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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
October 2, 2001Williams Forms Ethanol Marketing Agreement With Start-Up Adkins Energy TULSA, Okla., Oct. 1 - A unit of Williams announced today that it has entered into an agreement to market all fuel grade ethanol produced by Adkins Energy LLC when its 40 million-gallon-a-year ethanol plant in Lena, Ill., begins production in late 2002. Williams joins Lurgi PSI Inc., of Memphis, Tenn., Pearl City Elevator, Inc. of Pearl City, Ill., and Adkins Energy Cooperative of Lena, Ill., as an equity partner in the $70 million ethanol plant currently under construction.
The Adkins Energy LLC relationship marks Williams' eighth ethanol marketing agreement since the beginning of the year, and will bring the amount of ethanol Williams markets or produces to 385 million gallons a year. Financial terms of the Adkins Energy agreement, which recently went into effect, were not disclosed.
``We believe the Adkins Energy project has brought together a strong set of partners that are unrivaled in the ethanol business,'' said Curtis Schrieber, vice president, corporate food and agribusiness group, U.S. Bank National Association, the lead bank for the project.
Scott Trainum, chairman of Adkins Energy LLC, said, ``It took the strength of the partnership to carry the project over the threshold and gain the confidence of the lending community.''
As the second-largest producer and marketer of ethanol in the United States, Williams currently supplies approximately 345 million gallons of the nation's ethanol needs through the company's ethanol plant production, business relationships and marketing agreements. Of that amount, Williams produces 130 million gallons of ethanol per year through its wholly owned facility at Pekin, Ill., and 75 percent-owned Aurora, Neb., facility.
Ron Miller, vice president of Williams Bio-Energy, who leads the company's ethanol business, said the company's plans to extend its ethanol distribution because of the growing demand for ethanol have taken on an even sharper focus since the tragic events of Sept. 11, 2001. ``I think the nation is seeing the increased need to have more domestic, renewable and environmentally friendly fuel choices,'' said Miller. ``And ethanol fits the bill.''
Large market opportunities for fuel ethanol are developing in California as methyl tertiary butyl ether (MTBE) is being phased out of California Clean Burning Gasoline regulations by 2003. A decision from the Environmental Protection agency earlier this year affirmed ethanol's environmental benefits. Additionally, MTBE in reformulated gasoline is being eliminated in New York and Connecticut by 2004.
``Williams meets this demand growth through expanding relationships to purchase and re-sell ethanol produced by third parties through the company's extensive distribution system,'' Miller said. ``Our agreements with Adkins Energy LLC and other producers help us meet market needs.'' Additional producers include U.S. Energy Partners [Russell, Kan.] Northeast Iowa Grain Processors Cooperative [Earlville, Iowa], Tri-State Ethanol Company, LLC [Rosholt, S.D.], Quad County Corn Processors Cooperative [Galva, Iowa], Heartland Grain Fuels [Aberdeen and Huron, S.D.] and Sunrise Energy [Blairstown, Iowa].
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