Tag: Illinois

Argo ethanol premium falling for no real reason

Argo ethanol premium falling for no real reason

October 2, 2017 |

In Illinois, the Argo premium over Chicago paper traded ethanol slipped last week, leaving the market unsettled with little clarity as to the shift in prices, despite recovering recently from lower prices in August when positions were swapped during front-month rolling. Ethanol production remains high but fell below 1 million barrels per day on average […]

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Midwest corn harvest pushes ethanol margins to nine-month highs

Midwest corn harvest pushes ethanol margins to nine-month highs

September 26, 2017 |

In Illinois, with the onslaught of the corn harvest, prices are falling and in turn crush margins are improving, reaching a nine-month high. Poor margins earlier in the year had negative impacts on Q2 reporting in July for several independent producers such as The Andersons, Green Plains, and Pacific Ethanol. With RIN prices rebounding to […]

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Ethanol industry forcing consolidation in order to squeeze out inefficient producers

Ethanol industry forcing consolidation in order to squeeze out inefficient producers

September 25, 2017 |

In Illinois, major ethanol producers are looking to boost production in order to squeeze out more inefficient producers, causing consolidation in the industry that is facing challenges in light of an uncertain policy framework and international demand. This year, producers have installed more capacity than during the past six years, allowing efficient producers to take […]

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Analysts see China turning to imports ahead of production ramp up to achieve E10

Analysts see China turning to imports ahead of production ramp up to achieve E10

September 14, 2017 |

In Illinois, PIRA Energy believes that China will have to look to ethanol imports during the first years of its E10 blending mandate until it’s able to ramp up production to match the new demand. Between 1.1 billion and 2 billion gallons of ethanol production could be currently mothballed that needs to be restarted in […]

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Boeing 747 could fly 10 hours on 54 acres of lipidcane

Boeing 747 could fly 10 hours on 54 acres of lipidcane

September 12, 2017 |

In Illinois, a Boeing 747 burns one gallon of jet fuel each second. A recent analysis from researchers at the University of Illinois estimate that this aircraft could fly for 10 hours on bio-jet fuel produced on 54 acres of specially engineered sugarcane. Plants Engineered to Replace Oil in Sugarcane and Sweet Sorghum (PETROSS), funded […]

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Argonne national lab calls for Chain Reaction Innovations applications

Argonne national lab calls for Chain Reaction Innovations applications

September 6, 2017 |

In Illinois, the U.S. Department of Energy’s (DOE) Argonne National Laboratory announced the opening of applications for innovators to join the second cohort of Chain Reaction Innovations (CRI), a novel entrepreneurial training program that goes beyond a traditional incubator or accelerator. The program provides promising post-doctoral innovators access to the technical tools only found at […]

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US Grains Council toured Mexican media around ethanol industry to promote trade

US Grains Council toured Mexican media around ethanol industry to promote trade

September 4, 2017 |

In Illinois, the US Grains Council arranged for a group of Mexico-based energy and economy media members to travel to Denver and Chicago in late August to learn about U.S. ethanol production, integration in the agricultural economy as well as regulation and standards. The team visited the National Renewable Energy Laboratory in Denver, Colorado, as […]

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University of Illinois researchers look at biofuel processing catalyst made from palladium metal and bacteria

University of Illinois researchers look at biofuel processing catalyst made from palladium metal and bacteria

August 29, 2017 |

In Illinois, fuels that are produced from nonpetroleum-based biological sources may become greener and more affordable, thanks to research performed at the University of Illinois’ Prairie Research Institute that examines the use of a processing catalyst made from palladium metal and bacteria. Published in the journal Fuel, their findings point to a cheaper, more environmentally […]

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New Holland shows off its methane-powered concept tractor

New Holland shows off its methane-powered concept tractor

August 28, 2017 |

In Illinois, New Holland says this its methane-powered concept tractor could reduce fuel costs by 30% with the same power and torque as its diesel-fueled line. The tractor has 80% lower emissions and 10% lower CO2 emissions. The tractor runs on upgraded biogas, meaning that on-farm biogas would require additional refining in order to be […]

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D4 RINs and soy oil prices spike following duty announcement on biodiesel imports

D4 RINs and soy oil prices spike following duty announcement on biodiesel imports

August 23, 2017 |

In Illinois, D4 RINs spiked to the year’s high of $1.20 following the news that the Department of Commerce would lob anti-dumping and countervailing duties on biodiesel imports from Argentina and Indonesia, up from $1.11 ahead of the announcement, but they slipped back to $1.15 as the market absorbed the news. Soy oil prices also […]

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