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January 4, 2013
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The News Source for the Ethanol Industry

  Top Story 
  • Dinneen: Tax-credit extensions are a good way to kick off 2013
    The new year started well for the biofuels industry after several tax incentives received one-year extensions with the passage of the American Taxpayer Relief Act of 2012, according to Renewable Fuels Association President and CEO Bob Dinneen. Although some biofuel advocates wanted longer extensions, the one-year extensions are welcome news given the divisions in the previous Congress, Dinneen said. "I'm hopeful that with a new Congress, we'll be able to be just as successful and will be able to keep the biofuels agenda moving forward," he added. Hoosier Ag Today (Clermont, Ind.) (1/3) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • Sweetwater to supply cellulosic feedstock to Ace ethanol
    Sweetwater Energy and Ace Ethanol have signed a cellulosic-ethanol deal involving a facility that will be completed by next year. Under the terms of the agreement, Sweetwater will build, own and operate a facility that will supply cellulosic feedstock to Ace, and more such facilities could be built to support Ace's production facility in Wisconsin. "Ace Ethanol has been bench testing Sweetwater's cellulosic material for some time and we're confident that this project will be commercially profitable," said Ace President and General Manager Neal Kemmet. "With Sweetwater, we'll move from 100% corn to a combination of corn starch and 7% cellulosic sugar as our feedstocks." (1/4) LinkedInFacebookTwitterEmail this Story
  • Midwest dry spell may abate in next 3 months
    As of Jan. 1, 42.05% of the continental U.S. was under at least severe drought, down from 42.45% the week before, according to a U.S. Drought Monitor report. Conditions in the Midwest improved slightly last week, and further improvement in the next three months is possible across the region and in the northern-tier states that include Minnesota, North Dakota and Montana, the report showed. Reuters (1/3) LinkedInFacebookTwitterEmail this Story
  • Analysis: Ethanol profit margins to remain low in 2013
    The drought-induced rise in corn prices will continue to drive down ethanol producers' profit margins in 2013, according to a policy brief by Bruce Babcock, director of the Center for Agricultural and Rural Development at Iowa State University. Because of high production costs and the E10 blend wall, many obligated parties are expected to draw on banked renewable identification numbers to meet their commitments under the Renewable Fuel Standard, the analysis showed. (1/3) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • Cellulosic production tax credit benefits feedstock growers
    Feedstock producers are the immediate beneficiaries of the one-year extension of the cellulosic biofuel production tax credit, writes Jim Lane. Data gathered by Biofuels Digest indicate that cellulosic biofuel developers can survive even without the tax credit, Lane states. "How much does a $1.01 per gallon tax credit mean to a grower? For a reference-size project that gets 80 gallons of ethanol from per ton of biomass, there's $80.80 per ton of biomass in that PTC. At 5 tons per acre per year, that's $404 per acre, up for grabs," Lane explains. (1/3) LinkedInFacebookTwitterEmail this Story
  • Report: Venture capital investments in clean tech fell in 2012
    Venture capital investments in clean technology worldwide slumped to $6.46 billion in 2012, down 33% from 2011, according to research and consulting firm Cleantech Group. The leading industry last year in terms of amount invested was biofuels and biochemicals at $952 million, followed by transportation at $927 million, the report showed. The declining cost of natural gas and the global economic downturn drew away investors in 2012, said Cleantech Group CEO Sheeraz Haji. San Jose Mercury News (Calif.) (free registration) (1/3) LinkedInFacebookTwitterEmail this Story
  • Tenn. switchgrass growers hold out hope for biofuel project
    All of the production contracts entered into by farmers in Tennessee for a pilot switchgrass-to-ethanol project with Genera Energy are due to expire at the end of this year's harvest, but some of the growers are still hopeful that the project will move beyond the experimental phase and establish a market for their switchgrass. Genera President and CEO Kelly Tiller says the construction of a cellulosic ethanol plant by Genera's partner, DuPont Danisco, in Vonore, Tenn., shows that the project is still on track. "The message is exactly the same ... that this is the plan and this is the sizable opportunity that is coming down the road," Tiller said. The Knoxville News-Sentinel (Tenn.) (free registration) (1/3) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Shaw: Cellulosic tax credit will be useful when plants go online
    The newly extended cellulosic biofuel production tax credit will be of use later this year or in 2014 when cellulosic biofuel plants under construction in Iowa are due to enter service, said Monte Shaw, executive director of the Iowa Renewable Fuels Association. "The credit will stimulate some sales after the new plants begin producing," said Shaw, referring to facilities being built in the Iowa towns of Nevada, Emmetsburg and Blairstown. "We were glad to see that ethanol's voice still is heard in Congress," Shaw said. The Des Moines Register (Iowa)/Green Fields blog (1/3) LinkedInFacebookTwitterEmail this Story
  • Biofuels industry praises departing EPA administrator
    When Lisa Jackson steps down as administrator of the Environmental Protection Agency later this month, the ethanol industry will lose a staunch supporter. Jackson has earned praise for several EPA decisions that have benefited the industry. "The Obama administration deserves great credit for approving the use of E15, denying waiver petitions [to change the RFS] and generally for moving the agenda for biofuels forward," said Renewable Fuels Association President and CEO Bob Dinneen. Midwest Energy News (1/4) LinkedInFacebookTwitterEmail this Story
  • BCAP's usefulness might be limited this year, USDA adviser says
    Although Congress extended the Biomass Crop Assistance Program through 2013, the program's funding for new contracts is still "unknown at this time," said Todd Atkinson, senior energy adviser for the Department of Agriculture's undersecretary of Farm and Foreign Agricultural Services. "Transitioning BCAP to the appropriations cycle will be challenging to coordinate with crop cycles and planting seasons," he said. (1/3) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Brazilian ethanol exports climbed 55% in 2012
    Brazil shipped out 804 million gallons of ethanol last year, up 55% from 2011 and the most since 2009, according to data issued by the country's ministry of foreign trade. Brazil exported about 122 million gallons of ethanol last month, a record for the month and the second-biggest monthly total in 2012, the agency said. The biggest destinations were the U.S., Jamaica, South Korea and Japan. Platts (1/3) LinkedInFacebookTwitterEmail this Story
  RFA & Member News 
  • Why You Should Attend the National Ethanol Conference
    The National Ethanol Conference is recognized as the preeminent conference for delivering accurate, timely information on marketing, legislative and regulatory issues facing the ethanol industry. Read why others continue to attend this event year after year. "This will be the eighth consecutive year that I have attended NEC and it is the single most important event that I attend each year for my work in the ethanol industry. The program helps me learn about both the technical and policy issues facing the ethanol industry. Even more important, the conference provides the best opportunity all year to meet with and learn from the many opinion leaders in the industry that attend," said David L. Bracht, partner at Husch Blackwell. Learn more and register. LinkedInFacebookTwitterEmail this Story
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Beware the fury of a patient man."
--John Dryden,
British poet, critic and playwright

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