Washington Group International is building three ethanol
plants in the Midwest, for a total cost of $150 million US. The plants are going to be built in Wahoo, Nebraska, and in Red Oak and Council Bluffs, Iowa. Each plant is expected to produce 110 million gallons of ethanol per year. Construction on the first plant (in Wahoo) started in September, whereas the work on the two plants in Iowa is scheduled to start during the fourth quarter of 2007 (i.e., real soon).
The product from which this ethanol is going to be made is, you guessed right, corn. The plants will also produce corn gluten feed and meal, corn germ and wet and dry distiller grains with solubles.
These plants will supply ethanol to E85 Inc., one of the most important ethanol distributors in the US.
[Source: Washington Group International & E85 Inc.]