In Louisiana, Agri Process Innovations has announced the startup of Oswalt Bioenergy of Lake Providence, Agri’s twenty second biodiesel plant opening. Chemical engineer Brian Mattingly led the startup for the Louisiana company. Mattingly said that this startup, which was completed in only seven days, went smoothly, largely due to good planning and coordination between APInnovations and Oswalt Bioenergy. The facility is expected to have a 5 million gallon capacity, using multiple feedstocks.
“We checked all of our instruments, motors, and control loops prior to startup, and Oswalt had everything we needed on site and ready to go,” says Mattingly.
Oswalt Bioenergy is owned by Sonny Oswalt, and managed by his son, Hal Oswalt. Both are pleased with the plant’s startup and the timing. Their goal is to have Oswalt Bioenergy ready to sell biodiesel very soon. Hal Oswalt notes an ongoing demand for biodiesel pursuant to RFS2, and says that a lack of plants in his immediate area region helped make the decision to move forward with this five million gallon per year, multi feedstock plant. He is emphatic about enlisting the proper support as one of the keys to success.
“When we started this process, we selected Agri Process Innovations because we found them to be the most experienced engineering group in the industry and the ones whose technology was the most tried and tested,” says Oswalt.
“In six days, we were up and running at full nameplate capacity with a product that passed all our testing,” says Hal Oswalt.
The Oswalts used the Feedstock Financing Program offered by INTL FCStone Inc.’s wholly owned subsidiary FCStone Merchant Services, LLC allowing the plant to operate at full capacity. INTL FCStone Inc. provides a wide variety of risk management services to assist plant operators in managing and maximizing plant profit margins.
“The past five years in the biodiesel industry have been extremely volatile” says Nate Burk of FCStone Merchant Services’ Renewable Fuels Group. He notes that the ongoing growth of the biodiesel industry speaks volumes to the dedication and commitment of companies like Oswalt Bioenergy. “FCStone Merchant Services is pleased to have the opportunity to work with the Oswalts during their initial start-up and we look forward to a long lasting relationship,” says Burk.