$2 or higher gas - Can ethanol make a comeback? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : $2 or higher gas - Can ethanol make a comeback?

DAR 34.83

+0.3%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: richardred who wrote (2553)	8/4/2007 7:33:49 PM
From: richardred	of 2801

Abengoa to put plant in Hugoton BY PHYLLIS JACOBS GRIEKSPOOR The Wichita Eagle Abengoa Bioenergy's $300 million ethanol project that will include the first U.S.-based cellulosic ethanol production plant will be built in the southwest Kansas town of Hugoton. Official announcement of the project will be Aug. 23. A $76 million U.S. Department of Energy grant will help fund the project, which will include a plant making about 30 million gallons of ethanol each year from cellulosic materials, including corn stover. The complex also will include an 85-million-gallon traditional corn-fed plant. Abengoa was one of six companies chosen for the grants to advance the science of cellulosic ethanol production. There are 124 operating ethanol plants in the U.S. with 82 others under construction. They generate about 6.8 billion gallons annually, an amount projected to almost double when the plants under construction come on line, according to the Renewable Fuels Association. As concerns are raised about adequate grain supplies, the industry is looking for greater efficiencies by using more parts of the corn plant to generate ethanol and for new feedstocks. The Hugoton project is the second announced this year for Abengoa, which also operates the corn-fed plant at Colwich, one of the nation's oldest. That plant produces about 35 million gallons annually. The company plans to build a new 88-million-gallon plant adjacent to it, a project expected to have an impact of $154 million on the Wichita-area economy during construction. That project has been delayed by a lawsuit filed against Colwich challenging the city's process for granting a zoning change for the plant. Abengoa is based in Spain, where it has done extensive research and development on cellulosic material as an ethanol feedstock. The company's North American operations, Abengoa Bioenergy Corp., is based near St. Louis. It also operates traditional corn-fed ethanol plants in Nebraska and New Mexico. kansas.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next