Green Plains Renewable Energy Inc., GPRE 2.11 % the fourth-biggest U.S. ethanol producer, slowed production at two of its plants that use less-efficient processing technology early this year, cutting its ethanol output by about 5%.
Coskata Inc., a biofuel company backed by venture capitalist Vinod Khosla, shelved its $100 million initial public offering and is seeking investors for a plant that will convert natural gas into ethanol. Unfavorable market conditions were the main ...
Cloudless skies seldom look so ominous. A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels.
The worst U.S. drought since Ronald Reagan was president is withering the world's largest corn crop, and the speed of the damage may spur the government to make a record cut in its July estimate for domestic inventories.
A rally to $8.50 may trigger so-called rationing in demand from feed users, and crop losses could prompt the government to lower the mandate for using corn-based ethanol in fuel, Cekander said. “That would allow a reduction in corn grain for ethanol ...
Agriculture Secretary Tom Vilsack announced payments for 125 advanced biofuel producers across the country to support the production and expansion of advanced biofuels from a wide variety of nonfood sources, including waste products.
I feel more like a federal crime reporter lately than a biodiesel editor. The former CEO of Absolute Fuels, the second “biodiesel firm” implicated in RIN fraud, was arrested late last week and remains in federal custody.