White Energy Hereford LLC, a Texas-based energy company, has announced plans to build a 100-million-gallon-per-year ethanol plant in Hereford, Texas—the first of three such planned for development in the US, and the largest (of two) in the state.
The Hereford plant is scheduled to be operational by the 4Q 2006.
White Energy Hereford is a wholly-owned subsidiary of White Ventures LLC, a $250 million venture capital firm located in Dallas.
Currently, according to the Renewable Fuels Association, there is only one other ethanol plant under construction in Texas—a $40-million, 30-million-gallon per year plant owned by Panhandle Energies of Dumas. Construction began in November, 2004.
Both Dumas and Hereford are in the Texas Panhandle.