Author Archive: Jim Lane

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Comet Biorefining picks up $10.9M SDTC Grant for low-cost, non-food, bio-based sugars project

Comet Biorefining picks up $10.9M SDTC Grant for low-cost, non-food, bio-based sugars project

March 8, 2016 |

In Canada, Sustainable Development Technology Canada awarded Comet Biorefining a CA$10.9 million grant for the construction of its first-of-a-kind advanced bio-based chemicals plant. Located in Sarnia, Ontario, the plant will use proprietary conversion technology to transform corn stover, an agricultural residue, into high-purity dextrose sugar. What does Comet make, and why is that important? Bottom […]

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Digest Bioeconomy Index gains 1.11 percent to 50.96 as oil prices close above $40

Digest Bioeconomy Index gains 1.11 percent to 50.96 as oil prices close above $40

March 7, 2016 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, gained 1.11 percent to 50.96 as oil prices closed above $40.  For the day, Abengoa (ABGB) rocketed up another 38.88 percent to $1.47 on good news in the bankruptcy negotiations, while Renewable Energy Group (REGI) was up 4.36 percent to $8.38. Among other […]

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“Lack of collateral” damage: Abengoa’s descent into fiscal hell, and its hopes for redemption

“Lack of collateral” damage: Abengoa’s descent into fiscal hell, and its hopes for redemption

March 7, 2016 |

Digest readers will have noted that Abengoa shares jumped 41% on Friday and another 38 percent in Monday morning trading. What’s the good news? Let’s review. The state of play For Abengoa Bioenergy, a break-up and sale. Last week, we reported that potential buyers of Abengoa Bioenergy’s six first generation ethanol facilities have been looking […]

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Whatever happened to jatropha, and all those other wonder feedstocks?

Whatever happened to jatropha, and all those other wonder feedstocks?

March 6, 2016 |

As we begin to prepare for the annual Advanced Bioeconomy Feedstocks & Supply Chain event in Miami this June, you might find yourself asking whatever happened to some of the feedstock darlings like jatropha. If jatropha faltered, never mind, went the argument, we’ll always have switchgrass. Or giant miscanthus, or pongamia, or poplar, or camelina. […]

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Wholesale E85 ethanol prices drops to $0.68 per gallon

Wholesale E85 ethanol prices drops to $0.68 per gallon

March 6, 2016 |

In Iowa, the Iowa Renewable Fuels Association is reporting that wholesale E85 pricing has dropped as low as $0.68 per gallon, as the group re-launched its E85 Wholesale Price Listing Program is available here.

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Hawaiian Electric Companies report record renewable energy use 

Hawaiian Electric Companies report record renewable energy use 

March 6, 2016 |

In Hawaii, the Hawaiian Electric Companies are reporting that Hawai‘i Island led the state with 48.7 percent of customer electricity use coming from renewable resources in 2015. Maui County, including Moloka‘i and Lāna‘i, recorded 35.4 percent and O‘ahu achieved 17.2 percent of electricity used from renewable energy  The Hawaiian Electric Companies reported the data in […]

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Vilsack: charges that the US Administration is not supportive of biobased industries “incredibly maddening” 

Vilsack: charges that the US Administration is not supportive of biobased industries “incredibly maddening” 

March 6, 2016 |

In Washington, USDA Secretary Vilsack went on the offensive for the Obama Administrations support of the bioeconomy, saying that “It is incredibly maddening to me, given all of the facts I have just outlined, that anybody who has any knowledge of what’s going on, would suggest that this Administration has not been supportive. That is […]

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Mid American Agri Products/Wheatland adopts Edeniq Cellunators 

Mid American Agri Products/Wheatland adopts Edeniq Cellunators 

March 6, 2016 |

In Nebraska, Mid American Agri Products/Wheatland has installed Edeniq’s Cellunator technology at its ethanol and biodiesel plant located in North Platte. The Cellunator milling equipment will increase the plant’s 44 million gallons per year (MGPY) of ethanol production capacity by pretreating the corn slurry to liberate additional starch. The MAAPW facility also produces three MGPY […]

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US ethanol production dips to 15.04 billion gallon rate

US ethanol production dips to 15.04 billion gallon rate

March 6, 2016 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association,, ethanol production averaged 987,000 barrels per day (b/d)—or 41.45 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production stood at 981,000 b/d for an annualized rate of 15.04 billion gallons. Stocks of ethanol […]

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American Petroleum Institute to pivot from RFS repeal to reform

American Petroleum Institute to pivot from RFS repeal to reform

March 6, 2016 |

In Washington, in an interview with POLITICO Pro Energy’s Morning Energy, American Petroleum Institute CEO Jack Gerard stipulated that his organization was pivoting its strategy toward reforming the Renewable Fuel Standard rather than continuing to call for an outright repeal. API said his group will target a sunset of the RFS after 2022 or a […]

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