Tag: Texas

Diamond Ethanol temporarily halts ethanol production due to market conditions

Diamond Ethanol temporarily halts ethanol production due to market conditions

November 7, 2018 |

In Texas, Conestoga Energy Holdings, LLC, announced that it is temporarily halting production at Diamond Ethanol, LLC located at Levelland, Texas. “Given current ethanol production economics, we felt it in the best interest of our company and the industry to take gallons off the market until demand is comparable to supply,” said Tom Willis, Chief […]

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Valero approves expansion of Diamond Green Diesel to 675 million gallons per year

Valero approves expansion of Diamond Green Diesel to 675 million gallons per year

November 6, 2018 |

In Texas, Valero Energy Corporation announced that its Board of Directors approved a project to expand the Diamond Green Diesel plant in Norco, LA, to 675 million gallons per year renewable diesel production capacity. With low carbon mandates in North America and Europe projected to continue driving strong demand and premium pricing for renewable diesel, […]

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Phillips 66 and REG team to build renewable diesel plant in Washington state

Phillips 66 and REG team to build renewable diesel plant in Washington state

November 1, 2018 |

In Texas, Phillips 66 and Renewable Energy Group, Inc. announced that planning is underway for the construction of a large-scale renewable diesel plant on the U.S. West Coast. The plant would utilize REG’s proprietary BioSynfining® technology for the production of renewable diesel fuel. Planned feedstocks include a mix of waste fats, oils and greases, including […]

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Valero sees giant drop in 2018 RIN spend

Valero sees giant drop in 2018 RIN spend

October 25, 2018 |

In Texas, Reuters reports that Valero expects to pay between 40% and 50% of what it did last year for its RIN obligations, somewhere between $450 million and $550 million compared to its 2017 RIN spend of $975 million. RIN prices have collapsed this year in response to expectations that the Renewable Fuels Standard would […]

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Texas A&M AgriLife Research scores grant to research use of waste products from cellulosic biofuel production

Texas A&M AgriLife Research scores grant to research use of waste products from cellulosic biofuel production

October 16, 2018 |

In Texas, a $2.2 million grant from the U.S. Department of Energy’s Bioenergy Technologies Office to Texas A&M AgriLife Research will help researchers investigate potential discoveries for waste products used in lignocellulosic biofuel production, turning them into valuable agents used in producing commercial products such as biodiesel and asphalt binding agents. Their work will include […]

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RIN prices fall to lowest level since January 2014

RIN prices fall to lowest level since January 2014

October 8, 2018 |

In Texas, Platts reports that RIN numbers fell to their lowest level since January 2014 last week at 33.5 cents/RIN for D4 ethanol RINs for 2018 compliance. As the Environmental Protection Agency continues to grant hardship waivers for smaller refiners, the amount of RINs required for compliance falls and pushes down the price of RINs […]

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Platts sees US corn ethanol crush margin falling to jus 1.84 cents/gal

Platts sees US corn ethanol crush margin falling to jus 1.84 cents/gal

September 11, 2018 |

In Texas, Platts estimates that the average crush margin fell to just 1.84 cents/gal on Monday compared to 6.19 cents/gal the week prior as corn prices gained in the fact of falling Argo benchmark ethanol prices. Seasonal closures for maintenance aren’t expected to impact supplies and provide support for prices until the end of September. […]

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Celanese signs LOI with Chengzhi Shareholding to further develop acetic acid-based ethanol

Celanese signs LOI with Chengzhi Shareholding to further develop acetic acid-based ethanol

July 19, 2018 |

In Texas, Celanese Corporation announced that it has signed a Letter of Intent (LOI) with Chengzhi Shareholding Co., Ltd., to further the development of acetic acid-based ethanol as a clean energy source in China. From 2014 to 2017, Celanese operated a 275,000 metric ton per year industrial ethanol unit at the Nanjing, China Chemical Industrial […]

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US glycerin market seen balancing during Q3

US glycerin market seen balancing during Q3

July 18, 2018 |

In Texas, ICIS reports that glycerin production will ramp up during the second half the year, helping to bring the market into balance. The market has suffered from tightness through to Q3 as a major Midwest producer shut down in Q1 that caused panic among buyers, forcing them to buy up in advance and pushing […]

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Boho factor slips into negative territory for first time in 3.5 years

Boho factor slips into negative territory for first time in 3.5 years

May 17, 2018 |

In Texas, Platts reports that the boho factor that measures the spread between soybean oil and heating oil that typically is an indicator of favorable blending economics for biodiesel when at the lower of the scale has entered into negative territory for the first time since November 2014 at minus 1.47 cents/gal. The spread went […]

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