The biggest biodiesel plant in the world is being built in Claypool, Indiana, according to this article from IndyStar.com. The project, which was announced last year, combines a soybean processing plant with a biodiesel production plant. The facility will crush nearly 50 million bushels of soybeans a year, producing more than 1 million tons of soybean meal for animal feed and 80 million gallons of biodiesel. The plant is being bulit by global agribusiness giant Louis Dreyfus, a French conglomerate that is into just about everything from citrus to coffee to cotton, real estate and manufacturing to telecommunications – you name it. They have offices in Asia, Argentina, Canada and Kansas City, just to name a few. My question is, why Claypool Indiana? This little burg with a population of 311 according to the 2000 census is located about halfway between Ft. Wayne and Chicago – which might be a reason. During the aforementioned Ag Energy Summit in Washington, DC, Indiana Governor Mitch Daniels announced that the state is providing between somewhere in the neighborhood of $6.5 million in tax credits and other incentives to Louis Dreyfus to build the plant.