The company announced it has signed agreements to purchase two former VeraSun plants in Linden, Ind., and Bloomingburg, Ohio, from ASA Ethanol Holdings LLC (Linden, Ind.), and a plant in Jefferson, Wisconsin, from bankrupt Renew Energy LLC (Jefferson, Wis.).The Linden plant has a nameplate capacity of 110 million gallons per year, and the Jefferson plant can produce 130 million gallons per year. Both plants utilize corn feedstock. The 110 million-gallon-per-year Bloomingburg plant is shuttered, and production is expected to resume during the first quarter of 2010.
The Indiana and Bloomingburg plants utilize ICM Incorporated (Colwich, Kan.) process technology and the Jefferson plant has Delta-T Corporation (Williamsburg, Va.) technology.
When the acquisition is complete and all of the plants are producing, Valero will have an annual production capacity of more than 1 billion gallons of ethanol, ranking them among the top domestic producers.
Back in the first quarter of 2009, Valero purchased five operational directly from bankrupt VeraSun for $280 million, a steal of a deal. The plants are in Aurora, S.D.; Charles City, Fort Dodge and Hartley, Iowa; and Welcome, Minn. The five plants combined have the capacity to produce 670 million gallons per year of fuel ethanol.
Industrial Info's Ethanol Database provides a comprehensive outline of all current development activities in the emerging alternative fuels market. This database covers 177 ethanol plants in operation and 530 plants under development. It also covers 145 operational biodiesel plants and 245 biodiesel plants under development.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high-resolution maps, and daily industry news. For more information, visit www.industrialinfo.com.
