Agri-Ethanol Products, LLC will build a $150-million ethanol plant in Beaufort County, North Carolina. The plant will produce 114 million gallons of ethanol per year.
This will be the first ethanol plant in North Carolina and the first on the East Coast of the United States.
The ethanol production will be delivered in each of two, 57-million gallon per year phases, with the co-products output doubling accordingly. Phase I ground breaking and construction start-up is expected during the first quarter of 2006. Approximately $2 million will be utilized through various grant sources from the State to facilitate rail improvements critical to the operation of the plant.
The plant will consume in excess of 20 million bushels of grain per year for each phase and can use corn or grain sorghum interchangeably. An additional crop, hull-less barley, is expected to be integrated into the operation of the facility at some date in the future, as will bio-diesel production.