US BioEnergy Starts Construction on Ethanol Plant in Minnesota

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Researched by Industrial Info Resources (Sugar Land, Texas). U.S. BioEnergy Corporation (NASDAQ:USBE) (Brookings, South Dakota), and subsidiary U.S. BioEnergy – Janesville LLC, has begun preliminary construction activity on a new fuel ethanol plant that will be located in Janesville, Minnesota. Plans call for the creation of a 100 million-gallon per year plant that will process 38 million bushels of corn into the renewable fuel. Dirt work and pre-construction activity are expected to take three to four months to complete and plant construction should be in full swing by the spring of 2007.

Fagen, Incorporated (Granite Falls, Minnesota) has been hired to provide design, engineering, equipment procurement, and construction management for the project. Construction is expected to take about eighteen to twenty months to complete and cost around $150 million. Start-up and commissioning of the plant is expected to happen around mid-year 2009.

US BioEnergy Corporation is a producer and marketer of ethanol and distillers grains. The company currently owns and operates three ethanol plants and has four additional ethanol plants under construction. Upon completion of these initiatives, the company will own and operate seven plants with a combined expected ethanol production capacity of 600 million gallons per year.

Industrial Info's Ethanol Production Database provides a comprehensive outline of all current development activities in the emerging synthetic fuels market. This database covers 134 ethanol plants currently in operation and 348 plants under development. It also covers 32 operational biodiesel plants and 81 biodiesel plants under development.

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