Tag: Indiana

POET to reopen Cloverdale biorefinery in 2023 thanks to year-round E15

POET to reopen Cloverdale biorefinery in 2023 thanks to year-round E15

December 29, 2022 |

In Indiana, WCSI news reports POET plans to reopen its Cloverdale biorefinery next year thanks to the anticipated increase in ethanol blending to 15% from the current 10%. The company has four other ethanol plants operating in the state, but Cloverdale is set to produce around 100 million gallons of ethanol annually. The additional blending […]

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United Soybean Board awards Purdue institute $1.1M to develop soy-based value-added products

United Soybean Board awards Purdue institute $1.1M to develop soy-based value-added products

October 11, 2022 |

In Indiana, United Soybean Board (USB) announced the award of $1.1 million to the Purdue University Food Entrepreneurship and Manufacturing Institute (FEMI), in partnership with the University of Arkansas and the University of Missouri, for a joint project that is working to build infrastructure and connectivity for small- and medium-scale processing of soy-based value-added products. […]

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Cummins says its Tier 4 QSK95 engine be safely used with renewable diesel

Cummins says its Tier 4 QSK95 engine be safely used with renewable diesel

September 20, 2022 |

In Indiana, Cummins Inc. announced that its popular Tier 4 QSK95 engine can be safely used with renewable diesel, without any negative impact to its current EPA emission requirements or reliability. Cummins partnered with Siemens Mobility to help customers meet their goal of running renewable diesel in QSK95-powered Charger locomotives to reduce emissions and use […]

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Cummins to expand Belgian PEM electrolyzer manufacturing capacit

Cummins to expand Belgian PEM electrolyzer manufacturing capacit

September 14, 2022 |

In Indiana, Cummins Inc. will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt (GW) with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. IPCEI – recently approved by the European Commission, with funding granted by Flanders Innovation & Entrepreneurship Agency (VLAIO) – will help Cummins […]

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Fulcrum Bioenergy receives air permit for planned $600M waste-to-SAF facility

Fulcrum Bioenergy receives air permit for planned $600M waste-to-SAF facility

August 29, 2022 |

In Indiana, the Chicago Tribune reports Fulcrum Bioenergy has received its air permit from the Indiana Department of Environmental Management for the company’s proposed $600 million Fulcrum Centerpoint waste-to-SAF facility near Gary in the Buffington Harbor area. The facility would use 530,000 tons of preprocessed nonhazardous organic and carbon-based household trash to produce 33 million […]

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POET to reopen Cloverdale biorefinery in 2023

POET to reopen Cloverdale biorefinery in 2023

May 25, 2022 |

In Indiana, POET it will be reopening its bioprocessing facility in Cloverdale, Indiana, after federal and state policymakers took action to safeguard domestic markets for low-carbon biofuels. The facility will create 50 full-time local jobs and generate demand for 34 million bushels of corn from Indiana farmers annually. Restarting the Cloverdale facility will bring POET’s […]

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Purdue researcher links RFS to biofuels and agriculture in first-of-its-kind study

Purdue researcher links RFS to biofuels and agriculture in first-of-its-kind study

April 4, 2022 |

In Indiana, capturing the interactions between biofuels and agricultural industries and their connections with other economic activities was key to a first-of-its-kind study. “This is the first comprehensive examination of market factors and policies on the expansion of biofuels production in the U.S. to examine the economic impact of these individual drivers separately,” said Farzad Taheripour, […]

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Calumet closes $325M offering of 2027 senior unsecured notes

Calumet closes $325M offering of 2027 senior unsecured notes

January 24, 2022 |

In Indiana, Calumet Specialty Products Partners, L.P. announced the closing of the offering for $325 million 2027 senior unsecured notes. The Partnership intends to use the net proceeds from the Offering, along with cash on hand, to fund the previously announced redemption of all outstanding 7.75% Senior Notes due 2023 and pay related expenses. In […]

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Calumet closes $50M in financing for renewable hydrogen plant in Montana

Calumet closes $50M in financing for renewable hydrogen plant in Montana

January 10, 2022 |

In Indiana, Calumet Specialty Products Partners, L.P. announced that Montana Renewables LLC (“MRL”) has closed the previously announced $50 million of project financing from Stonebriar Commercial Finance LLC related to construction of the renewable hydrogen plant for Calumet’s renewable diesel business in Great Falls, Montana. Once complete, the renewable hydrogen plant will allow increased production […]

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Calumet spins off Montana renewable diesel projects into Montana Renewables

Calumet spins off Montana renewable diesel projects into Montana Renewables

November 22, 2021 |

In Indiana, Calumet Specialty Products Partners, L.P. announced a series of strategic transactions in connection with its Renewable Diesel business. The transactions establish Montana Renewables, LLC as an unrestricted pure-play renewables subsidiary of Calumet. MRL has closed on a $300 million convertible debt investment from funds managed by Oaktree Capital Management, L.P. MRL has also […]

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