard (RFS).

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Pacific Ethanol Inc. has released 2014 financial results, reporting record net sales, gross profit, operating income, adjusted EBITDA and gallons sold. Neil Koehler, CEO of Pacific Ethanol, called 2014 a pivotal year for the company.

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Florida Gulf Cost University officials recently held groundbreaking ceremonies for the Emergent Technologies Institute, a new research campus that will team academics and private sector partners to study and incubate renewable energy technology.

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Wyoming Gov. Matthew H. Mead recently signed a bill into law imposing a fuel tax on previously exempt alternative fuels such as biodiesel and ethanol. The new rate of taxation on alternative fuels beginning July 1 is 24 cents per gallon.

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The U.S. ethanol industry came off its best streak of profitability in January, one that ran 95 consecutive weeks without a loss for the model Iowa plant used to estimate and track industry profitability.

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The North Dakota Alliance for Renewable Energy has published results of a statewide public opinion survey on renewable energy and energy efficiency. Ethanol was one of the renewable energy types addressed in the survey.

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Lallemand announces patent approval

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By Lallemand Biofuels & Distilled Spirits

March 05, 2015

Lallemand Biofuels & Distilled Spirits and Mascoma LLC are proud to announce that Lallemand has been awarded a patent for the technology that is used in TransFerm Yield+.

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Step change for screening could boost biofuels

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By Institute of Food Research

March 05, 2015

Researchers at the Institute of Food Research have developed a new way of rapidly screening yeasts that could help produce more sustainable biofuels. The technique could also aid in the search for new ways of deriving valuable renewable chemicals.

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NREL refines method to convert lignin to nylon precursor

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By National Renewable Energy Laboratory

March 05, 2015

A new study from the Energy Department's National Renewable Energy Laboratory demonstrates the conversion of lignin-derived compounds to adipic acid, an important industrial dicarboxylic acid.

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