Tag: Iowa

Iowa legislature creates preferential tax rate for B11 and higher

Iowa legislature creates preferential tax rate for B11 and higher

February 24, 2015 |

In Iowa, the Iowa legislature created a 3-cent per gallon differential tax rate for B11 and higher biodiesel blends in the road funding legislation passed Feb. 24. This provision is expected to boost the availability and sales of cleaner-burning, locally produced biodiesel. The bill was passed on Tuesday by a vote of 28 to 21 in […]

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Illinois Soybean Association launches B20 Club recognizing fleets

Illinois Soybean Association launches B20 Club recognizing fleets

February 9, 2015 |

In Illinois, to help recognize Illinois-based fleets running on blends of B20 biodiesel, the Illinois Soybean Association (ISA) and the American Lung Association in Illinois have launched the B20 Club. B20 is used in the more than 2,700 vehicles managed by six inaugural members totals more than 2.2 million gallons, which translates into an estimated […]

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Iowa derailment left 3 cars in the Mississippi, 3 burning and 8 leaking ethanol

Iowa derailment left 3 cars in the Mississippi, 3 burning and 8 leaking ethanol

February 5, 2015 |

In Iowa, the rail accident near Dubuque had 14 of 15 cars that derailed carrying ethanol, more than the three reported previously after the accident first happened. Three of the ethanol cars caught fire while three fell into the Mississippi River and another eight are leaking. An unknown number of the railcars were DOT-111s, the […]

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Six Canadian Pacific ethanol cars derail outside of Dubuque

Six Canadian Pacific ethanol cars derail outside of Dubuque

February 4, 2015 |

In Iowa, six Canadian Pacific freight cars carrying ethanol have derailed near Dubuque with one having caught fire. The rural area is not well accessed by roads which is likely to delay emergency services and hazmat from putting out the fire.

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Iowa professor blames falling ethanol prices for John Deere layoffs

Iowa professor blames falling ethanol prices for John Deere layoffs

February 2, 2015 |

In Iowa, the head of the Departments of Finance and Economics at University of Northern Iowa is blaming falling ethanol prices—and therefore lower corn prices—for pinching farmers’ pockets so much that they don’t buy as many John Deere tractors, leading to layoffs at the famous Deere Green manufacturer. Though he mentions falling oil prices, ethanol […]

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Branstad, Growth Energy team up for 2016 Iowa biofuels campaign “America’s Renewable Future”

Branstad, Growth Energy team up for 2016 Iowa biofuels campaign “America’s Renewable Future”

January 26, 2015 |

In Iowa, Governor Terry Branstad and Growth Energy has formed America’s Renewable Future aimed to bring biofuels policy back into the spotlight on the 2016 campaign trail amidst low oil prices and numerous setbacks. The need to lobby in the biggest biofuels producing state in the country demonstrates a new landscape in the renewables industry, […]

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2014 Iowa biodiesel production down amidst policy uncertainty

2014 Iowa biodiesel production down amidst policy uncertainty

January 12, 2015 |

In Iowa, 2014 biodiesel production went down from 2013 numbers, coming in at 227 million gallons, 3 million gallons down from the 2013 record of 230 million gallons. The Iowa Renewable Fuels Association attributed the drop to policy instability as Congress allowed the federal biodiesel blenders tax credit to expire, renewing it only in mid-December, […]

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Iowa bus company adds biodiesel blends with REG

Iowa bus company adds biodiesel blends with REG

January 6, 2015 |

In Iowa, the CyRide bus company in Ames that serves the city and Iowa State University has contracted REG to supply 350,000 gallons of biodiesel-diesel blends annually, to fuel 78 buses. Blends will be up to B20. The deal is the company’s first supply agreement to a city and offers a higher biodiesel blend than the […]

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2014 Iowa ethanol production peaks at 3.9 billion gallons

2014 Iowa ethanol production peaks at 3.9 billion gallons

January 5, 2015 |

In Iowa, ethanol production totaled 3.9 billion gallons during 2014, up from 3.7 billion gallons the previous three years, according to Iowa Renewable Fuels Association (IRFA). Iowa continues to be the number one ethanol producing state, and is estimated to account for roughly 27 percent of national ethanol production in 2014.  For the first time, […]

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REG completes acquisition of Petrotec

REG completes acquisition of Petrotec

December 30, 2014 |

In Iowa, the Renewable Energy Group announced its wholly-owned subsidiary has completed the acquisition of IC Green Energy’s (ICG) majority equity ownership position in German biodiesel producer Petrotec AG. REG European Holdings B.V. purchased ICG’s 69 percent equity ownership in Petrotec AG for US $20.9 million, or US $1.235 per share, paid in 2,070,538 newly-issued […]

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