Proposed Ethanol Plant List: 2008 United States & Canada PART 1

PART 1 Written by Kris Bevill, Hope Deutscher, Timothy Charles Holmseth, Marc Hequet, Jessica Ebert, Bryan Sims, Susanne Retka Schill and Craig A. Johnson
By | April 01, 2008
Each year, the EPM staff compiles the most comprehensive list of proposed ethanol projects—those between conception and construction—that we can verify. Over the years, some of these projects have disappeared, some have been on the list several times and others are producing ethanol. In 2008, the list's fifth year, EPM offers updates on 118 projects representing nearly 8 billion gallons of annual capacity.

This year's list comes at a time when many in the industry are dealing with an uncertain economic landscape and possibly an uncertain future. Raising equity has been a large concern for future producers, and a number of the projects listed here reported significant delays and challenges associated with funding their respective plants. There are indications that with the passing of the Energy Independence & Security Act of 2007, investors and bankers may begin to view the market with optimism instead of skepticism.

The increasing cost of building materials is another major concern for future producers. Steel and copper prices are rising, and some contractors are receiving letters from steel suppliers announcing increased prices for structural and reinforcing steel. "AK Steel (Corp.) has upped its spot selling price for hot-rolled coil $30 per net ton, effective immediately, thereby bringing prices to $700 for April shipments," according to Institute of Scrap Recycling Industries Inc. Price increases are blamed on increases in the cost of raw materials and energy.

Since 2004 when EPM first compiled a proposed ethanol plant list, there has been one constant: the North Central-West region—North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa and Missouri—has the largest number of proposed plants relative to other U.S. regions. Likewise, of all the plants currently producing, 69 percent (98 plants) are operating in that region. Conversely, the areas with the least amount of ethanol production are the South Central-East and South Atlantic. Currently, the South Central-East region represents 1.25 percent of U.S. ethanol production, or 98 MMgy from three plants. There is one ethanol plant in the South Atlantic: First United Ethanol LLC, a 100 MMgy facility under construction in Camilla, Ga.

A not-so-surprising change for those in the industry has been the increase in plant capacity over the years. In 2004, the average proposed project was roughly 44 MMgy. In 2008, that average number increased to more than 72 MMgy per facility. However, if history is any guide, fewer than one in 10 will break ground in the next 12 to 24 months.

As EPM does each year, it is important to stress the subjectivity of the data compiled with this list. From the time one list is published to the next, our staff and various industry players will forward news of proposed plants to our plant list and construction editor, who manages an internal plant list database. Each year, writers attempt to contact every project in the database. Some projects choose not to be included. Some don't respond at all. Every project on this list has been verified by a company representative or affiliate, a third party involved with the project, or official public documentation. Statistically, this proposed plant list is a useful projection of the future ethanol industry.

PACIFIC
Treasure Valley Renewable Resources LLC
Location: Ontario, Oregon
Target groundbreaking: spring 2008
Feedstock: wheat/barley/corn
Capacity: 30 MMgy
Design/build team: Bratney Cos.
Synopsis: This $75 million facility will use fractionation technology, separating protein for food ingredients and starch for ethanol production. "We're taking all the value out of the grain for human consumption," says company manager John Hamilton. Equity has been raised for the project, and permitting and zoning are complete.

Inland Pacific Energy Center LLC
Location: Stanfield, Oregon
Target groundbreaking: spring 2008
Feedstock: corn
Capacity: 120 MMgy
Design/build team: Bratney Cos.
Synopsis: This $1 billion project, which includes biodiesel facilities, is expected to take 10 years to develop, although groundbreaking for the first ethanol plant and first biodiesel plant is expected this spring. In its entirety, the project will consist of three 40 MMgy ethanol plants adjacent to three 32 MMgy biodiesel plants, which will use canola oil as a feedstock. A feed mill will also be located on-site, blending several feed ingredients and coproducts to make a complete livestock feed. A biopower facility will create steam and electricity from the gasification of biomass, wheat straw and demolition waste. After initially looking for funding from local investors, the company abandoned that strategy to court major sources. "That's looking very definite," says Project Manager Bob Doughty. The company expected to complete its equity and debt funding in February.

