They’ll Put the Cellulose in Cellulosic Ethanol
One of the keys to staying ahead of the game in money management is lateral thinking. I start with the trend, and then try to think of industries or companies that might benefit, but are not on everyone else's radar. With Peak Oil-driven demand for biofuels, regular readers know that I consider the people who produce the feedstock (farmers, and industries whose waste can fairly easily be converted into biofuel) to be the most certain winners. One direction this chain of logic has taken me is to forestry companies. I'm far from a forestry analyst, so I decided to...
Why Only Ethanol?
Where are butanol and other substitutes for gasoline? Jim Lane A reader writes: I’d hoped that the biofuels crowd would have gotten beyond ethanol by now. The industry has made progress creating all kinds of specialty chemicals from renewable sources and more or less successfully brought them to market. There’s jet and diesel in commercial use whether or not they’re yet profitable. However they have made zero commercial progress on anything other than ethanol for gasoline. All the major advances have involved better and better ways to crank out ethanol. I don’t see the auto industry co-operating...
Ethanol, NAFTA, Tortillas and Walmart?
Author Neal Dikeman is a founding partner at Jane Capital Partners LLC, a boutique merchant bank advising strategic investors and startups in cleantech. He is the founding contributor of Cleantech Blog, and a Contributing Editor to AltEnergyStocks.com. Quick, what do Ethanol, NAFTA, Mexican Tortillas and Walmart have in common? Don't know? Well here's the story. I am fascinated by the discussion about ethanol feedstocks issues. There has been a lot of talk about corn production for ethanol either crowding out beef or food production, or driving up the price of food, or failing to supply the demand...
Renewable Fuels’ Dunkirk
by Jim Lane
It’s been a very busy week in Washington DC, the high point being a letter to seven senators sent late Thursday by EPA Administrator Scott Pruitt, who took significant (and as of a few days ago, unexpected) steps toward strengthening the foundation for ethanol and renewable fuels.
The truth? It’s a Trump Administration back-down. EPA overreached on de-clawing the Renewable Fuel Standard on behalf on some grumpy oilpatch donors (known as GODs), and the Trump Administration managed to revive a Grand Alliance around renewable fuels — one that now includes almost 40 members of the United States Senate,...
Green Star Products to Construct Total Bio-Refineries
Green Star Products Inc (GSPI) announced its plans to construct total Bio-Refinery Complexes for production of both biodiesel and biomass ethanol at each facility. The first Bio-Refinery is planned to be in North Carolina (see GSPI press release dated April 20, 2006) and the location of the second facility is to be announced soon in the northwestern sector of the United States. Each GSPI-designed Bio-Refinery will have a start-up production of between 10 or 20 million gallons per year with quick expansion capabilities. The facility infrastructure will be capable of expanding to 60 million gallons per year...
3 Alternative Energy Stocks You Need to Know
In the face of a declining overall energy market today, three of our favorite alternative energy stocks posted strong gains on high volume. The Oil Services HOLDRs ETF (OIH) was down 2% and the PowerShares WilderHill Clean Energy ETF (PBW) was down 1.7%. Indeed, the vast majority of the energy stocks that we track were in the red. But bucking the trend were two energy stocks that we have profiled in the recent past and a third company that we will begin covering today. First on the list is our favorite wind energy play, Welwind Energy International...
What I Sold: Pacific Ethanol (NASD:PEIX)
This entry continues a series on companies I sold as part of a portfolio cleanup prompted by the mess on Wall Street. In the first entry I describe what I plan to do with the cash, and the second was about Carmanah Technologies. UQM Technologies was one I didn't sell. In May of last year, I took a look at competitive forces in the corn ethanol industry. While I was rather negative on the industry at the time, when ethanol stocks fell in the summer and fall of 2007, I called the bottom much too soon, and...
Fulcrum Bioenergy’s $115M IPO: The 10-Minute Version
Jim Lane The first zero-cost feedstock biofuels company comes to the public markets with its IPO. Like to see how this “Back the the Futuresque” technology unlocks value by converting household garbage into transportation fuel? Here’s our 10-minute version of the IPO from Fulcrum Bioenergy. In California, Fulcrum Bioenergy has filed an S-1 registration statement for a proposed $115 million initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined. The company proposes to list under the symbol FLCM. UBS Investment Bank...
