Groundbreaking slated for North Dakota's largest ethanol plant
August 1, 2006
BY Dave Nilles
U.S. BioEnergy Corp. announced today it will hold a groundbreaking ceremony Friday for a 100 MMgy ethanol facility near Hankinson, N.D., on the North Dakota/South Dakota border. The plant would be the company's fourth.
North Dakota Gov. John Hoeven is expected to serve as master of ceremonies for the groundbreaking of what will be the state's largest ethanol plant upon completion. The state has two operating ethanol plants with two more under construction.
The proposed Hankinson plant will consume approximately 36 million bushels of corn and produce 320,000 tons of distillers grains annually.
U.S. Bio Hankinson appears to be further ahead than several other ethanol facilities proposed for the area. Otter Tail Ag Enterprises is planning to build a 55 MMgy plant using Delta-T technology near Fergus Falls, Minn., which is 60 miles northeast of Hankinson. Cargill is also reportedly considering a 100 MMgy ethanol plant near its malt barley plant in Spiritwood, N.D., which is 140 miles northwest of Hankinson.
U.S. BioEnergy currently operates Platte Valley Fuel Ethanol, a 48 MMgy plant in Central City, Neb. The company also has a 100 MMgy plant under construction near Albert City, Iowa, and another 45 MMgy project near completion in Lake Odessa, Mich. U.S. BioEnergy also has five other projects under development. A plant site near Dyersville, Iowa, was recently selected as a future location for an ethanol facility.
In early August the company filed a registration statement with the Securities and Exchange Commission to register shares of common stock for sale by the company in an initial public offering. More information on that filing will be in the October issue of Ethanol Producer Magazine.
North Dakota's other operating ethanol plants include Alchem LLP in Grafton and an Archer Daniels Midland-owned plant in Walhalla. Red Trail Energy is under construction near Richardton and Blue Flint Ethanol is being built near Underwood. Both facilities will produce 50 MMgy.
This story will be updated following the groundbreaking ceremony.
Posted: 10:02 a.m. CDT Wednesday, August 23, 2006
North Dakota Gov. John Hoeven is expected to serve as master of ceremonies for the groundbreaking of what will be the state's largest ethanol plant upon completion. The state has two operating ethanol plants with two more under construction.
The proposed Hankinson plant will consume approximately 36 million bushels of corn and produce 320,000 tons of distillers grains annually.
U.S. Bio Hankinson appears to be further ahead than several other ethanol facilities proposed for the area. Otter Tail Ag Enterprises is planning to build a 55 MMgy plant using Delta-T technology near Fergus Falls, Minn., which is 60 miles northeast of Hankinson. Cargill is also reportedly considering a 100 MMgy ethanol plant near its malt barley plant in Spiritwood, N.D., which is 140 miles northwest of Hankinson.
U.S. BioEnergy currently operates Platte Valley Fuel Ethanol, a 48 MMgy plant in Central City, Neb. The company also has a 100 MMgy plant under construction near Albert City, Iowa, and another 45 MMgy project near completion in Lake Odessa, Mich. U.S. BioEnergy also has five other projects under development. A plant site near Dyersville, Iowa, was recently selected as a future location for an ethanol facility.
In early August the company filed a registration statement with the Securities and Exchange Commission to register shares of common stock for sale by the company in an initial public offering. More information on that filing will be in the October issue of Ethanol Producer Magazine.
North Dakota's other operating ethanol plants include Alchem LLP in Grafton and an Archer Daniels Midland-owned plant in Walhalla. Red Trail Energy is under construction near Richardton and Blue Flint Ethanol is being built near Underwood. Both facilities will produce 50 MMgy.
This story will be updated following the groundbreaking ceremony.
Posted: 10:02 a.m. CDT Wednesday, August 23, 2006
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