Tag: Illinois

September biodiesel production slips from month prior to 147 million gallons

September biodiesel production slips from month prior to 147 million gallons

November 30, 2017 |

In Illinois, just after data was released showing that Argentine biodiesel exports to the US had fallen by 30% during Q3, the Energy Information Administration showed that domestic biodiesel production had fallen slightly in September to 147 million gallons, down from 149 million gallons in August. The fall comes during a period of low soy […]

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Ethanol diverted from Argo for third time this year

Ethanol diverted from Argo for third time this year

November 22, 2017 |

In Illinois, Kinder Morgan’s ethanol storage terminal in Argo is full yet again so trucks are being diverted to the Stony Island terminal for the third time this year. Even though Energy Information Administration data showed that Midwest stocks fell last week, but they were still 1.391 million barrels above last year’s levels. Typically the […]

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RIN prices jump to 11-month high as market realizes RFS won’t be dialed down

RIN prices jump to 11-month high as market realizes RFS won’t be dialed down

October 26, 2017 |

In Illinois, D6 RINs jumped to an 11-month high this week, passing $1 for the first time in that period, on the back of sellers holding on to their RINs now that the Environmental Protection Agency isn’t likely to wind down the blending mandate for 2018 or 2019 following pressure from Midwest legislators. Other RINs […]

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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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