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Cargill among companies allowed to market E15 gasoline

The U.S. Environmental Protection Agency approved 20 companies to market ethanol in a 15 percent blend with gasoline.
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The U.S. Environmental Protection Agency approved 20 companies to market ethanol in a 15 percent blend with gasoline.

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3M, Cargill, General Mills among companies to share energy secrets

Several companies gathered to swap power-saving tips at 3M's energy-efficiency summit on Monday. The Maplewood-based company touted its plan to change light bulbs across 35 million square feet of factory space, the Star Tribune reports.

Cargill profits drop 88 percent

The food giant's second-quarter profits are down 88 percent from a year ago even as sales increased 17 percent. The company's CEO pegged the disappointing results on its weak meat business and a poor sugar market, as well as political uncertainties.

Cravaack joins call to roll back federal ethanol requirement during drought

Federal law requires that gasoline be blended with ethanol or other biofuels. About 40 percent of the nation's corn now goes toward ethanol production. But in a year when dry weather will mean less corn and higher prices, Minnesota's Chip Cravaack is among Congressmen urging that more of the crop be used as food.

Study: Minnesotans will pay premium for E85

The ethanol blend is usually cheaper per gallon than regular gasoline, but new research says owners of flex-fuel vehicles keep buying even when the blend's price tops the conventional choice. Why is unclear, but drivers might believe they're making a better environmental choice. The study's author says leaders should consider the findings when drafting ethanol policies.

Livestock farmers seek pause in ethanol production

Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the Environmental Protection Agency waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver, siding with corn growers – many of them in presidential election battleground states Iowa and Ohio – who continue to support the mandate.

Cargill to boost biodiesel production in Missouri

Cargill Inc. plans to increase the production capacity of its joint-venture Paseo Biofuels LLC biodiesel plant in Kansas City by 40 percent, Reuters reports. The Minnetonka-based agriculture giant expects the expansion to be complete by March 2013.

Minnesota ethanol companies struggling to make profits

Judging reports from six Minnesota ethanol plants this quarter, the industry needs something to turn up the gas. The Star Tribune reports that of five of the six companies that reported earnings didn't turn a profit.

Cargill to open $250 million chicken broiler in China

Wayzata-based Cargill Inc. says the company plans to operate one the largest poultry broiler production facilities in China next year. The facility currently under construction will raise 65 million birds a year. Cargill invested $250 million into the plant. China's poultry industry is rapidly expanding with annual growth at 5 to 6 percent.