In California, the new AgFunder AgriFood Tech Investing Report 2017, tracking agrifood tech investment that has reached $10.1 billion across 924 deals, a 29% year-over-year increase in funding volume. Overall deal activity actually declined but larger, later stage deals pushed up the total in what looks like a new normal for venture-backed agrifood tech. Farm […]
In Iowa, the state has added a dozen new E15 stations. Drivers can now buy the fuel at 158 fueling stations statewide. Iowa-based Casey’s General Store added the most new stations, including locations in Sioux Center, Akron, Cedar Rapids, and Lone Tree. Kum & Go, Kwik Star, and Key Cooperative each added two new stations […]
In Washington, managers at 150 biofuel production centers across the heartland sent a letter to President Donald Trump, urging the White House to “stand strong in defense of the Renewable Fuel Standard (RFS).” In it, they directly address the campaign waged by Texas Senator Ted Cruz to “cut, cap, or eliminate” the market for U.S. […]
In California, the National Corn Growers Association named Vertimass LLC as one of six awardees of the “Consider Corn Challenge: New Uses for Field Corn as Feedstock for Making Sustainable Chemicals” Competition. This prestigious recognition was announced at the Commodity Classic, “Grow Beyond 2018,” Conference in Anaheim, CA on February 28, 2018. Nine Sigma launched […]
In Kansas, ICM and The Andersons are partnering to own and construct ELEMENT, LLC, a 70 MGY bio-refinery located in Colwich, Kansas. This strategic collaboration will build and operate the most advanced ethanol plant in the world featuring ICM’s cutting edge technologies. The combination of ICM’s next-generation technologies, the merchandising, risk management and logistics expertise of […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.057 million barrels per day (b/d)—or 44.39 million gallons daily. That is up 12,000 b/d from the week before. The four-week average for ethanol production was unchanged at 1.046 million b/d for an annualized rate of 16.04 billion […]
In Washington, a study from the Center for Agricultural and Rural Development (CARD) at Iowa State University found that action to cap Renewable Identification Number (RIN) prices in exchange for an RVP waiver allowing year-round sale of E15 would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% to […]
In Washington, more than 200 companies and trade associations today wrote House and Senate Agriculture Committee leaders, urging them “to reauthorize and maintain stable mandatory funding for energy title programs in the next farm bill reauthorization.” The letter, organized by the Agriculture Energy Coalition, states, “For more than 15 years, the farm bill energy title […]
There are over 2,000 biomass to fuel facilities representing 1,461 companies in 90 countries. According to subject matter expert and long-time Digesterati Lorenz Bauer, “first-generation biofuels will continue to dominate the market but will lose market share. At the same time, advanced biofuel capacity is expected to double by 2020 to 9.6 billion gallons per […]
Synpet was founded in 2014 as a developer of a synthetic petroleum (SYNPET) business using its Thermal Conversion Process. TCP breaks down organic waste materials by using heat, pressure and water to produce oil and other co-products. SYNPET uses a proprietary thermal depolymerization process that subjects animal and food waste to heat and pressure in the presence of […]
