Tag: Illinois

Chicago Argo ethanol prices fall to lowest level in 15 years

Chicago Argo ethanol prices fall to lowest level in 15 years

December 12, 2018 |

In Illinois, Platts reports that prices for Chicago Argo ethanol have fallen to $1.1725/gal the lowest level seen in 15 years. Healthy margins kept ethanol producers pumping out more than a billion barrels per day well past the peak summer driving season but that have since fallen into negative margins at around minus 16.41 cents/gal […]

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Marquis Energy to install FQPT SGT System at Hennepin facility

Marquis Energy to install FQPT SGT System at Hennepin facility

December 5, 2018 |

In Illinois, Marquis Energy, one of the premier ethanol producers in the U.S., is installing the Fluid Quip Process Technologies Selective Grind Technology at the Hennepin, Illinois, facility.  The Hennepin FQPT SGT System will be the largest installation to date at an ethanol facility worldwide. FQPT has installed 15 SGT systems producing over 1.2 billion […]

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Ethanol prices slide to 13.5 year lows on expectations EPA won’t raise 2019 blending

Ethanol prices slide to 13.5 year lows on expectations EPA won’t raise 2019 blending

November 28, 2018 |

In Illinois, Platts reports that ethanol prices fell on Tuesday to the lowest level in more than 13 years at $1.1935/gal on the news that the Environmental Protection Agency wasn’t going to reallot RINs that had been waived under the controversial hardship waiver program and that volumes to be released by Friday would be in […]

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Ethanol prices ease away from 13-year lows as plants shutter production

Ethanol prices ease away from 13-year lows as plants shutter production

November 15, 2018 |

In Illinois, Platts reports that expectations that production will ease on the back of low prices had an immediate impact on Argo ethanol prices, lifting them from 13-year lows to $1.2405/gal on Wednesday from $1.2175/gal on Tuesday. There is little fundamental support to be found in the market with the seasonal low demand period approaching […]

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Bearish ethanol production data pushes CBOT December corn near to 100-day moving average low

Bearish ethanol production data pushes CBOT December corn near to 100-day moving average low

October 18, 2018 |

In Illinois, Reuters reports that bearish ethanol production data as well as technical selling pushed CBOT December corn futures to $3.74-1/4 per bushel on Wednesday, barely keeping above the next support level of $3.72, the low end of the 100-moving average. Even though ethanol production was the lowest since April last week, stocks still built […]

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Increased ethanol demand seen slow in ramping up when goes year-round

Increased ethanol demand seen slow in ramping up when goes year-round

October 16, 2018 |

In Illinois, Reuters reports that Pro Petroleum expects year-round E15 to lead to minimal additional demand for ethanol in the short term due to legal challenges against the policy shift that may be mounted. If demand was generated, however, the company said it would invest in additional infrastructure but it could take six years for […]

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Argonne GREET 2018 update

Argonne GREET 2018 update

October 11, 2018 |

In Illinois, a research team at Argonne National Lab released its GREET 2018 update. GREET is a life-cycle analysis (LCA) tool, structured to systematically examine energy and environmental effects of a wide variety of transportation fuels and vehicle technologies in major transportation sectors (i.e., road, air, marine, and rail). There are two GREET modeling platforms; […]

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University of Illinois researchers complete sugarcane genome sequence

University of Illinois researchers complete sugarcane genome sequence

October 10, 2018 |

In Illinois, for centuries, sugarcane has supplied human societies with alcohol, biofuel, building and weaving materials, and the world’s most relied-upon source of sugar. Now, researchers have extracted a sweet scientific prize from sugarcane: its massive and complex genome sequence, which may lead to the development of hardier and more productive cultivars. Producing the comprehensive […]

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UofI researchers lead $5 million switchgrass study

UofI researchers lead $5 million switchgrass study

September 19, 2018 |

In Illinois, a University of Illinois crop scientist will lead a team of researchers on a five-year study of new crops that could contribute to the production of affordable, sustainable sources for market-ready fuels and other valuable products. They were awarded $5 million from the U.S. Department of Energy (DOE) for a study titled “Next-Generation […]

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Canadian National Railway embargo on Argo ethanol seen ending Friday

Canadian National Railway embargo on Argo ethanol seen ending Friday

September 13, 2018 |

In Illinois, Reuters reports that Canadian National Railway cited oversupply and traffic congestion as reasons for halting its ethanol deliveries to Kinder Morgan’s benchmark Argo terminal on September 5 but could lift the embargo as early as Friday. With the market oversupplied and prices at multi-year lows, the temporary embargo hasn’t had any impact on […]

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