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Posts related to ‘ethanol’

Biofuel Cans

Ethanol Production Up, Corn Crop Still in Question

The U.S. Energy Information Administration (EIA) has released its annual report on U.S. ethanol production capacity for 2013. The 193 U.S. ethanol plants have a total capacity of 903,000 barrels ...
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Sugar

Sugar-for-Ethanol Purchase Now One Step Closer

The U.S. Department of Agriculture has sent a proposal to President Obama spelling out the details of a sale of as much as 400,000 tons of surplus sugar to U.S. ...
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Gasoline pump

Ethanol Supply, Demand Dwindles, but Price Remains High

U.S. drivers are using less gasoline than they were five years ago, due primarily to improved mileage ratings on new cars and fewer miles driven. Contributing to the lower demand ...
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Biofuel Cans

Brazil Slashes Ethanol Tax

Brazil is the world’s largest producer of ethanol, which the country’s producers make from sugar cane stalks. The bad news is that lower petroleum prices have cut demand for ethanol ...
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Biofuel Cans

EPA Proposes New Mandate for Biofuels (KIOR, GEVO, SZYM, CDXS, AMRS)

The U.S. Environmental Protection Agency (EPA) yesterday proposed new rules and percentage standards for 2013 biofuel consumption. The agency wants U.S. drivers to use 16.55 billion gallons (about 394 million ...
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Ethanol Mandate About to Burn Out? (ADM, VLO)

Falling U.S. demand for gasoline has combined with high corn prices to force the closure of several U.S. ethanol plants. Ethanol makers are actually losing money on every gallon of ...
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Corn Prices Tumble on Low Exports

In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That’s a 12% ...
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Valero Beats Estimates, Will Study Spin-Off of Retail Business

Valero Energy Corp. (NYSE: VLO) reported second-quarter earnings per share (EPS) of $1.50 on $34.66 billion in revenue this morning. EPS was up sharply from $1.31 in the same period ...
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Another Biofuel IPO Shelved

For the second time this year, a start-up company has shelved a planned IPO. This time its Coskata Inc., an Illinois-based company that manufactures ethanol from any carbon-based material. In April, ...
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The Ethanol Paradox: Higher Prices on Lower Demand

Hot, dry weather in the nation’s main corn-growing region have pushed corn prices to nearly $7.80/bushel this morning, a level not reached since last September. About 40% of the US ...
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Another Shattering Secondary Offering for Renewable Fuels (PEIX, GEVO, BIOF, GPRE)

Ethanol producer Pacific Ethanol Inc. (NASDAQ: PEIX) is watching investors crush the company’s stock following this morning’s announcement of a secondary offering of 28 million units at a price of ...
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Firms Approved to Make E15 Ethanol (ADM, BIOF, VLO)

The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. ...
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Verenium Soars on Asset Sales (VRNM, CDXS, SZYM)

Enzyme commercialization company Verenium Corp. (NASDAQ: VRNM) has announced the sale of several of its assets to Dutch firm DSM Food Specialties B.V., a business group of Royal DSM. The ...
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Cargill to Boost Ethanol Production (ADM, VLO, GPRE, ANDE, PEIX)

There are more than 200 ethanol refineries in the US with a total nameplate production capacity of nearly 15 million gallons/year. One of the largest producers, privately-held Cargill, plans to ...
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US Ethanol Subsidy is History (ADM, VLO, PEIX, GPRE, CZZ, RDS-A)

After 30 years of payments to farmers and blenders, the federal subsidy on corn-based ethanol expired when Congress adjourned last week without taking any action to renew the payments. A ...
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