American Ethanol Inc.
Location: Santa Maria, California
Target groundbreaking: late 2008
Feedstock: multigrain
Capacity: 110 MMgy
Design/build team: Praj Industries Ltd./C.J. Schneider Engineering Co./Austin AECOM
Synopsis: American Ethanol has raised the initial seed capital for the project, which is expected to cost $2.10 to $2.50 per gallon of ethanol, according to President Dave Baskett. The company is currently raising bridge capital, which will keep things running while the institutional financing is secured, he explained. "Strategy No. 1 is to mitigate commodity risk," he says. "No. 2 is to show that we are one of the top-tier projects." To that end, this destination plant will use treated wastewater in the process and is expected to have the "lowest [British thermal unit] and energy consumption on the planet," Baskett says. The company plans to use corn as the initial feedstock, and branch out into wheat and other grains later.

CE&P Imperial Valley I LLC
Location: Brawley, California
Target groundbreaking: January 2009
Feedstock: sugarcane
Capacity: 55 MMgy
Design/build team: Washington Division of URS Corp./Dedini Industrias de Base
Synopsis: CE&P is currently raising equity for this Imperial Valley project and has opened discussions with senior lenders and potential equity providers. "Strangely enough, we haven't had any problems raising up-front equity," says Jeff Lee, president of CE&P. "The fundamental economics, logic and politics of building plants that use sugarcane is that much stronger." The plant will process sugarcane supplied by Batley Farms. The stalks will be shredded to release the juices, which will be converted to ethanol. The remaining fiber will be burned to produce electricity.

Cilion Inc.
Location: Famoso, California
Target groundbreaking: second quarter 2008
Feedstock: corn
Capacity: 55 MMgy
Design/build team: Praj Industries Ltd.
Synopsis: Cilion is in the final environmental permitting stages for the $100 million project, including the drafting of an environmental impact report. Steam from certain processes will be diverted and run through a turbine to generate electricity. In addition, the plant will recycle its water and isn't expected to have any discharge, according to Karri Hammerstrom, Cilion's manager of environmental permitting and legislative development. To date, the project hasn't been challenged by roadblocks to raising equity. "We have a huge amount of capital and haven't had to pull down debt," Hammerstrom says. "We've put a great team together, and they've done a really good job with that."

Genahol LLC
Location: California
Target groundbreaking: undeclared
Feedstock: municipal solid waste
Capacity: 10 MMgy
Design/build team: Genahol LLC
Synopsis: The company is currently in the process of selecting a site. Genahol's technology is based on the gasification of municipal solid waste (MSW) and the subsequent conversion of that syngas into ethanol using a catalyst designed in-house. "This project has been on the radar for a number of years, but until California gets its regulations set up for conversion technologies, it's going to be a long process," says Don Bogner, president of Genahol.

Great Valley Ethanol
Location: Hanford, California
Target groundbreaking: summer 2008
Feedstock: corn/milo
Capacity: 60 MMgy
Design/build team: undeclared
Synopsis: This project is waiting for final approvals at the city level, according to Brian Pellens, chief operating officer for Great Valley Energy, owners of Great Valley Ethanol. The air permits are ready for public review, and the environmental impact review has been completed. The company is in the early stages of procuring equity. "Really what we're looking at is being on line in 2010, so that's pretty far out," Pellens says. "We think things are going to be quite a bit different then."

Rose City Renewables
Location: Wasco, California
Target groundbreaking: fall 2008
Feedstock: corn/milo
Capacity: 60 MMgy
Design/build team: undeclared
Synopsis: Also owned by Great Valley Energy, Rose City Renewables is waiting for final approvals at the city level. The air permits are ready for public review, and the environmental impact review has been completed. The company is preparing for an equity drive with an expected start-up date in 2010.

ClearFuels Technology Inc.
Location: Kauai, Hawaii
Target groundbreaking: undeclared
Feedstock: sugarcane bagasse
Capacity: undeclared
Design/build team: undeclared
Synopsis: This project will be located adjacent to Kauai Ethanol LLC's plant in Kaumakani. The bagasse fiber will be produced at Kauai Ethanol and transferred to a storage facility from which it will be metered directly into this plant. ClearFuels has procured enough venture capital investments to cover the engineering and design phases of this project, says Chief Technology Officer Robert Shleser. The company is currently in the permitting phases.

