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Governors' Biofuels Coalition
NEWS UPDATE October 29, 2014

Upper Midwest ethanol plants face shutdowns if poor rail service lingers

By Mikkel Pates, Pioneer Press  •    •  Posted October 29, 2014

Jim Seurer says only “plain old action” can prevent serious impacts from rail delays on the ethanol industry this winter and beyond. Seurer is CEO of Glacial Lakes Energy LLC of Watertown, S.D. The company has two ethanol plants, one in Watertown and one in Mina, S.D., both solely dependent on BNSF Railway. He and Brad Schultz, the company’s director of commodities and risk management, are aware BNSF plans to increase double-tracking and add locomotives, but they’re also realists. They’ve made expensive counter-moves because of rail delays and say if things don’t improve, they’ll increasingly be forced into trucking for ethanol shipping — which is far more limited — or face the threat of disastrous shutdowns. [ read more … ]

Update from DuPont on its Nevada project – labor shortages, new ethanol marketer deal

By Jim Lane, Biofuels Digest  •    •  Posted October 29, 2014

With the Abengoa and POET-DSM openings behind us, time to look ahead to the next one: DuPont’s 30 million gallon plant in Nevada, Iowa. We had been expecting mechanical completion by New Year’s — that’s slipped back into Q1, with labor shortages in Iowa dragging out the timeline several weeks. As a result — shortages of pipe fitters and millwrights are biting into timelines. [ read more … ]

For Green Plains, record ethanol production equals 4-fold 3Q profit increase

By Russell Hubbard / World-Herald staff writer  •    •  Posted October 29, 2014

Green Plains Inc. said Tuesday that third-quarter profit jumped more than four-fold on record ethanol production. The Omaha-based company said net income was $41.7 million, or $1.03 a share, up from $9.4 million, or 28 cents a share, a year earlier. Revenue rose 10 percent to $833.9 million. [ read more … ]

ICM announces agreement with Patriot Renewable Fuels

By ICM Inc., Ethanol Producer Magazine  •    •  Posted October 29, 2014

ICM Inc. is pleased to announce that Patriot Renewable Fuels LLC of Annawan, Illinois, has entered into a professional services agreement for ICM’s patent-pending Fiber Separation Technology and ICM’s patent-pending Generation 1.5 Grain Fiber to Cellulosic Ethanol Technology (Gen 1.5) for its ethanol plant. [ read more … ]

Comment: Obama: (Un)intentionally Reengineering the RFS for Big Oil?

By Brooke Coleman, Executive Director, Advanced Ethanol Council, Biofuels Digest  •    •  Posted October 29, 2014

As the renewable fuels industry awaits U.S. EPA’s final decision on the 2014 Renewable Volume Obligation (RVO), it is extraordinary to think that President Obama still appears committed to adopting a methodological change to the Renewable Fuel Standard (RFS) pioneered by the biofuel industry’s most ardent foes. [ read more … ]

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