The Indianapolis Star is reporting that French agribusiness giant Louis Dreyfus Corp. is about to begin construction of the world's largest biodiesel plant near Claypool, Indiana.

The facility combines a soybean processing plant with a biodiesel production plant, turning about 50 million bushels of soybeans a year into 1 million tons of animal feed and 80 million gallons of biodiesel.

Two other biodiesel plants and six ethanol plants are also under construction in Indiana.

[Thanks for the tip, Jay]

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