In Iowa, DTN reports Ingredion will mothball its 45-million-gallon ethanol plant in Cedar Rapids by the end of this month as a result of poor market conditions despite increased production efficiencies at the facility. Other corn-based products including starch, germs and proteins will continue, which is good news for area corn farmers supplying the plant, […]
In Texas, Reuters reports that RIN prices have soared yet again, this time following a lawsuit filed by Valero against Sundive accusing the latter of failing to provide its required Q4 RINs on time, leading to an additional $10 million in costs. The lawsuit was filed on December 31, 2020 in a Texas district court. […]
In Sweden, Wärtsilä will supply two large-scale biogas upgrading plants to different locations in Denmark. The order was placed by Nature Energy, the world’s leading biomethane company. By injecting biomethane – the end product of upgraded biogas – to the gas grid, Denmark will be taking an important step towards its stated ambition of becoming […]
In Colorado, Gevo said that as of December 31, 2020 it had paid off the entire outstanding balance of $12.7 million of Gevo’s 12.0% Convertible Senior Secured Notes exchanged and issued to Whitebox Advisors LLC on January 10, 2020. On December 23, 2020 and December 29, 2020, the holders of the Notes converted the remaining […]
In Iowa, local press reports at a fire broke out at the Hero Biodiesel plant in Clinton early Wednesday morning with flames seen reaching as high as 60 feet in the air. There was concern that the fire would reach the facility’s two methanol tanks, but it was put out in time before further damage […]
In Canada, Western Producer reports that despite Growth Energy’s assurances that the US ethanol industry will recover post-COVID, Rabobank believes otherwise because the industry was already in a difficult position before the pandemic. Although ethanol demand had improved by the end of 2020, down just 12% in November from the same period in 2019, Rabobank […]
In the UK, the Independent newspaper reports Ultra Light Rail Partners has been awarded an £60,000 grant to further develop the BioUltra train, a biomethane powered train that will potentially replace trams and regional trains, focusing on smaller towns and cities. A prototype was released in July and now a 120-passenger train is under development, […]
In India, the Press Trust of India reports that the government’s push to expand feedstocks allowed for ethanol production has capture the imagination of some states, with Bihar, for example, celebrating the move it has been pushing from since 2005. Though the state produces some sugarcane, maize and crop wastes provide a much larger feedstock […]
In New York state, Reuters reports that RINs have soared to three-year highs after the Environmental Protection Agency failed to issue blending volumes for 2021 before the end of 2020 with D6 RINs trading at 79.5 cents on Monday while D4 RINs traded at $1.04. After failing to release the proposed rule earlier this summer […]
In Nebraska, Green Plains Inc. has acquired a majority interest in Fluid Quip Technologies (Fluid Quip) in a joint transaction led by Ospraie Management LLC. The acquisition capitalizes on the core strengths of the partners to develop and implement proven, value-added agriculture, food and industrial biotechnology systems, and to rapidly expand installation of Ultra-High Protein […]