DowDuPont To Exit Cellulosic Biofuels
by Jim Lane
In Delaware, DowDuPont (DWDP) announced that it intends to sell its cellulosic biofuels business and its first commercial project, a 30 million gallon per year cellulosic ethanol plant in Nevada, Iowa. The Nevada project is still going through start-up.
In an official statement, the company said:
As part of DowDuPont’s intent to create a leading Specialty Products Company, we are making a strategic shift in how we participate in the cellulosic biofuels market. While we still believe in the future of cellulosic biofuels we have concluded it is in our long-term interest to find a strategic buyer for our...
Cosan: No Haven for Ethanol Investors
by Debra Fiakas CFA The stark reality of basing their business model on a food commodity has been brought into sharp focus for ethanol producers. The drought settling across the U.S. corn crop is helping drive up corn prices for hog producers, chicken farms and ethanol plants alike. Investors who simply must have a position in ethanol might think the sugarcane-based ethanol producers could offer a safe haven against the supply and margin squeeze that is certain to hobble GreenPlains Renewable Energy (GPRE: Nasdaq), Pacific Ethanol (PEIX: Nasdaq) and Poet (private), among others relying on corn feedstock....
Green Plains, Green Profits
by Debra Fiakas CFA Green Plains Renewable Energy, Inc. (GPRE: Nasdaq) is one of the few U.S. ethanol producers to turn a consistent profit. The company is half way through its fifth consecutive profitable year. Sales in the most recently reported twelve months totaled $3.4 billion, on which the company earned $40.5 million in net income. During this period Green Plains generated $100.0 million in operating cash flow. Tracing Green Plains profits requires a bit of effort by investors. The company channels its products through a marketing and distribution division. Thus while, ethanol production...
List of Ethanol Stoccks
This Post was updated on 8/16/21.
Ethanol stocks are publicly traded companies whose business involves producing ethanol alcohol (C2H5OH) made from biomass for use as a fuel in gasoline blends. Common feedstocks include corn and sugar cane. Ethanol is the most widely produced and used biofuel, and all ethanol stocks are also biofuel stocks.
Aemetis, Inc. (AMTX)
Andersons Inc (ANDE)
Archer Daniels Midland (ADM)
Bluefire Renewables (BFRE)
Cosan Ltd (CZZ)
Green Plains Partners LP (GPP)
Green Plains Renewable Energy (GPRE)
MGP Ingredients (MGPI)
Pacific Ethanol (PEIX)
Raízen S.A. (RAIZ4.SA)
REX American Resources Corp. (REX)
SunOpta (STKL)
If you know of any ethanol stock that is not listed here and should be, please let us know...
Aemetis’ Cellulosic Ethanol From Orchard Waste Project
by Jim Lane
There were more than 100 presentations at ABLC last week and not a clunker amongst them, but if I were to point the reader’s attention at one or two that stood out from the rest because of the short-term or long-term implications, I’d start with the news from Aemetis (AMTX) that they are embarking now on a $158 million cellulosic ethanol plant — to be built in Riverbank, California, in partnership with LanzaTech.
Cellulosic ethanol is selling for such a high price in California right now — the value jumps north of $4.00 per gallon at times —...
Earnings Roundup: Covanta, NFI Group, Green Plains Partners
by Tom Konrad, Ph.D., CFA
Earnings Season Continues
Below are three more updates on second quarter earnings which I've been sharing with my Patreon supporters. If you'd like to support my writing and see those thoughts in a more timely manner, consider becoming a patron. becoming a patron.
For everyone else, I'm reprinting those thoughts below.
Covanta Earnings
(published August 2nd)
Waste to energy company Covanta Holding Corp (CVA) saw most of its business recovering towards the end of the second quarter. Management is reluctant to predict if the positive trend will continue into the third quarter and for the rest of the year, but...
EPA Makes Sorghum an Advanced Biofuel Feedstock
by Debra Fiakas CFA Sorghum Bicolor photo by Matt Lavin Like the Fairy Godmother in Cinderella, the Environmental Protection Agency has waved a wand and given sorghum a new dress and slippers. Sorghum has been designated as an eligible feedstock under the Renewable Fuels Standards for production of advanced biofuel. Only biofuels produced from non-corn starch, sugar, or lingo-cellulosic biomass, which reduces carbon intensity by 50% or more from a gasoline baseline, qualify as ‘advanced.’ Sorghum qualifies for advanced fuel status as the result of a 53%...
Butamax and Gevo: Bio’s Montagues and Capulets get it on, and on, and on
The 2-Minute Guide to Butamax vs Gevo, and vice-versa
