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January 2, 2013
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The News Source for the Ethanol Industry

  Top Story 
  • "Fiscal cliff" deal would extend cellulosic, algal tax credits
    The "fiscal cliff" deal passed by Congress includes tax-credit extensions for cellulosic biofuels as well as biodiesel and renewable diesel. The deal, which is expected to be signed by President Barack Obama, extends by one year the cellulosic producer tax credit and expands it to algae-based fuel. The cellulosic bonus depreciation, which allows biofuel companies to expense up to half of their eligible capital costs in their first year, was also given a one-year extension. BiofuelsDigest.com (1/2) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, NYMEX oil advance; ethanol futures decline
    Corn for March delivery settled at $6.9825 per bushel Monday, up 0.6%, on the Chicago Board of Trade. February light sweet crude gained 68 cents to end at $91.48 per barrel on the New York Mercantile Exchange. January denatured ethanol slipped 0.4 cents to its lowest settlement price since June 26, at $2.19 per gallon, on the CBOT. Bloomberg Businessweek (12/31), Bloomberg (12/31) LinkedInFacebookTwitterEmail this Story
  • USGC: Demand for DDGS in Japan surged in 2012
    U.S. exports of distillers dried grains with solubles to Japan reached a record high in 2012, according to the U.S. Grains Council. Shipments of DDGS to Japan in the first 10 months of 2012 rose to more than 384,000 metric tons, said Tommy Hamamoto, the USGC's director in Japan. Demand for DDGS in the Asian country is expected to keep rising as Japanese nutrition experts become more familiar with lower-fat DDGS that results from corn oil extraction. EthanolProducer.com (12/31) LinkedInFacebookTwitterEmail this Story
  • Report: U.S. gasoline prices soared to record high in 2012
    U.S. gasoline prices averaged a record $3.60 per gallon last year, nine cents higher than the previous record, set in 2011, according to a report from AAA. Prices were the highest in Hawaii, Alaska and California and the lowest in South Carolina, Missouri and Mississippi, AAA said. "Factors as volatile as major hurricanes, refinery outages and tension in the Middle East resulted in significant frustration for people filling up their cars," said AAA spokesman Avery Ash. Bloomberg (12/31) LinkedInFacebookTwitterEmail this Story
  • Subgrade gasoline is to blame for small-engine damage
    The use of subgrade gasoline by many refiners is likely the main cause of small-engine damage usually attributed to ethanol, writes columnist Susanne Retka Schill. When the ethanol dries up during long-term storage, the subgrade gasoline that remains in the tank can cause problems with the equipment, Schill states. That is why experts recommend that small-engine tanks be drained prior to winter storage, Schill notes. EthanolProducer.com/Throughput Blog (12/31) LinkedInFacebookTwitterEmail this Story
 
  Technology & Trends 
  • Mo. city uses sewer sludge to fertilize biofuel crops
    An innovative farm operated by Kansas City, Mo., uses sewer sludge from the city's wastewater-treatment facility to fertilize corn and soybeans that are harvested and sold to biofuel producers. The city has generated $2.1 million in net income over the past six years from the initiative while reducing incineration costs, officials said. The Kansas City Star (Mo.) (12/30) LinkedInFacebookTwitterEmail this Story
  • 12 advanced-biofuel projects to watch in 2013
    It was a "banner year" for advanced-biofuel developers, who completed six out of seven major projects on time in 2012, writes Jim Lane. However, the progress of 12 "bellwether projects" this year will provide more evidence of whether the industry is on its way to commercialization, Lane notes. Of the 12, nine are in the U.S., one is in Brazil and two are in China. BiofuelsDigest.com (1/1) LinkedInFacebookTwitterEmail this Story
  • Algae can provide a sustainable source of biofuels
    Many chemical companies are looking to algae as a promising source of biofuels. Algal cells are a sustainable source of oil that can be extracted and refined into ethanol for use in gasoline or aviation fuel. Whether grown in shallow lagoons or closed photobioreactors, algae can provide several advantages over other biomass, including fast growth rates and a reliance on seawater. Farmers Weekly Interactive (U.K.) (12/30) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Iranian carmaker adapts engines to run on ethanol blends
    Iranian carmaker IKCO has teamed up with Tarbiat Modares University to adapt its vehicles to run on E5 and E10. Ethanol "increases engine torque, decreases environmental emissions and eliminates MTBE [methyl tert-butyl ether]," said Mehrdad Elyasi, design manager of powertrain and control systems at IKCO's research and development center. AME Info (United Arab Emirates) (12/31) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Birds sing after a storm; why shouldn't people feel as free to delight in whatever remains to them."
--Rose Kennedy,
American philanthropist


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