This Week in Ethanol

The ethanol industry is progressing so rapidly, that in order to cover the news in an expedient way, we present this ongoing series of weekly news overviews.

In Sioux City, Iowa, the Associated Press reports plans for another ethanol plant in Iowa. A Sioux City firm, Chief Energy Company, said it will build a 200 million dollar plant just south of the city. It’s part of a larger biotech campus that could include two other renewable fuels plants in the future. Construction on the corn-ethanol plant is expected to begin later this year. The company also plans to build a bio-refinery and renewable fuels campus over four to seven years. The second phase calls for a biodiesel plant, followed by a cellulosic ethanol plant. In Iowa, KJAN reports that one of the two proposed ethanol plants near Atlantic is doubling in size. “Amaizing Energy” had described a plant on the city’s northwest side that would make 50-million gallons of the alcohol fuel per year. Amaizing Energy Board Chairman Sam Cogdill told the Cass County Board of Supervisors they’re now looking at twice that output. … Cogdill says a 100-million gallon plant can pay 18-cents per bushel more for corn, and still have the same level of return. The reports pending construction for a $100 million ethanol plant destined for Joliet, Illinois, by Northern Illinois Ethanol and Global Ethanol Pty Ltd of Australia. It is expected to create 350 jobs and produce 50 million gallons of fuel annually, using natural gas for power. The state’s EPA approved the permits, city approval is under way. The reports two new Iowa ethanol plants were announced: Green Plains Renewable Energy plans to build a 50 million-gallon-a-year plant near Superior that will be similar to a plant Green Plains is building in Shenandoah. The Superior plant will open in spring 2007. River/Gulf Energy, a group associated with Alter Barge Line, will break ground later this year for the first phase of a 100 million-gallon plant in Buffalo, near the Quad Cities. The first phase will have a 50 million-gallon capacity and take 15 months to build.
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