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December 5, 2012
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The News Source for the Ethanol Industry

  Top Story 
  • Dinneen: Dismantling RFS would have little effect on food costs
    A group of chain restaurants is calling for the repeal of the Renewable Fuel Standard, saying the use of corn for ethanol is driving up food prices. But Bob Dinneen, president and CEO of the Renewable Fuels Association, said the Environmental Protection Agency recently refused a petition for an RFS waiver because doing so would have little effect on corn prices. The price of corn "moves three or four cents on a sneeze on the floor of the Chicago Board of Trade. So waiving this program wasn't going to provide any relief. Ethanol was not driving the price increase," Dinneen said. Voice of America (12/4) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, NYMEX oil, ethanol futures post losses
    March corn settled at $7.52 per bushel Tuesday, down 2.75 cents, on the Chicago Board of Trade. January light sweet crude slipped 86 cents to close at $88.21 per barrel on the New York Mercantile Exchange. December denatured ethanol dropped 0.4 cents to end at $2.424 per gallon on the CBOT. Bloomberg Businessweek (12/4), Nasdaq.com (12/4) LinkedInFacebookTwitterEmail this Story
  • High corn costs are cited in Canadian ethanol plant's receivership filing
    The Amaizeingly Green biorefinery in Collingwood, Ontario, has filed for receivership status, citing high feedstock costs. "It is unprofitable to produce ethanol, and as a result, the plant has essentially been a cash drain since [ethanol] production ceased," said Allan Rutman of Zeifman Partners, the acting receiver and manager of the plant. The facility, which also makes fertilizer and pet food, will keep making those products for the time being, Rutman said. Collingwood Enterprise Bulletin (Ontario) (12/4) LinkedInFacebookTwitterEmail this Story
  • Other News
  Technology & Trends 
  • U.K. researchers to look at biofuel potential of tobacco tree
    Researchers at the Royal Holloway, University of London, have received a grant from the EU to study the biofuel potential of the tobacco tree. The plant's ability to thrive in areas with low rainfall and excessive heat "is a crucial factor," said Paul Fraser, a research fellow at Royal Holloway's School of Biological Sciences. "It means that growing this crop will not be in competition for land space with food crops." DomesticFuel.com (12/4) LinkedInFacebookTwitterEmail this Story
  • Okla. professor seeks to integrate bioenergy in secondary education
    The National Science Foundation Experimental Program to Stimulate Competitive Research has joined an initiative led by Oklahoma State University associate professor Shane Robinson to develop teaching materials that would enable high school students to learn math and science through the context of agriculture and bioenergy development. "Our goal is to raise their awareness of renewable energy and its impact on agriculture in Oklahoma so that they can be informed and make knowledgeable decisions on its utility in the future," Robinson said. DomesticFuel.com (12/4) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Central American nations consider plan to promote ethanol use
    The Central American Integration System is considering promoting ethanol use as a way to reduce the region's reliance on fossil fuels, according to Jorge Vasquez, coordinator of the group's energy unit. One proposal calls for using ethanol in the vehicle fleets of the region's energy ministries to gauge its performance and potential for wider use, Vasquez said. Fox News Latino/EFE (12/4) LinkedInFacebookTwitterEmail this Story
  • Indian sugar mills decry delay in E5 implementation
    The Indian Sugar Mills Association is disappointed at the delay in issuing a formal notification implementing India's 5% ethanol blend rate. The delay could prompt companies to use feedstocks for other products, lessening the availability for ethanol production, the group said. "[Ten] months have already been wasted and in the absence of a gazette notification, manufacturers and suppliers of ethanol are selling alternate products made out of molasses or exporting the molasses or alcohol out of the country," the group added. Business Standard (India) (12/5) LinkedInFacebookTwitterEmail this Story
  RFA & Member News 
  • Preliminary Agenda for NEC is Now Available
    The preliminary agenda for the 18th Annual National Ethanol Conference is now available. This year's program highlights how the ethanol industry continues to evolve to meet the demands of a rapidly changing marketplace. With the RFS under fire and recent natural environment setbacks, the global market-driven atmosphere in which the industry must compete comes with new challenges. Industry leaders and experts will address how we are meeting these new demands by accelerating innovation in technology, marketing, logistics and feedstocks for the production of advanced ethanol. Conference session highlights include: perspectives on the future of the RFS, expanding renewable fuels globally, co-product considerations, tax policies critical to the future of the industry, future fuels and higher octane, and a panel discussion on E15. Don't miss this opportunity. Register for the National Ethanol Conference today. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The forceps of our minds are clumsy things and crush the truth a little in the course of taking hold of it."
--H.G. Wells,
British author


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