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EIA: E85 increasingly price-competitive with gasoline on energy content basis in parts of the Midwest; mileage per dollar

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The retail price of E85 motor fuel (a gasoline blend with up to 85% ethanol), has fallen in recent months, notes the US Energy Information Administration (EIA). Prices represent daily average observed E85 and regular gasoline prices at the same stations in the states of Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, and Ohio.

Gasoline 322
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Gevo closes $68M Green Bond to finance RNG project

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has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows.

Financing 334
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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

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Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased.

Davis 334
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Iowa State Researchers Redesigning Enzyme for Bio-based Production of Isobutene

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Thomas Bobik, professor of biochemistry, biophysics and molecular biology at Iowa State University is heading an effort to redesign an enzyme for the bio-based production of isobutene, a gas that is currently used in the production of a variety of chemicals and in the manufacture of other fuel additives, adhesive, plastics and synthetic rubber.

Iowa 170
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Iowa State to manage biorefinery projects for new Manufacturing USA Institute

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Iowa State University will bring its expertise in biorenewable technologies and pilot plant operations to the country’s 10th Manufacturing USA Institute. In addition, she said the Iowa State team has already pulled in multiple partners willing to help commercialize distributed biorefineries. of Adel; and the Iowa Energy Center.

Iowa 150
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Edeniq and Flint Hills Resources Renewables establish joint development relationship for ethanol

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Flint Hills Resources Renewables, LLC, a leading US ethanol producer, will become a customer of Edeniq, Inc., Flint Hills Resources Renewables expects further adoption of Edeniq equipment to provide bolt-on technologies needed to extract sugar from a wide range of cellulosic (non-food) feedstocks to create cellulosic ethanol.

Renewable 170
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Valero Renewables to Purchase Three More Ethanol Plants; Total Capacity 1.1B Gallons Per Year

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Valero Renewable Fuels Company, LLC, a wholly owned subsidiary of Valero Energy Corporation, has signed an agreement with ASA Ethanol Holdings, LLC to buy two ethanol plants that had been previously owned by VeraSun Energy Corporation. The purchase of the plant from Renew gives us additional production capacity. and Albion, Neb.

Purchase 186