A plant in South Bend, Ind., filed for Chapter 11 bankruptcy protection on Nov. 9. New Energy Corp. received a letter from the U.S. DOE, asserting a "termination event" of a DOE loan and requested the company cooperate with Chapter 11 proceedings.
Edeniq Inc. has announced that Aemetis, Inc., an advanced fuels and renewable chemicals company, has entered into an agreement to install Edeniq technology at the Aemetis Advanced Fuels Keyes plant in California.
The results of the National Corn Growers Association's Ethanol Rocks Video Contest are in. High school senior Jason Girouard from Brimfield, Mass. received first-place honors and an award of $1,500. Two second-place winners were also named.
Royal Vopak has obtained an International Sustainability and Carbon Certification for multiple sites. The certification is another step to further enhance Vopak's biofuels terminal network and to remain a reliable partner for biofuel customers.
Praj Industries Ltd. is developing a 10 million liter (2.64 million gallon) cellulosic ethanol demonstration plant in India. Praj's announcement came the same day that the India government announced a new five-year plan for biofuel development.
The oldest ethanol plant in Indiana has temporarily idled. "Our goal is to restart the plant and recall our employees but at this point it's hard to say when that will occur," said Russ Abarr, president of New Energy Corp., a 102 MMgy plant.
The Andersons Inc. has released financial results for the third quarter of 2012. For its ethanol group, The Andersons reported an operating loss, but noted in its filing that service income and income from coproducts, partially offset lower margins.
Eco-Energy Inc. and Copersucar S.A. have announced the internationalization of their ethanol operations with a joint investment in Eco-Energy to build and expand their integrated biofuel platform, becoming the largest ethanol trader in the world.
Pacific Ethanol Inc. recently announced it would add corn oil extraction technology to one of its ethanol plants and, separately, that it had secured a new $10 million revolving line of credit from its existing lenders.
Abengoa Bioenergy has selected Telvent GIT S.A. to design, manufacture and program a distributive control system for its 25 MMgy cellulosic ethanol plant under construction in Hugoton, Kan., another sign that the project is steadily moving forward.
With the announcement of new investment from Bunge Global Innovation LLC, Cobalt Technologies' n-butanol development is ready for deployment in Brazil. Bunge's commitment follows an earlier agreement with company in the Solvay group.
Stoel Rives LLP has published a new legal guide for the advanced biofuels and biochemical industries. The guide, titled "The Law of Biorefineries and Advanced Biofuels," is designed for entrepreneurs, investors, lenders and developers.
An international federation of biofuels associations has been fighting biofuel's opponents for the past three years.
New property definitions will change tax treatment of certain repairs
Multiple revenue streams lessen impact of ethanol prices
The Renewable Fuels Association will host a free Ethanol Safety Seminar in Fort Worth, Texas on Nov. 29 at the Fire Service Training Center on the northwest campus of Tarrant County College. There will be a day session and an evening session.
Advanced Ethanol Council Executive Director Brooke Coleman talks controlling the industry's narrative and the delicate challenge of battling ethanol's only customer for market share.
Ethanol Industry executives approach 2013 with optimism and concern.
Valero Energy Corp. has released its latest quarterly financial results. While the company's ethanol segment continues to struggle with high margins, Valero's management seems confident that margins will continue to improve.
Platts, a leading global provider of energy, petrochemical and metals information and a division of The McGraw-Hill Companies Inc., today completed its acquisition of Kingsman SA. The purchase price of the acquisition was not disclosed.
Gevo Inc. has released its financial results for the quarter ended Sept. 30, posting revenues of $600,000 for the quarter. This is a significant reduction compared to the $17.5 million in revenue reported for the same period of last year.
INEOS Bio has announced that its joint-venture project, INEOS New Planet BioEnergy, has reached another milestone and is now producing renewable power using INEOS Bio's feedstock flexible BioEnergy technology.
BP's announcement that it was cancelling its cellulosic ethanol project in Highlands County, Fla., generated a number of statements from members of the Fuels America coalition underscoring the industry's continuing commitment to advanced biofuels.
Valero Renewables has once again idled two of its 10 ethanol plants due to tight margins. The two 120 MMgy plants at Albion, Neb., and Linden, Ind., were idled earlier in the summer, restarted in September and have recently been idled again.
While it's true Green Plains Renewable Energy Inc. reported a $1 million net loss in the third quarter, the company's Oct. 31 conference call highlighted several positives and predicted a profitable fourth quarter.
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