Author Archive: Jim Lane

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USGC, RFA, Growth Energy urge action on China ethanol, DDGS trade tariffs

USGC, RFA, Growth Energy urge action on China ethanol, DDGS trade tariffs

February 12, 2017 |

In Washington, in a letter to President Donald Trump this week, the U.S. Grains Council (USGC), Renewable Fuels Association and Growth Energy are asking for help “in urgently addressing China’s recent implementation of protectionist trade barriers that are shutting out U.S. exports of ethanol and distillers dried grains (DDGS).” Specifically, the three groups are asking […]

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US ethanol production reaches record 16.17 billion gallon rate

US ethanol production reaches record 16.17 billion gallon rate

February 12, 2017 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.055 million barrels per day—or 44.31 million gallons daily. That is down 6,000 b/d from last week’s all-time high. The four-week average for ethanol production stood at 1.055 million b/d for an annualized rate of 16.17 billion gallons, […]

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Slump in vegetable oil prices, amidst Argentine uncertainties

Slump in vegetable oil prices, amidst Argentine uncertainties

February 12, 2017 |

In Germany, UFOP reports that prices for vegetable oils fell from their high levels. Ample supply, decreasing demand and the firm euro rate sent asking prices on a slide. The German trade group said that scarce supply caused palm oil prices to rise by 18 per cent since October 2016. Over the past several months, […]

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POET’s Chancellor plant hits billion gallon mark

POET’s Chancellor plant hits billion gallon mark

February 12, 2017 |

In South Dakota, POET’s biorefining facility in Chancellor, South Dakota reached a production milestone of 1 billion gallons of high-quality ethanol in 2016, placing it at the vanguard of a rapidly-growing biofuels sector in the United States. The facility was also the first POET plant to hit 500 million gallons, a benchmark achieved in 2011. […]

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EIA says oil prices will be flat in 2017 and 2018

EIA says oil prices will be flat in 2017 and 2018

February 12, 2017 |

In Washington, the US Energy Information Agency released its February Short-Term Energy Outlook (STEO), and reported that implied global petroleum and liquid fuels inventories are estimated to have increased by 0.8 million barrels per day (b/d) in 2016. EIA expects the oil market to be relatively balanced in 2017 and 2018, with inventory draws averaging […]

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ADM profit jumps 30% to $424M in Q4

ADM profit jumps 30% to $424M in Q4

February 12, 2017 |

In Illinois, Archer Daniels Midland Company (NYSE: ADM) reported Q4 earnings of $424 million, or $0.73 per Share, and $0.75 per Share on an Adjusted Basis. The company noted adjusted segment operating profit up over 30 percent compared to prior fourth quarter, and said that it expected improvements across all businesses, project launches lead to […]

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The $40 carbon tax is dead as a doornail, and here’s why

The $40 carbon tax is dead as a doornail, and here’s why

February 12, 2017 |

This past week, a group headed by former Secretaries of State George Shultz and Jim Baker proposed dramatically to introduce a $40 per ton carbon tax in order to address the rising threat from global warming. The good news is that the proposal comes at the onset of a Republican Administration and comes from former […]

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The 30-30 Rule: Lessons from the Field in Wood Power

The 30-30 Rule: Lessons from the Field in Wood Power

February 9, 2017 |

By Charles Loos, PE Lee Enterprises Consulting, Inc. Special to The Digest From an operations standpoint, a wood-fired power plant can be described as a fuel handling system first, and a power plant second. The biggest challenges stem from the fuel itself – procurement, supply, handling and combustion. By contrast, the steam turbine and power cycle […]

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The Zambezi 5: AkzoNobel, Chemport Europe, RWE and Staatsbosbeheer plan biobased chemicals project using Avantium’s Zambezi process

The Zambezi 5: AkzoNobel, Chemport Europe, RWE and Staatsbosbeheer plan biobased chemicals project using Avantium’s Zambezi process

February 9, 2017 |

In the Netherlands, Avantium, AkzoNobel, Chemport Europe, RWE and Staatsbosbeheer have established a partnership for the development of a reference plant at the Chemie Park Delfzijl. The new project will be based on the Zambezi process that has been developed by Avantium. Zambezi. What’s that, exactly? Let’s explore. The Zambezi process The Zambezi process aims for a […]

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Algae and the Spirit of Aloha

Algae and the Spirit of Aloha

February 8, 2017 |

If you’ve been to Hawaii, you’ve heard the greeting Aloha, and perhaps someone told you the word is used in greeting, departure, and also in expressing love. But you might not know that Aloha goes a little deeper in the old Hawaiian teaching: When food is needed I will take only my need and explain […]

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