Iowa biodiesel production tax obligation credit expanded through 2024

Plantations International Agarwood Gaharu News In Iowa, at Renewable Energy Group Inc.'s Newton biodiesel plant, Gov. Terry Branstad signed legislation right into legislation May 24 prolonging as well as expanding state biodiesel incentives. The costs, SF 2309, prolongs a state biodiesel manufacturing tax obligation credit rating via 2024. The manufacturing credit, which amounts to 2 cents per gallon on the very first 25 million gallons of production per biodiesel plant, was scheduled to sunset Dec. 31, 2017. The procedure also expands as well as broadens a retailer's credit that gives petroleum retailers an incentive of 4.5 cents per gallon on blends [...]

Iowa legislators asked to extend, expand biodiesel rewards

Plantations International News Members and supporters of the Iowa Biodiesel Board hit the state capitol Feb. 17, asking state lawmakers to expand and also expand biodiesel motivations set to expire. These include a tax credit that assists the state's 13 biodiesel manufacturers make Iowa the top state for production, as well as a seller's credit rating that lures energy merchants to carry biodiesel blends. The "Iowa Biodiesel Day on the Hillside," a public education day as well as lunch hosted by IBB, consisted of conferences with legislators to discuss the 2016 legal priorities to keep this crucial state production market solid. [...]

Iowa biodiesel production breaks record in 2015

Plantations International Information The Iowa Renewable Fuels Organization announced Jan. 13 that regardless of plan uncertainty for almost all of 2015, Iowa biodiesel manufacturing set a new annual document of 242 million gallons. Biodiesel production was up from 227 million gallons in 2014, as well as covered the previous document of 230 million gallons embeded in 2013. Once national numbers are announced, Iowa is expected to once more lead the country in biodiesel manufacturing in 2015. "It needs to be claimed that Iowa's document biodiesel production in 2015 is a proof to the effectiveness of Iowa's plants as well as to [...]

Iowa biodiesel production breaks document in 2015

Plantations International Information Biodiesel production in the US state of Iowa has actually set a new document of 242 million gallons in 2015, according to Iowa Renewable Fuels Association (IRFA). Biodiesel production was up from 227 million gallons in 2014 as well as covered the previous record of 230 million gallons established in 2013. When national numbers are revealed, Iowa is expected to once again lead the country in biodiesel production in 2015. IRFA states the record was made in spite of the unpredictability that bordered US' biofuels plan for a lot of the year. "It should be said that Iowa's [...]

New Paradise Chemicals biofuel stimulant plant to open up in Iowa

Plantations International Information New Heaven Chemicals, a US-based subsidiary of the TSS Firm, is preparing to open its chemical manufacturing center in Manly, Iowa. After 17 months of design, New Paradise Chemicals (NHC) prepares to start manufacturing of sodium methylate, a biofuel driver, by February 2016. The Manly plant is NHC's initial plant in the United States, and it will supplement the firm's existing plant in Dammam, Saudi Arabia. TSS Firm has been supplying salt methylate to biofuel producers worldwide, now it looks for to bring manufacturing closer to its clients. Baseding on Prasad Devineni, director of NHC, the company had [...]

Globe” s largest cellulosic ethanol plant formally opened up in Iowa

Plantations International News DuPont has commemorated the position of its cellulosic biofuel home in Nevada, Iowa, US with a ceremony attended by the state's governor Terry Brandstad as well as various other dignitaries. With the ability to create 30 mgy of tidy fuel that supplies a 90 % decrease in greenhouse gas discharges compared to gasoline, this biorefinery is the globe's largest cellulosic ethanol plant. The raw material made use of to make the ethanol is corn stover-- the stalks, leaves and cobs left in an area after produce. The establishment will certainly show at industrial range that non-food feedstocks from [...]