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Ethanol Plant
What is the ethanol “subsidy”? Many are misinformed that ethanol producers receive a huge government subsidy. That is a myth. In fact, ethanol's “subsidy” is really a federal tax credit that goes to oil companies as an incentive to blend ethanol with gasoline. This blender's tax credit totals 51 cents per gallon of ethanol or 5.1 cents per gallon on E10 blends.
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Ethanol Plant
| January 2nd, 2009 04:42 PM
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Oil rises 3.9pc on geopolitical fears - The Australian
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OIL rose in the first trading day of 2009, as Russia cut off gas supplies to Ukraine and the Gaza conflict rumbled for a seventh day. Light, sweet crude for February delivery settled up $US1.74, or 3.9 per cent, at $US46.34 a barrel on the New York ...
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| December 30th, 2008 03:27 PM
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Ethanol sales top gasoline sales in a first in Brazil - PhysOrg
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New flex combustible vehicles made in Brazil by US carmaker General Motors are parked at an authorized dealer, in Sao Paulo, Brazil in March 2008. Ethanol sales for 2008 for the first time are outpacing those of gasoline in Brazil, a top ethanol ...
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Iowa’s ever-growing investment in ag-related ventures is about ...
Despite the ever-growing number of ethanol plants, Kortemeyer said theres room for all. I think ethanol is not only the future of Iowa but of the world.
Archer Daniels Midland, which recorded $36.6 billion in sales, is making its two biggest investments this year in Iowa.
ADMs $540 million ethanol plant in Cedar Rapids will produce 275 million gallons of ethanol, and the $280 million plant in Clinton will generate 50,000 tons annually of corn-based biodegradable plastics.
Greg Webb, ADMs vice president of public affairs, said the company knew it wanted to build on existing infrastructure.
Both Cedar Rapids and Clinton have substantial operations: the existing value of the investments in both cities is $194.1 million, according to public records.
FUEL plans ethanol plant in Southwest Georgia
First United Ethanol LLC (FUEL) has raised $67 million in equity to finance an ethanol plant in Mitchell County, Ga., according to a filing with the Securities and Exchange Commission. FUEL also reported a conditional commitment from Southwest Georgia Farm Credit to fund the plant. The facility will be on 268 acres between the cities of Camilla and Pelham. Construction is expected to begin in October, with production of ethanol slated for spring 2008. .
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