The Andersons
Date: 2020-05-15
Maumee, Ohio-headquartered ethanol producer The Andersons Inc is reporting the resumption of operations at its Albion, Mich. and Denison, Iowa, ethanol plants. As previously reported the company shut down its five plants for "extended maintenance" but a recent increase in gasoline demand has allowed for some capacity to come back online.

The company noted it expected Q2 production across its five plants at 50 pct of capacity and a slow recovery for ethanol. (Source: The Andersons Inc, Seeking Alpha, 13 May, 2020)Contact: The Andersons Inc, Pat Bowe, CEO, (419) 893-5050, www.andersonsethanol.com

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The Andersons
Date: 2020-05-11
According to its recently released Q1 earning report, Maumee, Ohio-based The Andersons Inc -- The Andersons Ethanol Group lost $29.4 million in Q1, 2020 compared to a $5.4 million profit in the same period of 2019. The loss is being widely attributed to thew the CONID-19 crisis and greatly diminished demand for transportation fuel.

In March the company ceased production at its Colwich, Ks. ELEMENT facility and soon thereafter shut down production at four facilities owned by The Andersons Marathon Holdings LLC (TAMH), a joint venture between The Andersons and Marathon Petroleum Corp.

The Andersons as the Plant Nutrient Group made $20.4 million and adjusted EBITDA improved by $1.9 million year-over-year. The Andersons is implementing cost-cutting measures and plans to cut 2020 costs by $20 million. (Source: The Andersons, Toledo Blade, 6 May, 2020) Contact: The Andersons Inc, (419) 893-5050, hostmaster@andersonsinc.com, www.andersonsinc.com

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The Andersons, Marathon Petroleum
Date: 2019-10-02
In the Buckeye State, Maumee-based The Andersons, Inc. reports it and Marathon Petroleum Corporation have merged four ethanol entities with and into the new legal entity The Andersons Marathon Holdings LLC (TAMH) -- 50.1 pct Marathon and 49.9 pct The Andersons.

The merge includes ethanol facilities in Albion, Mich.; Clymers, Ind.; and Greenville, Ohio, which were all previously jointly owned by The Andersons and Marathon Petroleum; and The Andersons' wholly-owned ethanol facility in Denison, Iowa. Under the merger, The Andersons will continue to operate the four plants. The merged entities combined debt has been refinanced under a new $200 million TAMH credit facility, according to the release (Source: The Andersons, Inc., PR, 2 Oct., 2019) Contact: The Andersons, www.andersonsinc.com

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Element LLC,The Andersons,ICM Holdings
Date: 2018-05-23
Following up on our March 9 coverage, Element LLC, a collaboration between ICM Holdings and The Andersons, Inc. reports construction is underway on a new $175 million corn ethanol plant in Colwich, Kansas.

The plant, which will produce corn oil, ethanol, cellulosic ethanol, DDGs for livestock feed is slated to open next spring. (Source: Wichita Eagle, AP, ICM, Others, 22 May, 2018)Contact: Elements LLC, (316) 796-0900, www.icminc.com; The Andersons Inc, (419) 893-5050, www.andersonsethanol.com

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Date: 2018-05-04
E Market Research is offering Biofuels Market Leading Manufacturers 2018 biofuels market report, an in-depth investigation on the competitive biofuels market.

Key players included in the global Biofuels market report are: China Agri-Industries Holdings, COFCO Biochemical (AnHui), Raizen, ADM, Tianguan Group, Cargill, POET, Big River Resources, Vivergo, The Andersons, BP, Pacific Ethanol, Flint Hills Resources, Green Plains, CropEnergies, Valero, Abengoa Bioenergy and Jilin Fuel Ethanol

The report analyzes the biofuels market by: type-- Biodiesel and Bioethanol; end users -- industrial fuels, transportation fuels and Chemical industry; regions; distributors; dealers; traders and manufacturers including contact information, production strategies, the scope of the Biofuels product, their capacity, worldwide productivity, and revenue generation.

Details and a PDF sample copy of this study HERE (Source: E Market Research, May, 2018) Contact: E Market Research, (857) 239-0696, nquiry@market.biz, http://emarketresearch.us/global-biofuels-market-2017-2022

The Andersons ,ICM
Date: 2018-03-09
The Andersons Inc and Kansas-headquartered grain ethanol technology specialist ICM Inc. are reporting a joint venture project called Element LLC. The JV will construct and operate a 70 million gpy, dry mill ethanol plant adjacent to ICM's headquarters in Colwich.

Construction is expected to get underway early this year for start-up in spring of 2019. The facility will feature heat and power generation from waste wood, high protein distillers dried grains (DDGs), cellulosic ethanol production from corn kernel fiber and advanced corn oil production.

The project's ethanol output is expected to be marketed in California and other emerging low carbon markets. (Source: The Andersons, ICM, Mar., 2018) Contact: The Andersons Inc, (419) 893-5050, www.andersonsinc.com; ICM, (316) 796-0900, www.icminc.com

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