Articles written by Lee Enterprises Consulting Bioeconomy Expert(s)

Hiring an Expert Witness in Bioeconomy Litigation

Hiring an expert witness in the bioeconomy can be a bit tricky.  In August 2017, I published an article that focused on important things that attorneys involved in biofuels or biochemical litigation should look for when choosing an expert witness.[1]  This article explores the subject of expert witnesses in a bit more depth, including where…

Read more

2018 State of the Bioeconomy

(This 2018 State of the Bioeconomy is brought to you by Lee Enterprises Consulting, Inc.  It was written by CEO Wayne Lee and LEC member Mark Reidy.  Mark J. Riedy is a Partner at Kilpatrick Townsend & Stockton LLP in Washington, DC and Chairs its Energy, Project Finance & Clean Technologies Practice of more than…

Read more

Hedging Ethanol Production

By Robert Boslego Ethanol accounts for around ninety-four percent of the renewable fuel market in the United States. Average daily production and consumption is over one million barrels per day.  This represents more than ten percent of the U.S. gasoline market, the largest in the world. Ethanol is a renewable resource primarily produced from corn…

Read more

Ethanol Price Relief Requires Further Production Cuts

The price of ethanol per gallon dropped to its lowest level in more than a decade on November 29th to $1.0928 (FOB Omaha). Based on monthly data from the USDA, the price of ethanol has even been less than the corn cost per gallon of ethanol (based on one bushel or corn yielding 2.7 gallons…

Read more

The Compelling Case for BioJet Fuels

THE COMPELLING CASE FOR BIOJET FUELS By: Jess Hewitt and Jonathan Lewis, Lee Enterprises Consulting Biojet fuels (aka sustainable aviation fuels) are in the news a lot lately, with one carrier after another announcing a test flight.   But widespread use by most airlines just does not seem to be happening. Why? Let’s look at the…

Read more

Appraisals for Expert Witness Testimony & Estate Tax Purposes

Appraisal Expert Witnesses in the Bioeconomy? Experts in the appraisal of renewable fuels business and plants must have substantial and specialized economic and engineering capabilities, in addition to the general and specialized appraisal capabilities. These skills include business appraisal, machinery, and equipment appraisal, and real property appraisal capabilities.  The appraisers ought to be designated by…

Read more

Appraisal and Valuation Considerations in an Acquisition

Understanding value and price is always critical in a business transaction. It is an important consideration for various stakeholders including financing partners, investors, or other key stakeholders. Appraisal and valuations can assist in negotiations and provide support for compliance considerations for banks, underwriters, the IRS, or other regulatory entities. Valuations and appraisals of business acquisitions…

Read more

Good Boiler Management Saves Money and Promotes Longevity

By: Dennis Zeedyk, Lee Enterprises Consulting Glycerin Traders LLC’s flagship operation, based in Defiance, OH, takes in waste raw glycerin from biodiesel companies and acidulates it to remove the fats, methanol and some water that is then further distilled to nearly 100% purity. This year the Defiance plant spent an average of about $15,000/month on natural…

Read more