Indiana Bio-Energy Targets Late August as First Grind Date for New Ethanol Plant

SUGAR LAND--August 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Investor-owned ethanol start-up Indiana Bio-Energy LLC (Bluffton, Indiana) is wrapping up construction activities, testing equipment and performing commissioning tests, targeting August 28 as the start-up date of a new ethanol plant in Bluffton. Aventine Renewable Energy Holdings Incorporated (NYSE:AVR) (Pekin, Illinois) will market the plant's ethanol, and CHS Incorporated (NASDAQ:CHSCP) (Inver Grove Heights, Minnesota) will market the distillers grains.