Tag: Minnesota

ADM rethinking its dry corn mills in light of oversupplied ethanol market

ADM rethinking its dry corn mills in light of oversupplied ethanol market

February 3, 2016 |

In Minnesota, oversupply of the ethanol market and weak margins has Archer Daniels Midland looking at other options for its three dry corn milling assets rather than producing ethanol as it attempts to reduce its capital investments by about $1 billion. Since 2006, the company has invested $1.3 billion to build two new dry mills. […]

Read More

Green Biologics starts $75 million investment in butanol conversion

Green Biologics starts $75 million investment in butanol conversion

January 14, 2016 |

In Minnesota, Green Biologics has begun the conversion of 21 million gallon per year Central Minnesota Renewables, formerly known as Central Minnesota Ethanol Cooperative, to produce butanol and acetone. The plant will continue to produce ethanol until the last possible minute when it switches over. Already more than $75 million has been raised for the […]

Read More

Minnesota ethanol plants making a profit despite low gas price

Minnesota ethanol plants making a profit despite low gas price

November 17, 2015 |

In Minnesota, despite low gas prices, seven of the eight ethanol producers in the state have been able to make a profit during the third quarter. Low gasoline prices are expected to weight on ethanol margins for the next 12 to 18 months across the Midwest. Valero Energy reported making 47 cents per gallon during […]

Read More

Xcel Energy grants Natural Resources Research Institute $1.9 million for bioenergy

Xcel Energy grants Natural Resources Research Institute $1.9 million for bioenergy

November 6, 2015 |

In Minnesota, Xcel Energy’s Renewable Development Fund has granted the University of Minnesota’s Natural Resources Research Institute $1.9 million to develop locally produced biofuels that will later be injected into the national grid. The center has an extensive focus on renewable energy research including work with feedstocks, improving DDGS technologies, biomass processing and conversion technologies […]

Read More

Al-Corn Clean Fuel’s shareholders reject $146 million expansion plan

Al-Corn Clean Fuel’s shareholders reject $146 million expansion plan

October 19, 2015 |

In Minnesota, Al-Corn Clean Fuel’s shareholders rejected a push to more than double the plant’s capacity to 120 million gallons per year from the current 50 million gallons annually, a move that would have required a $146 million investment. Millions of new shares would have been required to fund the investment, but the move was […]

Read More

Syngenta has signed agreements with 16 ethanol plants for Enogen so far

Syngenta has signed agreements with 16 ethanol plants for Enogen so far

October 7, 2015 |

In Minnesota, Syngenta announced that, to date, it has reached agreements with 16 ethanol plants to use Enogen grain. Together, the plants have a combined production capacity of more than 1 billion gallons. Syngenta is in discussions with a number of other ethanol plants, as well, with plans to continue its expansion. Enogen was grown […]

Read More

Minnesota ethanol plant gets $750,000 state grant for facility upgrades

Minnesota ethanol plant gets $750,000 state grant for facility upgrades

August 31, 2015 |

In Minnesota, the DENCO II ethanol plant has received a $750,000 grant from the state’s Department of Employment and Economic Development to buy a fifth fermentation tank, an additional hammer mill, and an addition to the plant’s cooling tower to improve the facility’s production efficiency. The overall investment is estimated at around $1.5 million. As […]

Read More

POET plant in Minnesota shut following explosion and 2 injuries

POET plant in Minnesota shut following explosion and 2 injuries

June 22, 2015 |

In Minnesota, POET’s 45 million gallon ethanol plant in Glenville has been closed temporarily following an explosion and resulting fire early Sunday morning that injured two workers. The shutdown shouldn’t impact prices due to small production and large stocks in the region.

Read More

USDA researchers see camelina and soy double cropping boosting yields

USDA researchers see camelina and soy double cropping boosting yields

June 2, 2015 |

In Minnesota, federal mandates to produce more renewable fuels, especially biofuels, have led to a growing debate: Should fuel or food grow on arable land? Recent research shows farmers can successfully, and sustainably, grow both. Russ Gesch, a plant physiologist with the USDA Soil Conservation Research Lab in Morris, Minnesota, found encouraging results when growing Camelina […]

Read More

ADM pulls back from ethanol as demand flattens

ADM pulls back from ethanol as demand flattens

May 25, 2015 |

In Minnesota, ADM is pulling back from ethanol production and high fructose corn syrup to focus more on other high value food ingredients where the company thinks it will get more value from its global corn supplies. More niche products are expect to help the company buoy from the flat demand expectations from ethanol going […]

Read More