The First Coop Association is one of many stations to take advantage of the Renewable Fuels Promotional Assistance Program sponsored by the Iowa Corn Promotion Board, the Iowa Renewable Fuels Association (IRFA) and the Iowa Soybean Association. Through the Renewable Fuels Promotional Assistance Program, Iowa Corn and IRFA partners with retailers for grand openings for E85 and ethanol blender dispensers. …
Former VeraSun Ethanol Plant Now Farmer-Owned
A group of nine farmer-owned ethanol plants in the upper Midwest got together to purchase the former VeraSun plant in Janesville, Minnesota to make it an even ten. Guardian Energy LLC, headquartered in Shakopee, Minnesota recently entered into an agreement to purchase the 100-million gallon plant acquired by AgStar Financial Services’ lending group through VeraSun Energy’s bankruptcy in March of …
Green Plains Buys Two Former VeraSun Plants
Green Plains Renewable Energy will acquire two former VeraSun ethanol plants located in Nebraska, to make it the fourth largest ethanol producer in the U.S. Addition of these plants will increase the Company’s ethanol production capacity by 45%, from 330 million to 480 million gallons per year. “The acquisition of the plants in Central City and Ord lowers our cost …
New Iowa Ethanol Plant Begins Production
In a time when many plants are shutting down, a new ethanol plant near New Hampton, Iowa has started production. The Homeland Energy Solutions will produce 100 million gallons of ethanol annually, according to the Iowa Renewable Fuels Association (IRFA), which congratulated the company for its accomplisment this week. “It’s been a difficult time for the ethanol industry, but Homeland …
E85 Infrastructure Incentives Announced in Michigan
In total, the CEC was awarded $145,000 from the DeLEG and $20,000 from the Corn Marketing Program of Michigan (CMPM) to offer station owners the opportunity to sell E85. “I’m excited to work with the CEC to help bolster Michigan’s ethanol industry and increase the number of E85 pumps available to consumers,” said Pollok-Newsom. “Ethanol reduces our country’s need for …
Canadian Firm Plans Cellulosic Ethanol Plant in Mississippi
A Canadian biofuels and green technology company has announced plans to build a second-generation ethanol production facility in Mississippi using wood residue and municipal waste as feedstocks. Enerkem Inc. of Montreal plans to build the plan in Pontotoc, Mississippi and has contracted with Three Rivers Solid Waste Management Authority to supply approximately 189,000 tons of unsorted municipal solid waste (MSW) …
Oil Company Buys Ethanol Plants
When the dust finally settled yesterday, oil company Valero came out with the winning bid of $477 million for seven ethanol plants owned by bankrupt producer VeraSun Energy. According to a release from VeraSun, Valero Renewable Fuels was selected as the successful bidder for assets contained in the “VSE Group”, in addition to ethanol production facilities in Albion, Neb., and …