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Governors' Biofuels Coalition
NEWS UPDATE June 22, 2012

Ethanol Falls Second Day On Economic Pessimism, Corn Decline

By Mario Parker , Bloomberg  •    •  Posted June 22, 2012

Ethanol fell for a second day in Chicago, following corn lower, on concern that the global economy is slowing. [ read more … ]

Biofuels future bright: Vilsack

By Gene Lucht Iowa Farmer Today  •    •  Posted June 22, 2012

After listing several major national initiatives aimed at promoting biofuels and new products made from crops, USDA Secretary Tom Vilsack pauses for a moment during a speech and tells the audience the future is much brighter than the present. “Folks, this is just the tip of the iceberg for bio-based economics,” he said. “There are extraordinary opportunities out there.” [ read more … ]

Struggling ethanol makers diversify to corn oil

By Carey Gillam, Reuters  •    •  Posted June 22, 2012

Another U.S. ethanol maker is moving to diversify its revenue stream as the industry continues to suffer depressed margins as costly corn supplies dwindle. On Thursday, California-based Pacific Ethanol Inc said it was installing corn oil separation technology at one of its plants and planned to include its three other plants by the first quarter of 2013. The company said its corn oil business should start generating revenue in the first quarter of 2013. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.