New ethanol plants in Michigan, other locales in the U.S.

On Thursday, US BioEnergy will open a new ethanol plant in Woodbury, Michigan. The Michigan plant will be able to produce 50 million gallons per year from 16 million bushels of corn. Right now, US BioEnergy Corporation operates two ethanol plants and has two additional ethanol plants under construction.

Meanwhile, Bunge North America is teaming up with Carlyle/Riverstone Renewable Energy Infrastructure Fund to build ethanol production plants in the U.S. adjacent to Bunge grain facilities. The plants will be able to produce several hundred million gallons each year by the end of 2008. Exactly where these plants will be located has not yet been announced.

[Source: US BioEnergy Corporation, Bunge North America]

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