One of two Florida ethanol plants planned by U.S. EnviroFuels is not going to happen now.

The company had run into issues earlier this year in negotiating a lease agreement to construct a 40 million gallon a year plant at Port Manatee. Company officials say because those issues could not be resolved, they are cancelling plans for the plant.

However, they intend to move forward with a similar plant at the Port of Tampa, which would be the first ethanol plant to be built in Florida. The plant is reportedly on track to be completed in 2008.

Read more from the Bradenton Herald and the St. Petersburg Times