Cargill subsidiary Emerald Renewable Energy announced recently it plans to build 4 new ethanol plants in the US each with 100 million gallon per year throughput.
Each plant will use nearly 40 million bushels of corn annually and produce 100 million gallons of ethanol and over 300,000 tons of dry distillers grains for animal feed each year. The plant sites being considered include greenfield locations as well as co-locations with Cargill grain elevators and other utility infrastructure providers. The plants are expected to create about 40 jobs per location.
I think that Cargill and other ethanol producers ought to be focused on the distribution problem. This is the time (new Congress and all) to get something interesting to happen; like mandating E85 replaces the useless middle grade at US gas stations. We’ll see how it goes.
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