VeraSun's Ohio Fuel Ethanol Plant Now Operational

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Researched by Industrial Info Resources (Sugar Land, Texas)-- VeraSun Energy Corporation (NYSE:VSE) (Brookings, South Dakota), the nation's second-largest ethanol producer, is continuing its push forward to become a major player in the U.S. fuel ethanol market. The company now has another plant online in Bloomingburg, Ohio, boosting VeraSun's overall ethanol production capacity to 980 million gallons annually.

The Bloomingburg plant started construction in November 2006 utilizing the design-build team of ICM Incorporated (Colwich, Kansas) and Fagen Incorporated (Granite Falls, Minnesota). With a production capacity of 110 million gallons per year, it will also be one of the largest of its kind in the U.S. Some 39 million bushels of locally grown corn will be processed annually at the plant and 350,000 tons per year of distillers grains, a byproduct of ethanol production, will also be produced.

Just last month, VeraSun completed a merger with US BioEnergy (Inver Grove Heights, Minnesota), and the combined companies now have interest in 16 fuel ethanol plants across the U.S. Currently, 10 plants are operating, producing 980 million gallons of ethanol annually, and another five plants are under construction that will add another 550 million gallons of capacity to the company's portfolio. Once the current plants under construction are completed this summer, VeraSun will be the second-largest producer in the country with 1.53 billion gallons of capacity, ranking them just behind POET.

Operational plants are located in Albert City, Iowa (110MM gal/yr); Albion, Nebraska (110MM gal/yr); Aurora, South Dakota (120MM gal/yr); Bloomingburg (110MM gal/yr); Central City, Nebraska (100MM gal/yr); Charles City, Iowa (110MM gal/yr); Fort Dodge, Iowa (110MM gal/yr); Marion, South Dakota (110MM gal/yr); Ord, Nebraska (50MM gal/yr) and Lake Odessa, Michigan (50MM gal/yr). Plants currently under construction are in Dyersville, Iowa (110MM gal/yr); Hankinson, North Dakota (110MM gal/yr); Hartley, Iowa (110MM gal/yr); Janesville, Minnesota (110MM gal/yr); Linden, Indiana (110MM gal/yr) and Welcome, Minnesota (110MM gal/yr). Plans to build a 110 million gallon per year plant in Reynolds, Indiana, have been shelved until more favorable market conditions are reached in 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 147 ethanol plants in operation and 530 plants under development. It also covers 98 operational biodiesel plants and 245 biodiesel plants under development.

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