Alternative Fuel
Bionol Clearfield's Pennsylvania Ethanol Plant Expected to Go Online in January 2010
Bionol Clearfield LLC (Clearfield, Pennsylvania), a subsidiary of BioEnergy International LLC (Quincy, Massachusetts), is moving ahead with construction...
Released Thursday, April 16, 2009
Researched by Industrial Info Resources (Sugar Land, Texas)--Bionol Clearfield LLC (Clearfield, Pennsylvania), a subsidiary of BioEnergy International LLC (Quincy, Massachusetts), is moving ahead with construction of its Clearfield fuel-ethanol plant. The fermentors, evaporators and dryers have been installed, and currently 90% of the process piping and ancillary equipment has yet to be installed.
The plant will produce 110 million gallons per year of fuel ethanol and require more than 42 million bushels per year of corn feedstock. The corn will be supplied by Lansing Trade Group LLC (Overland Park, Kansas), and the company has a five-year ethanol off-take agreement with Getty Petroleum & Marketing Incorporated (East Meadow, New York).
The project also received $22 million in grants and loans from the state of Pennsylvania and debt financing with international financer WestLB (Duesseldorf, Germany), as well as bond financing with Stern Brothers (St. Louis, Missouri).
BioEnergy International also plans to construct a 110 million-gallon-per-year plant in Lake Providence, Louisiana, but has put the project on hold until more favorable market conditions return to the ethanol market.
Industrial Info's Ethanol Database provides a comprehensive outline of all current development activities in the emerging alternative fuels market. This database covers 177 ethanol plants in operation and 530 plants under development. It also covers 145 operational biodiesel plants and 245 biodiesel plants under development.
View Plant Profile - 1070285 1062135
View Project Report - 12004095 02005411
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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