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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  

July 12, 2002

KAAPA Ethanol, LLC Begins Construction

Nebraska Has Seven Ethanol Plants and Two Under Construction

Washington, DC – The Renewable Fuels Association (RFA) today congratulated the farmer-owners of KAAPA Ethanol, LLC as they began construction on their ethanol plant near Axtell, Nebraska. KAAPA becomes the second ethanol plant currently under construction in the state. Nebraska is home to seven existing ethanol plants.

“Farmers continue to drive the growth and diversity of the ethanol industry,” said Bob Dinneen, president of the RFA. “Taken as a whole, farmer-owned ethanol plants are the single largest ethanol producer today. I congratulate KAAPA’s farmer-owners on the beginning of construction for their plant. They are joining the most exciting industry in the energy business.”

There are currently 63 ethanol plants operating in the United States and 14 plants under construction.

Exxon Mobil to phase out MTBE in Calif. early

By Soo Youn

NEW YORK, July 11 (Reuters) - Exxon Mobil Corp. (XOM), the world's largest oil company, on Thursday became the latest major refiner in California to set an early date for phasing out a fuel additive that has contaminated ground water, in a move that could result in price spikes and gasoline shortages.

The Irving, Texas-based company said it would phase out methyl tertiary butyl ether (MTBE) and convert to ethanol by early 2003, nearly a year ahead of a deadline set by California Gov. Gray Davis in March.

Minnesota Corn Processors to merge with ADM

MARSHALL, Minn., July 11 (Reuters) - Minnesota Corn Processors LLC said on Thursday it had agreed to merge with a subsidiary of agribusiness giant Archer Daniels Midland Co. (ADM) in a move that would bolster ADM's market-leading ethanol production capacity.

ADM agreed to pay MCP shareholders $2.90 for each Class A unit in the cash-for-stock deal, MCP said in a statement.

The merger was subject to shareholder approval, and MCP said it was tentatively planning a vote in late August.

"The price of $2.90 per Class A Unit represents a very significant premium over the recent market price of the Class A units, which have been trading around $1.00," MCP President and Chief Executive L. Dan Thompson said in a statement.



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