In Washington, US ethanol production averaged 857,000 barrels per day (b/d) — or 35.99 million gallons daily. That is up 14,000 b/d from the week before and tied for highest of the year. The four-week average for ethanol production stood at 853,000 b/d for an annualized rate of 13.08 billion gallons. Stocks of ethanol stood [...]
In France, the International Energy Agency released its 2013 Mid-Term Oil Market Report, projected that US ethanol growth will stall almost completely through 2018 due to political opposition to the US Renewable Fuel Standard, the ethanol blend wall, stalling gasoline demand, and rising feedstock costs. “Though there is no clear indication the RFS2 will be [...]
In Florida, Dyadic reports a net loss of $1.5 million for the quarter ended March 31, 2013 compared to a a net loss of $781,000 in Q1 2012. Dyadic’s cash and cash equivalents increased 3% to $4.1 million at quarter end, when compared to the cash balance of $4.0 million as of December 31, 2012. [...]
In Washington, the Renewable Fuels Association (RFA) announced Dawn Schueller Moore as head of communications. Moore previously served as Sen. Herb Kohl’s (D-WI) press secretary.