Tag: Texas

Implications of Green Plains Texas JV on the market unclear

Implications of Green Plains Texas JV on the market unclear

June 16, 2016 |

In Texas, an industry source who spoke to Platts said the planned Green Plains joint venture with Jefferson Gulf Coast Energy Partners isn’t likely to have much impact on the domestic ethanol market because there is already plenty of export capacity in the US Gulf region, but considering staging assets are limited in the area, […]

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Green Plains develop JV for import-export terminal in Beaumont

Green Plains develop JV for import-export terminal in Beaumont

June 14, 2016 |

In Texas, Green Plains says it will jointly invest $55 million in its first import-export terminal in Beaumont co-located with its joint venture partner. Jefferson Gulf Coast Energy Partners. The company is on a major drive to ramp up capacity, having bought two ethanol plants in Virginia and Texas in November and putting $200 million […]

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Sorghum Checkoff invests $500,000 in follow up to DOE biofuel feedstock research

Sorghum Checkoff invests $500,000 in follow up to DOE biofuel feedstock research

June 2, 2016 |

In Texas, Sorghum Checkoff has invested $500,000 to compliment a $30 million Dept. of Energy research program into sorghum as a feedstock for biofuels through the Transportation Energy Resources from Renewable Agriculture program. Three of the TERRA projects will be funded with the checkoff money to integrate biology, engineering and computer science in an attempt […]

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RIN prices soar ahead of 2017 RFS announcement but then fall back after initial rush

RIN prices soar ahead of 2017 RFS announcement but then fall back after initial rush

May 19, 2016 |

In Texas, ahead of the EPA’s 2017 Renewable Fuel Standard draft blending mandate on Wednesday, RIN prices soared 10 cents to 84 cents for D6 ethanol RINs. Previous to the price jump, inter-day movement had averaged around 75 points, but the possible need to increase purchases in order to comply with the 2017 mandate got […]

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Oil refiners suffering from higher ethanol and RIN prices

Oil refiners suffering from higher ethanol and RIN prices

May 18, 2016 |

In Texas, oil refiners are getting squeezed by requirements to blend ethanol at ever higher prices while margins shrink due to low oil prices. HollyFrontiner Corp., for example, had to pay $36 million in ethanol premiums during Q1 due to ethanol averaging 30 cents per gallon higher than gasoline in Chicago, while it paid $46 […]

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Valero sees better ethanol margins ahead in Q2

Valero sees better ethanol margins ahead in Q2

May 5, 2016 |

In Texas, Valero reported that it expects ethanol margins to improve during the second quarter after having fallen to 35 cents per gallon during Q1, down from 43 cents during Q1 2015. The lower margins cut Q1 adjusted operating income for the ethanol segment to $9 million compared to $12 million the year prior. Hopes […]

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Texas A&M AgriLife researchers digging into disease resistance in plants

Texas A&M AgriLife researchers digging into disease resistance in plants

May 2, 2016 |

In Texas, scientists at Texas A&M AgriLife are studying the virtual tug-of-war that takes place when a pathogen attacks a plant, research that could unlock new ways to improve plants by making them more disease-resistant. With almost $500,000 from the USDA’s Agriculture and Food Research Initiative over three years, the researchers say the study will […]

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Pacific Ag hires beef and dairy veteran Brook Holstein Campbell for crop residue sales

Pacific Ag hires beef and dairy veteran Brook Holstein Campbell for crop residue sales

April 18, 2016 |

In Texas, Pacific Ag has hired Brook Holstein Campbell to assist with sales of corn and wheat residue forage to beef and dairy markets in the High Plains. A veteran of the agriculture and beef industry, Holstein Campbell brings more than 15 years of experience and relationships from across the livestock industry to Pacific Ag. […]

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Texas A&M researchers find enzyme responsible for making hydrocarbons

Texas A&M researchers find enzyme responsible for making hydrocarbons

April 11, 2016 |

In Texas, an enzyme responsible for making hydrocarbons has been discovered by Texas A&M AgriLife Research scientists studying a common green microalga called Botryococcus braunii. The study, published in the current issue of the journal Nature Communications, could enable scientists to use the enzyme in a plant to make large amounts of fuel-grade oil, according to […]

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Synthesis Energy Systems announces Chinese gasification partnership

Synthesis Energy Systems announces Chinese gasification partnership

March 28, 2016 |

In Texas, Synthesis Energy Systems, Inc. (SES) announced a strategic Joint Project Development and Investment Agreement with China Environment State Investment Co., Ltd (CESI). CESI is a state-owned enterprise established in Beijing under the China Ministry of Environmental Protection that is charged with, and funded to, develop and invest in the energy conservation and environmental […]

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