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Event Calendar

World Biofuels Symposium
November 13-15, 2005
Beijing, China

2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels Association

National Biodiesel Conference & Expo 2006
February 5-8, 200
San Diego, California
National Biodiesel Board

11th Annual National Ethanol Conference: "Policy & Marketing"
February 20-22, 200
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association

22nd Annual International Fuel Ethanol Workshop & Expo
June 20-23, 200
Milwaukee, Wisconsin, USA

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Posted on  

May 9, 2002

ADM and Minnesota Corn Processors discuss possible sale

MARSHALL, Minn. - Minnesota Corn Processors said Wednesday it has begun talks with Archer Daniels Midland Co. on the possible sale of MCP to ADM.

MCP said an agreement would be subject to the approval of its board of directors, shareholders and appropriate regulatory agencies.

MCP, based in Marshall, is a corn-wet miller with refineries in Marshall and Columbus, Neb. The company produces corn sweeteners and starch products and owns a nationwide network of 19 corn sweetener distribution terminals. It also produces starches for sale to the paper industry, ethanol, feed products and road deicers.

ADM, based in Decatur, Ill., is the world's largest processor of soybeans, corn, wheat and cocoa, and is among the biggest makers of ethanol, oil and corn syrup. The company has 275 processing plants across the world.

Shell buys stake in Canada bioethanol group Iogen

LONDON, May 8 (Reuters) - Royal Dutch/Shell Group RD.AS SHEL.L on Wednesday said it had paid $29 million for an undisclosed stake in Canada's Iogen Energy, a company working on the use in motor fuel of ethanol made from plant fibre.

It said the money would allow privately-owned Iogen to develop more rapidly the world's first commercial scale plant converting wood, straw and other renewable "biomass" to ethanol by fermentation of the sugars in them.

"Bioethanol can become commercially viable," said Mark Gainsborough, vice president of fuels at Shell Oil Products, "and we will be using our skills in fuel production and plant operations with Iogen's globally recognised technology to reduce the cost of future production."

The giant Anglo-Dutch oil company has earmarked $500 million of investment over a five-year period for cleaner energy projects.

Most of the world's 30 billion litres a year of ethanol is produced from sugar cane in Brazil and from grains in the United States. In Brazil, the United States and Sweden it is already blended into gasoline.

Shell said it recognized that fuel using such traditionally produced ethanol is unlikely to ever compete commercially with normal gasoline, but that bioethanol "offers a more economic and sustainable blending component."



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