White Energy to Build Ethanol Plant in Texas

The Texas Commission of Environmental Quality approved White Energy Ltd.’s air permit for the construction of a 100-million-gallon-per-year ethanol plant in Hereford, Texas. The plant will be adjacent to an existing grain elevator owned and operated by Archer-Daniels-Midland Company (ADM) where White Energy will store grain prior to processing.

“This project undoubtedly will be a dynamic catalyst with many positive results for the environment as well as this community. Working with local leaders to bring the first Texas ethanol plant to Hereford is the first step in our plans to build several ethanol plants in the U.S. within the next three years,” said Trey White, White Energy CEO. The plant will create 38 full-time jobs and support an additional 650 jobs for the area. Plant construction is expected to provide an additional $18 million in spendable income to the local economy and inject more than $100 million into the construction economy within the first year. “We’re excited about White Energy’s production facility coming to Hereford as well as the environmentally positive alternatives ethanol brings to agriculture producers and consumers,” said Mike Mauldin, president of Hereford State Bank. Fagen Inc. will oversee construction of the ethanol plant; Industry Consulting and Marketing, Inc. will engineer and design the plant. White said plans are to break ground before the end of the year and begin ethanol production late in 2006. “As a grain sorghum producer in Hereford, I’m excited about the opportunities ethanol brings to this area,” said Joe Perrin, Deaf Smith County farmer. “I’ve worked with the developers of the White Energy Hereford project since the beginning, and I’m glad to see something so beneficial to this area come together.”
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