Green Plains Renewable Energy (GPRE) continues to get back in the black with a big splash. After reporting steep losses in 2007 and 2008, the company bounced back with a big surge in revenues and earnings last year as ethanol production increases along with prices. It’s safe to say that conditions for ethanol producers are quite a bit better now than they were a couple years ago and that’s certainly reflected in the stock prices … Read the rest
Category Archives: Ethanol
Government Driven Investing – Carbon Capture & Sequestration & Cellulosic Ethanol Plays: PEIX, GPRE, VRNM, BIOF, PX
The following article is republished with permission from Cabot and written by Andy Obermueller of Government-Driven Investing.
The President’s health care initiative rests on a shelf with little talk in Congress about what’s next for the sweeping overhaul. At the same time, Mr. Obama has re-positioned the chessboard for his climate-control bill, suggesting at a town-hall meeting in Nashua, New Hampshire, last Tuesday that the legislation might need to be split: One bill would contain … Read the rest
Biofuels Industry Nervously Anticipating EPA’s New Fuel Rules: PEIX, BIOF, GPRE, CZZ, ADM, VRNM
As reported by Agriculture.com’s Don Looker, Margo Oge, director of transportation and air quality at the EPA, did not attend this year’s Iowa Renewable Fuels Association summit because she was busy writing the second draft of the EPA’s new renewable fuel standards. The new standards are expected to be announced very soon, and the continued recovery of the American biofuels industry may hang in the balance.
Per the Energy Independence and Security Act of 2007, … Read the rest
Green Stocks Trackers Now Display Real Time Twitter Feed
I’m happy to say that all the green stocks tracking pages (links above) now display a real time twitter feed of the stocks that I’m tracking in each section! I just put it up today, so undoubtedly there will be bugs and issues to deal with, such as the occasional spam poster. I’ll be exploring other ways to help keep you up to speed on all the latest and greatest in the world of green … Read the rest
Pacific Ethanol (PEIX) Puts Magic Valley Facility Back Online
Pacific Ethanol just announced that it is once again producing ethanol at its Magic Valley facility in Idaho. The plant hasn’t been in production since February 2009, when unfavorable market conditions caused Pacific Ethanol to shut it down. The company received approvals from the court handling its bankruptcy petitions and from its lenders to restart production at the plant in December, and now it is up and running again.
In a press release, Neil … Read the rest
Pacific Ethanol (PEIX) To Start Making Ethanol Again
Struggling ethanol producer Pacific Ethanol just announced that it plans to start making ethanol again. According to this press release, the company plans to bring its Magic Valley plant in Idaho back online for the new year. The plant, capable of producing 60 million gallons of ethanol annually, should be back up and running in January 2010, as long as the bankruptcy court approves.
Pacific Ethanol says that market conditions for ethanol production have … Read the rest
Verenium Corporation Signs Agreement With VPP To Develop Ethanol From Paper/Pulp Wastes
Verenium Corporation just announced that it has signed an agreement with Value Prior to Pulping (VPP), an organization that is a special project between the American Forest and Paper Association and Cleantech Partners, Inc. Under the agreement, the two organizations will work together to try out Verenium’s C5 technology to see how well it works for making ethanol from hemicelluloses created during the pulp and paper process.
If it works, an average kraft mill (producing … Read the rest
Profit From The COP15 UN Climate Change Conference
In just a few weeks on December 7th, a secret meeting of world leaders takes place that will undoubtedly go a long way in shaping how we live our lives. .. from the kinds of cars we drive, to how many hours we can run hot water, to how much we pay in electricity bills each month. The COP15 Climate Change conference in Denmark will provide extraordinary profit opportunities in what venture capitalist firm Kleiner … Read the rest
Green Plains Renewable Energy (GPRE) Gets Central City Plant Online
Green Plains Renewable Energy just announced that they have now gotten their Central City, Nebraska ethanol plant online, according to DomesticFuel.com. The plant, which has not been running since November 2008, was purchased from Verasun when Verasun went bankrupt. Green Plains’ plant in Ord, Nebraska, which was purchased at the same time, was put back into service in the middle of last month.
In the article referenced above, Todd Becker, the president and CEO of … Read the rest
Green Plains Renewable Energy (GPRE) Starts Production at New Nebraska Plant Acquisition
Green Plains Renewable Energy has begun grinding corn to turn in to ethanol at its new plant in Ord, Nebraska. The plant, which Green Plains Renewable Energy acquired earlier this month, should be producing its fist batch of ethanol tomorrow, July 16th.
In a company press release, Green Plains CEO Todd Becker commented on the milestone:
The startup of the Ord plant within eight days of completing the purchase is a testament to our … Read the rest