US BioEnergy Corporation, one of the largest producers of ethanol in the United States, just got bigger. The company has agreed to acquire Millennium Ethanol, which is constructing a 100 million gallon ethanol plant near Marion, South Dakota, expected to begin production in the first quarter of 2008. With this acquisition, US BioEnergy will have 8 plants in 6 states …
New MO Ethanol Plant Plans
The Missouri Corn Growers Association reports that a new ethanol plant is in the works for northeast Missouri. Mississippi Valley BioEnergy, LLC (MVBE) announced that it plans to build a 100 million gallon per year dry mill production facility near West Quincy. MVBE recently signed a letter of intent with ICM, Inc. to provide services related to the design, construction …
POET Breaks More Ground
This week, POET held a groundbreaking ceremony in Marion, Ohio for the second of three planned ethanol production facilities in the Buckeye State. The North Central Ohio community of Marion is located in Marion County 50 miles north of Columbus. POET Biorefining Marion, a $130 million production facility, will annually produce 65 million gallons of ethanol and 178,000 tons of …
US BioEnergy Nebraska Plant Starts Production
US BioEnergy has announced that its Ord, Nebraska ethanol plant has begun production. The company broke ground on the 50 million gallon per year ethanol plant in December 2005 and completed construction ahead of the normal 20-month schedule. US Bio Ord, located in central Nebraska and adjacent to the Nebraska Central Railroad, is expected to produce approximately 50 million gallons …
Largest Eastern Corn Belt Plant Begins Production
The Andersons, Inc. announces production has begun at the 110-million gallon ethanol plant in Clymers, Indiana. According to the company, the facility is the largest, dry-mill ethanol plant east of the Mississippi. “We are pleased to have our second ethanol plant operational,” says Mike Anderson, President and CEO of The Andersons, Inc. “We are especially happy to bring this operation …
Billion Gallon POET
With the grand opening of POET Biorefining – Corning in Iowa on Friday, POET became only the second company to claim an annual ethanol production capacity of over one billion gallons. Jeff Broin, CEO of POET, said, “We’ve come a long way since we started with a one million gallon facility 20 years ago, but what really motivates us is …
Another POET Plant
POET has announced plans for another new ethanol plant. The company has selected a site near North Manchester for it’s third ethanol production facility in the state of Indiana. Jeff Broin, President & CEO of POET, said, “North Manchester is in the heart of Indiana’s Corn Belt and provides an excellent location for an ethanol plant. We are honored that …
POET Groundbreaking in Ohio
Right after POET™ opens it’s 20th ethanol production facility this Friday in Iowa, the company will be preparing to break ground on yet another plant, this one in Ohio. On May 16, POET will hold a groundbreaking ceremony for POET Biorefining – Marion, located in north central Ohio about 50 miles north of Columbus. When complete, the plant will produce …
Houston Port in Gulf Ethanol Plans
Gulf Ethanol plans to build a facility for ethanol production and blending near the Port of Houston. According to the company, the site is being evaluated to accommodate a production facility of 30 million gallons per year of ethanol. Continued engineering studies will be required to determine construction costs and permitting as well as the time line for implementation. Gulf …
Australian Ethanol Investment
International investment and advisory firm Babcock & Brown has finalized plans to acquire Iroquois Bio-Energy Company of Rensselaer, Indiana. This is the Australian firm’s fourth investment in the US ethanol industry. In January 2006, Babcock & Brown Environmental Investments completed the acquisition of Diversified Energy Company, whose primary asset is a 25 mgpy facility in Morris, Minnesota. Babcock & Brown …