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March 4, 2013
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The News Source for the Ethanol Industry

  Top Story 
  • Obama nominates Moniz for Energy Dept., McCarthy as EPA chief
    President Barack Obama has nominated Ernest Moniz for secretary of energy and Gina McCarthy as head of the Environmental Protection Agency. Moniz, who oversees the Massachusetts Institute of Technology's Energy Initiative, was called a "brilliant scientist" by Obama. McCarthy is currently the head of the EPA's air and radiation office. The Washington Post (3/4) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, ethanol advance; NYMEX oil slips
    May corn gained 5 cents Friday to reach its highest settlement price in three weeks, at $7.085 per bushel, on the Chicago Board of Trade. April light sweet crude settled at $90.68 per barrel, down $1.37, on the New York Mercantile Exchange. April denatured ethanol advanced 0.5 cents to end at $2.414 per gallon on the CBOT. Bloomberg Businessweek (3/1), MarketWatch (3/1) LinkedInFacebookTwitterEmail this Story
  • Neb. ethanol producer faces challenging period
    The Bridgeport Ethanol plant in Nebraska is still running despite posting a net loss for 2012 and January this year, said General Manager Ted Free. "This is a commodity-based business and we're trying to be as efficient as possible, but it's a tough time for industry right now," Free said. The plant has sustained itself by selling its distillers dried grains with solubles directly to nearby feedlots and by finding ways to extract more ethanol from corn. Star-Herald (Scottsbluff, Neb.) (3/2) LinkedInFacebookTwitterEmail this Story
  • Corn seed providers expect healthy sales this year
    Corn seed suppliers expect robust sales this planting season despite some concerns that last year's historic drought will extend into this year. Expectations that this year's corn acreage could be the biggest since 1937 will boost demand for seeds, the companies said. "We've heard some talk by farmers that they might cut back, but it's not turning out to be a big problem. The farmers appear to be optimistic," said Myron Stine, marketing manager for Stine Seed. The Des Moines Register (Iowa) (tiered subscription model) (3/1) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • Sundrop finalizes purchase of land in La. for fuel project
    Colorado-based Sundrop Fuels has completed its $4.75 million purchase of more than 1,213 acres in Louisiana for a pilot-scale "green gasoline" plant. The proposed $500 million facility will use biomass and natural gas to produce the drop-in fuel. Sundrop also bought an adjacent property that it plans to refurbish to serve as its state headquarters, as well as house its maintenance and fabrication operations. The Town Talk (Alexandria, La.) (3/1) LinkedInFacebookTwitterEmail this Story
  • Ohio firms turn plastics, polymers into crude oil substitute
    Ohio-based companies RES Polyflow and Vadxx Energy are using thermal depolymerization to convert post-consumer plastics and polymers into a liquid hydrocarbon that can be processed into gasoline or diesel fuel, writes William Hagstrand, a senior consultant for NorTech. Although waste plastics and polymers are currently not among the approved feedstocks under the Renewable Fuel Standard, their inclusion could widen the options for meeting RFS targets in the future, Hagstrand states. Crain's Cleveland Business/Advanced Energy Blog (3/1) LinkedInFacebookTwitterEmail this Story
  • 3-D printed, ethanol-compatible car in the works
    Kor Ecologic is working on a new version of its lightweight, 3-D printed hybrid Urbee car. The company plans to demonstrate the Urbee 2's efficiency by having it travel from San Francisco to New York on just 10 gallons of ethanol. Ubergizmo.com (3/1) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Rep. Sensenbrenner unveils bill ordering more tests on E15
    Rep. Jim Sensenbrenner, R-Wis., introduced a bill that proposes to block the rollout of E15 and direct the Environmental Protection Agency to partner with the National Academy of Sciences to conduct more tests on the biofuel. In addition, the bill would take away the EPA's ability to approve new fuels until it submits the new E15 evaluation to Congress. Ethanol supporters have repeatedly stressed that E15 underwent extensive testing before EPA approved its use and that it, like other homegrown biofuels, helps cut U.S. dependence on foreign oil while giving consumers more choices at the pump. EthanolProducer.com (3/1) LinkedInFacebookTwitterEmail this Story
  • Exec is hopeful EU's ethanol tariff will be repealed
    The EU's five-year, anti-dumping tariff of $83.03 per metric ton on U.S. ethanol is now in effect. The EU's decision is disappointing, but there is still a good chance the U.S. ethanol industry will get it repealed, said Walt Wendland, president and CEO of Golden Grain Energy and Homeland Energy Solutions. The Renewable Fuels Association and Growth Energy have pledged to fight the decision. EthanolProducer.com (3/1) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Brazil to reinstate 25% ethanol blend rate in May
    Brazil's government officially announced it will increase the nation's ethanol blend rate from 20% to 25% on May 1. The measure was taken "bearing in mind the necessity of guaranteeing the adequate supply of fuel throughout Brazilian territory," according to the official announcement. The move is expected to benefit state-owned Petrobras, which has been losing money importing costly gasoline and selling it at low, government-set prices in the domestic market, analysts said. Platts (3/1) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The man who insists upon seeing with perfect clearness before he decides, never decides. Accept life, and you must accept regret."
--Henri Frédéric Amiel,
Swiss philosopher, poet and critic


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