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Alternative Fuels
Clearfield County, Pennsylvania
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110Mgpy biorefinery under construction
at the Clearfield Technololgy Park |
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Closed $205M debt financing with WestLB, TD Banknorth &
$65M tax exempt bond financing with Stern Brothers in February 2008 |
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Operational Q4,2009 |
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Fagen EPC |
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ICM design |
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5-year off-take agreement with Getty Petroleum & Marketing (provides natural hedge
against commodity fluctuations) |
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Corn supply via Lansing Trade Group, LLC |
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Distillers Grains, a higher value corn substitute livestock feed
distributed via Land O'Lakes |
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$22M in grants and loans from the State of Pennsylvania |
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Adjacent to West Branch Susquehanna River and RJ Corman Railroad |
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Cellulosic Pilot Plant to be co-located |
Lake Providence, Louisiana
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110M dry-mill ethanol plant, using corn
and milo as feedstock |
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Produces 380,000 tons of CO2 annually |
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Produces 380,000 tons of DDGS annually |
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DDGS a higher value corn substitute livestock feed to be marketed by Land O'Lakes and
shipped primarily by truck to Arkansas
poultry producers or exported via barge to
South America and Europe |
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$18.3M of grants |
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Site lease executed with Port Authority |
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Key permits received |
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Piling/foundation work started on May
8th |
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Provides approximately 100 local jobs
annually and 300+ during construction
phase |
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Located in the middle of the 2 leading
corn producing districts in Louisiana, with
access to the Mississippi River and the
Delta Southern Railroad |
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Ranked No.1 site by Informix Group in
2004 based on the feasibility review of 8
potential sites |
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Regional markets would include Houston,
Dallas, Ft. Worth, Oklahoma City, Kansas
City, St. Louis, Memphis, Birmingham and New
Orleans |
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LA State Legislature passed bill
requiring 2% of total gasoline sold in state
to be agriculture-based when Ethanol
production reaches 50M gal. annually |
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