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VeraSun Announces Sixth Ethanol Plant; Total Capacity of 670 Million Gallons
18 April 2007
VeraSun Energy Corporation, the nation’s second-largest ethanol producer, announced plans to build a 110 million gallon per year corn ethanol biorefinery in Reynolds, Indiana (BioTown USA).
The biorefinery will be VeraSun’s sixth facility and will increase the its annual production capacity to 670 million gallons upon completion. Currently, VeraSun has three biorefineries in operation and two additional facilities under construction.
BioTown USA was launched in September 2005 by Indiana Governor Mitch Daniels and is the first community in the country that is focused on meeting all of its energy needs through biorenewable resources. Reynolds is located approximately 85 miles northwest of Indianapolis.
Upon completion, tentatively scheduled for the fourth quarter of 2008, the plant will process about 39 million bushels of corn to produce 110 million gallons of ethanol and 350,000 tons of distillers grains annually.
April 18, 2007 in Brief | Permalink | Comments (1) | TrackBack (0)
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Corn Ethanol is a hopeless cause, but good for the companies stock no doubt.
Posted by: Adam Galas | April 18, 2007 at 03:24 PM