The Iowa Renewable Fuels Association has announced that Iowa Gov. Chet Culver will be the keynote speaker for the 2nd Annual Iowa Renewable Fuels Summit on January 31. Culver has made maintaining Iowa's first-in-the-nation status on renewable fuels one of his top priorities.
"We're very excited to have Gov. Culver join us at this event," says IRFA Executive Director Monte Shaw. "Our governor has made renewable fuels a centerpiece of his economic agenda for Iowa. Rising commodity prices and land values and thousands of new good paying jobs have provided a tremendous boost to Iowa's economy and the state's coffers. Culver's $100-million Iowa Power Fund will help keep this momentum going."
The event will be held from 1 p.m. to 5:30 p.m. at the Polk County Convention Center in Des Moines. It is free and open to the public but pre-registration is required. You can register online at www.IowaRFA.org, where you'll find more links and information relating to the summit. Or call 515-252-6249 to register.
"This is the best renewable fuels conference anywhere…for the money," says Shaw. "The program is designed for everyone from the general public to industry insiders. We'll explore the economic impact of renewable fuels. We'll learn about advances in feedstock and production technology. And we'll learn about exciting new markets for renewable fuels."
Siouxland completes major expansion
IRFA also announced last week that Siouxland Energy and Livestock Cooperative recently completed a major expansion at its ethanol refinery near Sioux Center in northwest Iowa. The plant will now be able to process more than 20 million bushels of corn into nearly 60 million gallons of ethanol per year.
It'll also produce 400,000 tons of wet distillers grains and 140,000 tons of condensed distillers solubles (syrup) annually. The expansion of the Sioux Center plant pushes Iowa's ethanol production capacity over 2 billion gallons annually. Iowa is the largest ethanol-producing state.
"Siouxland Energy's expansion is a great way to start the year," says Monte Shaw, IRFA executive director. "Iowa is No. 1 in ethanol production with over 2 billion gallons of annual capacity. Although the current economics are challenging for ethanol producers and profit margins are slim due to increased corn costs and other expenses--the new federal energy bill that passed in late 2007 and was signed into law will allow the United States to continue to see a bright future for the ethanol industry – with Iowa leading the way."
Iowa surpasses 2 billion gallon capacity
Siouxland Energy and Livestock Co-op general manager Bernie Punt says, "Our co-op, the oldest operating farmer-owned ethanol plant in Iowa, has a new perspective today in the extremely fast changing ethanol industry. Our expansion project helps keep our plant competitive so we can continue adding value to the farming operations in northwest Iowa."
Iowa is the leader in renewable fuels production. Iowa now has 29 ethanol refineries with the capacity to produce over 2 billion gallons annually. There are 17 ethanol refineries under construction or expansion that will add nearly 1.6 billion gallons of annual capacity in Iowa. In addition, Iowa has 14 biodiesel refineries with a combined annual capacity of over 315 million gallons in operation. Two biodiesel refineries under construction will add 35 million gallons of capacity. Many additional renewable fuels projects are under development.
The Iowa Renewable Fuels Association was formed in 2002 to represent the state's ethanol and biodiesel producers. The trade group fosters the development and growth of the renewable fuels industry in Iowa through education, promotion, legislation and infrastructure development.