Wednesday, June 24, 2009

"near by ethanol distilleries"

Biodiesel plant to get $25 Mln USDA loan guarantee

WASHINGTON, June 24 (Reuters) - The Agriculture Department said on Wednesday it has approved a $25 million loan guarantee so Soymor Biodiesel can expand its production of advanced biofuels.

The money will allow Soymor, of Albert Lea, Minnesota, to purchase equipment to convert multiple feedstocks into biodiesel. At present, it can process only soybean oil.

Alternative feedstocks would include an unrefined corn oil waste product from nearby ethanol distilleries.

See Rest of Article here:
http://www.claridenleu.com/research/index.cfm?fuseaction=research.reutnews&detailType=newsDetail&nid=1245880754nN24510810&lang=en&cfid=350910&cftoken=23607227

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First of all, thanks to a post on I-Hub by jobynimble that pointed us on to this one.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39020424

So just who are those nearby ethanol Distilleries?

Well, I know that the Lakota 100mmgy Ethanol distillery, 2 miles west of Lakota IA and owned by Global Ethanol - Using the hwy 9 - hwy 69 - I35 route is just under 70 miles from the SoyMor Plant at 780th Ave Albert Lea, MN 56007. Could this be the plant that will process the corn oil from the future Lakota GERS COES? Sure it could. But as you can see the Lakota Plant and Albert Lea are both at GROUND ZERO when it comes to Ethanol Production in the United States. LOTS of plants in the area.
This map explains a lot about the national politics of ethanol and who supports it and who does not. Stay tuned.

Take a closer look where I got the map:
http://ethanolproducer.com/plantmap/

SkunK

1 comment:

John Florida said...

I noticed something interesting,Greenshift link on Globals website has been removed..Hmmmmmmmmm!!! What could that mean????

 
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