Tag: Illinois

USDA ARS researchers looking into boost cellulosic biofuel yields

USDA ARS researchers looking into boost cellulosic biofuel yields

October 21, 2014 |

In Illinois, at the Agricultural Research Service’s Bioenergy Research Unit in Peoria, one recent research focus has been on determining how switchgrass plant maturity at harvest affects ethanol yields. Chemical engineer Bruce Dien led a study that evaluated samples of two different switchgrass varieties that were harvested at three different points in plant development and […]

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Ethanol prices supported by higher corn futures

Ethanol prices supported by higher corn futures

October 16, 2014 |

In Illinois, ethanol prices are being supported by higher corn prices, which hit a five-week high on Monday of $3.46/bushel. CBOT corn prices have risen 7.25% during the period due to rains in the Midwest during harvest. As a result, ethanol prices hit $1.63/gal on Monday.  

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US ethanol prices may be headed towards a rally

US ethanol prices may be headed towards a rally

October 8, 2014 |

In Illinois, ethanol prices finally saw three stronger back-to-back sessions for the first time since Aug. 21, indicating that prices have potentially hit the floor. Prices have rose more than 7%, or 10 cents per gallon, between Thursday last week and Tuesday this week. Tightening supplies as well as stronger corn prices have helped to […]

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Emerald Biofuels to use UOP’s renewable diesel process for DOD contract

Emerald Biofuels to use UOP’s renewable diesel process for DOD contract

October 1, 2014 |

In Illinois, UOP announced that its advanced process technology will be used to produce renewable diesel for the U.S. military through the U.S. Department of Defense Advanced Drop-in Biofuels Production Project. Emerald Biofuels LLC will use Honeywell’s UOP/Eni Ecofining™ process technology to refine non-edible oils and animal fats into renewable diesel, also known as Honeywell […]

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Tiny Illinois town may host new ethanol plant

Tiny Illinois town may host new ethanol plant

September 30, 2014 |

In Illinois, an undisclosed ethanol project planned for Waltonville will benefit from $1.95 million funding through the U.S. Department of Commerce’s Economic Development Administration to pay for infrastructure. That’s on top of the state’s DoT who has also awarded the town $2 million for road improvements as well as water and sewer investments to help […]

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Ethanol margins shrink as prices fall faster than corn prices

Ethanol margins shrink as prices fall faster than corn prices

September 25, 2014 |

In Illinois, ethanol production has fallen 4.5% on the week to 889,000 barrels a day, the lowest volume since March, as margins begin to squeeze due to ethanol prices falling faster than corn prices. Margins are currently running at about 15 cents per gallon, down from 50 cents a month ago. With the corn harvest […]

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Chicago SME falls to four-year low as traders wait for RFS

Chicago SME falls to four-year low as traders wait for RFS

September 24, 2014 |

In Illinois, Chicago-based soy biodiesel prices fell to a four-year low of $3.0630/gal on Tuesday, hitting the lowest since June 10, 2010 when it fell to $2.7450/gal. Traders remain standoffish until the RFS for 2014 is announced, which would in turn support D4 RIN prices. D4 RIN prices are hovering around 50 cents.  

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Elevance, E-360 collaborate for sales of new Elevance Clean 1200 degreasing product

Elevance, E-360 collaborate for sales of new Elevance Clean 1200 degreasing product

September 22, 2014 |

In Illinois, Elevance has announced a collaboration with E-360 to offer expanded customer support and service capabilities for Elevance Clean 1200 customers. E-360 combines a dedicated team of sales, technical and logistics professionals with a robust web presence, including the ability to place web-based orders, and access to expanded logistics support and services designed to […]

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Aventine secures $40 million loan for working capital and increased borrowing

Aventine secures $40 million loan for working capital and increased borrowing

September 18, 2014 |

In Illinois, Aventine Renewable Energy announced that on Sept. 17 the company secured a $40 million loan and security agreement in partnership with AloStar Bank of Commerce in Birmingham, Alabama, and MidCap Financial LLC in Bethesda, Maryland. The new loan replaces a previous agreement and adds over $10 million of increased borrowing capacity while providing […]

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Illinois Corn Marketing Board leads drive for higher ethanol blends

Illinois Corn Marketing Board leads drive for higher ethanol blends

September 16, 2014 |

In Illinois, Illinois Corn Marketing Board (ICMB) and the American Lung Association (ALA) recently chose Gilbarco Veeder-Root as their partner to help drive the adoption of higher ethanol blend fuel in Illinois. The partnership brings together three industry leaders to provide retailers a one-of-a-kind opportunity to make fuel dispensing equipment compatible with higher blends of […]

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