Tag: New York

Arbitrage window to China opens up despite 30% import duty

Arbitrage window to China opens up despite 30% import duty

October 10, 2017 |

In New York state, with ethanol prices at a one-year low, an arbitrage window to China has opened up. Even with the 30% import duty on ethanol, domestic prices in China are more than $300 per metric ton more expensive than US ethanol. With the import duty included, US ethanol is running at a $57-73/ton […]

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Cornell and Texas A&M researcher develop algal droplet bioreactors on a chip

Cornell and Texas A&M researcher develop algal droplet bioreactors on a chip

September 28, 2017 |

In New York state, researchers from Cornell University’s Boyce Thompson Institute and Texas A&M University report in Plant Direct exciting new technology that may revolutionize the search for the perfect algal strain: Algal droplet bioreactors on a chip. A single algal cell is captured in a tiny droplet of water encapsulated by oil – imagine […]

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Brookhaven research shows retaining sugars in plant leaves can boost oil production

Brookhaven research shows retaining sugars in plant leaves can boost oil production

September 25, 2017 |

In New York state, in a new study at the U.S. Department of Energy’s Brookhaven National Laboratory, scientists show that retaining sugars in plant leaves can make them get fat too. In plants, this extra fat accumulation could be a good thing. It could help turn plants into factories for making biofuels and other useful […]

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CVR makes about turn on RINs and begins buying them up ahead of March deadline

CVR makes about turn on RINs and begins buying them up ahead of March deadline

September 20, 2017 |

In New York state, Reuters reports that Carl Icahn’s CVR has begun to close out its short position on RINs and began buying million of them in August for the first time in months. In an effort to keep control on prices, the purchases of half a million or a million at a time have […]

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New York governor signs law requiring B5 for bioheating in downstate counties

New York governor signs law requiring B5 for bioheating in downstate counties

September 14, 2017 |

In New York state, New Yorkers in downstate counties will soon benefit from cleaner air due to the increased use of Bioheat fuel in heating oil. Legislation signed Sept. 13 by New York Gov. Andrew Cuomo requires Nassau, Suffolk, and Westchester counties to follow New York City’s lead by blending at least 5 percent biodiesel (B5) […]

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Icahn resigns from presidential advisory position

Icahn resigns from presidential advisory position

August 21, 2017 |

In New York state, while denying any wrongdoing or conflict of interest, Carl Icahn has resigned from his informal regulatory advisory role to the president in the wake of controversy that his influence on the White House could favor his refining company CVR that sought to change the point of obligation under the Renewable Fuel […]

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Yoghurt maker suing Johnstown Renewables for $20 million for breach of contract

Yoghurt maker suing Johnstown Renewables for $20 million for breach of contract

August 21, 2017 |

In New York state, yoghurt maker Fage is suing Johnstown Renewables for more than $20 million in damages because the company didn’t lift the acidic whey from the production facility as agreed to in 2015. Johnstown Renewables is perhaps 75% complete with the construction of its $12.4 million whey-based ethanol plant but the recent death […]

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Former Gen-X co-conspirator pleads guilt to RIN fraud

Former Gen-X co-conspirator pleads guilt to RIN fraud

August 3, 2017 |

In New York state, Andre Bernard, of Mount Kisco pleaded guilty on Wednesday for his participation in a multi-state scheme to defraud biodiesel buyers and U.S. taxpayers by fraudulently selling biodiesel credits and fraudulently claiming tax credits, announced Acting Assistant Attorney General Jeffrey H. Wood of the Justice Department’s Environment and Natural Resources Division and […]

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Biodiesel prices rise to four-month high

Biodiesel prices rise to four-month high

July 17, 2017 |

In New York state, heating oil futures are on the rise which are in turn supporting biodiesel prices to four-month highs across the country. Biodiesel premiums are also being seen in the Midwest as well as the Gulf Coast regions, 3 cents and 6 cents per gallon respectively, a move resulting from rising soybean costs […]

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Downstate New York counties may get 5% bioheat by mid-2018

Downstate New York counties may get 5% bioheat by mid-2018

June 29, 2017 |

In New York state, Nassau, Suffolk, and Westchester counties could follow in New York City’s footsteps and implement a 5% biofuel blend in heating oil by July 1, 2018 following a bill passed in the Assembly and the Senate. The legislation is awaiting the governor’s signature. NYC currently has a 2% bioheat blend but that […]

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