Tag: Illinois

Illinois Institute of Technology researchers patent cellulosic technologies

Illinois Institute of Technology researchers patent cellulosic technologies

July 26, 2016 |

In Illinois, scientists from Illinois Institute of Technology received a patent for a method to genetically engineer bacteria and yeast to increase bioethanol production, especially from cellulosic material in biomass like twigs, branches, plant stalks and husks, and woodchips. Researchers developed a method to genetically engineer Escherichia coli and Zymomonas mobilis, two bacterial ethanol producers, […]

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First fuel terminal operator to begin selling pre-blended E15 in “game changing” move

First fuel terminal operator to begin selling pre-blended E15 in “game changing” move

July 19, 2016 |

In Illinois, fuel terminal operator HWRT Oil Company is set to begin selling pre-blended E15 at its four terminals in Illinois, Arkansas and Indiana in mid-September, making it the first company to do so. The decision is in response to more fuel retailers offering the fuel, providing demand for pre-blended E15. The company has already […]

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Argonne National Laboratory models best counties benefit most from bioenergy crops

Argonne National Laboratory models best counties benefit most from bioenergy crops

July 14, 2016 |

In Illinois, to help stakeholders in government and business make smart decisions about the best types of land and local climates for planting bioenergy crops, researchers at the U.S. Department of Energy’s (DOE’s) Argonne National Laboratory are using computational modeling to predict which counties could see increases in soil organic carbon from cultivation of crops […]

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R.J. O’Brien hires ethanol VP away from SCB Group

R.J. O’Brien hires ethanol VP away from SCB Group

July 12, 2016 |

In Illinois, Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced that Jordan Stern has joined the firm as Senior Vice President of Ethanol, operating out of Chicago. Stern will be focused on building out the firm’s futures, swaps and physical brokerage capabilities […]

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Ethanol crush margins seen at 14-month highs

Ethanol crush margins seen at 14-month highs

July 7, 2016 |

In Illinois, corn prices continue to fall, helping to boost crushing margins for ethanol producers. As a result, Platts estimates margins to be at a 14-month high of 36.84 cents/gal. Corn prices have fallen more than 23% since mid-June thanks to ideal weather for the growing crop, which will in turn see ethanol producers pump […]

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Ethanol crush margins highest in eight months

Ethanol crush margins highest in eight months

June 28, 2016 |

In Illinois, ethanol producers are benefiting from the highest crush margins seen in eight months thanks to falling corn prices ahead of the next crop and steady ethanol demand from summer driving season. Platts estimates that the price differential converts into a crushing margin of 23.21 cents/gal compared to 23.53 cents/gal last seen last October. […]

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Ethanol production nears high as distilleries end maintenance period

Ethanol production nears high as distilleries end maintenance period

June 9, 2016 |

In Illinois, ethanol production has soared following the end of maintenance season with the second-highest volume produced ever last week at an average of 1.006 million b/d. Plants have invested in boosting production capacity at existing facilities over the past couple of years, keeping the market wondering exactly how much fuel can be produced. It […]

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US ethanol prices deterring exports at 18-month highs

US ethanol prices deterring exports at 18-month highs

June 6, 2016 |

In Illinois, ethanol prices could pull back from an 18-month high as producers ramp up production to take advantage of higher margins. The high prices are already impacting export demand with little or no business being booked at these levels, while the prices could even be high enough to trigger a limited import window until […]

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USDA says April corn and sorghum consumption for ethanol fell

USDA says April corn and sorghum consumption for ethanol fell

June 2, 2016 |

In Illinois, the USDA says corn consumption for ethanol in April fell to 392.4 million bushels from 430.9 million bushels in March and 407.8 million bushels during the same period last year. DDGS production fell in line with ethanol production to 1.702 million tons in April compared to 1.920 million tons in March. Sorghum consumption […]

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Chicago Argo ethanol prices following corn futures higher

Chicago Argo ethanol prices following corn futures higher

June 2, 2016 |

In Illinois, high corn prices are supporting Chicago Argo ethanol prices to an 11-month high of $1.6445/gal, 1.7 cents higher on Wednesday than on Tuesday. Corn prices have risen on the back of a weakening dollar, with currency fluctuations moving around due to uncertainty as to whether the Fed will raise interest rates in June. […]

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