In Washington, D.C., 10 energy and agriculture organizations including Renewable Fuels Association, the National Farmers Union, the Clean Fuels Development Coalition, and others called on the U.S. Environmental Protection Agency to condemn statements by its own Clean Air Scientific Advisory Committee that dismissed the findings of a recent study by Harvard University linking air pollution […]
The ‘Rona Cyclona pandemic is creating havoc on the agricultural industry, not just in the U.S. but around the world. The ethanol industry and corn farmers have had several years of low profitability even before Covid 19, thanks to natural weather disasters like droughts and floods, tanking of oil prices, a trade war with China, […]
In Washington, D.C., the 2019/2020 U.S. corn crop faced many challenges, including late planting, delayed maturation and late harvests. Even with these challenges, data compiled in the U.S. Grains Council’s latest report indicate the majority of the crop – 71.2% of samples tested – still had a test weight at or above the limit for […]
In Finland, Neste had a solid start to the year according to their Q1 2020 financials which showed a comparable operating profit of EUR 408 million in the first quarter, compared to EUR 378 million in the corresponding period last year. Renewable Products’ sales volumes were high, and renewables facilities reached a new quarterly production […]
In Washington, D.C., the EIA released its Weekly Petroleum Status Report for the week ending April 17, which continued to reflect the impact on the ethanol industry from the social-distancing and stay-at-home restrictions associated with COVID-19. According to EIA data analyzed by the Renewable Fuels Association, ethanol production declined 1.2%, or 7,000 barrels per day […]
It’s a tale of optimism and hope during ‘Rona Cyclona as we look for any good news in the biofuels industry. In comes news of public-private investments, rural economic development and employment, and even human health. With two new executive position veteran hires, up to 8 new plant managers, and putting to use a $2.9 […]
As I write, the May contract for West Texas Intermediate is selling for -$40.21 a barrel, or a negative cost of $240 per tonne. Let’s put that in context, you can throw unmixed useless garbage into a US-based landfill for an average price of around $75 a tonne. Literally, you can make money by buying […]
Cellink is now on NASDAQ Stockholm, they’ve received grants, been involved in hand disinfectants and test equipment in the Corona Crisis, and somehow have continued to grow globally during the COVID-19 pandemic. Take a peak into their latest financials, major milestones and events, their company, how they are dealing with the current pandemic, and more.
In Washington, D.C., news came Friday evening that the U.S. Department of Agriculture created a new Coronavirus Food Assistance Program (CFAP) that will take several actions to assist farmers, ranchers, and consumers in response to the COVID-19 national emergency. But, it does not provide any assistance to America’s ethanol and renewable fuels industries, which as […]
In California, Berkeley Lab researchers answered two questions regarding biofuels –what amount of bioproduct a plant needs to produce in order to make the process of extracting it worthwhile, and what amount needs to be made in order to reach the target ethanol selling price of $2.50 per gallon which was the average cost in […]