Kauai Ethanol LLC
Location: Kaumakani, Hawaii
Target groundbreaking: September 2008
Feedstock: sugarcane/molasses
Capacity: 12 MMgy
Design/build team: undeclared
Synopsis: "This is probably going to be the first sugar-based ethanol plant in the United States," says Scott Matsuura, vice president of public and government affairs for Kauai Ethanol. The project site has been secured, and the feedstock for the plant will be supplied by the Gay & Robinson Sugar Plantation. The company is in the process of obtaining building permits and has secured equity, Matsuura says.

Pacific Biofuels and Energy Corp.
Location: Oahu, Hawaii
Target groundbreaking: undeclared
Feedstock: switchgrass
Capacity: 15 MMgy
Design/build team: undeclared
Synopsis: According to project spokesman Sam Monet, plans are moving forward, albeit slowly. "All the big players are on the sidelines watching," he says. "When the value of ethanol becomes greater than the value of sugar, we'll get off the ground."



MOUNTAIN
American Ethanol Inc.
Location: Butte, Montana
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: undeclared
Synopsis: The project has received the necessary permits and at press time planned to have a pilot plant on line by April. The success of the pilot plant will help to determine future plans, which may include cellulosic ethanol production. According to project spokesman Andy Foster, future feedstocks won't be "one or the other." He also says his company is optimistic about grant proposals that the company has submitted.

Montana Ethanol Co. LLC
Location: Great Falls, Montana
Target groundbreaking: undeclared
Feedstock: wheat/barley
Capacity: 125 MMgy
Design/build team: undeclared
Synopsis: According to company spokesman Gary Hebener, land has been procured and is fully permitted. Right now, the company is reviewing technology providers, and engineering, procurement and construction (EPC) contractors.

Great Western Ethanol
Location: Evans, Colorado
Target groundbreaking: May 2008
Feedstock: corn
Capacity: 108 MMgy
Design/build team: Delta-T Corp./Austin AECOM
Synopsis: The financial package and EPC contract were being finalized in February. All site and permit requirements have been completed, and the company intends to begin construction as early as May 1.

Genahol LLC
Location: Chandler, Arizona
Target groundbreaking: June 2008
Feedstock: MSW
Capacity: 26 MMgy
Design/build team: Genahol LLC
Synopsis: This proposed facility is designed to handle as much as 2,000 tons of MSW per day, including paper, plastic and lumber residue. At press time, the company was finalizing a site for the plant and planning to start the permitting process in early March. A grant from the Arizona Department of Environmental Quality will aid in the procurement of feedstocks, says Genahol President Don Bogner. The company is pursuing a combination of private equity and tax-exempt bonds to finance the $65 million project.

NORTH CENTRAL-WEST

North Dakota Ethanol Complex LLC
Location: Williston, North Dakota
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 15 MMgy
Design/build team: Makad Construction Co.
Synopsis: Tawni Camarillo, a project director with Makad Construction, says this project will be pursued once the company makes progress on its project in the northwestern United States. It is currently building Northwest Renewable LLC in Longview, Wash., which is expected to come on line in the fourth quarter of 2008.

Yellowstone Ethanol
Location: Williston, North Dakota
Target groundbreaking: spring 2008
Feedstock: corn
Capacity: 55 MMgy
Design/build team: ICM Inc.
Synopsis: According to Project Coordinator Mike Daly, the plant has applied for permits and is awaiting approval while getting financing in place. The facility will cogenerate 14.5 megawatts of power, which will be sold to Basin Electric Power Co-op.

Wagner Native Ethanol LLC
Location: Wagner, South Dakota
Target groundbreaking: spring 2008
Feedstock: corn/milo
Capacity: 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: This facility, located in the Yankton Sioux Tribe region of southeastern South Dakota, will be minority-owned by Native Americans. Company founder Charlie Columbe is also a member of the South Dakota Rosebud tribe. The plant will be fired with biomass, such as corn stover, rather than coal and natural gas, says Project Coordinator Bill Riechers. He says the company decided to use biomass because there isn't a natural gas line close to the plant. Plus, the plant can receive energy tax credits through 2012 by using nonfossil fuels.

American Ethanol Inc.
Location: Sutton, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: undeclared
Synopsis: This American Ethanol plant has all of its permits, and the company will be carefully observing the operation of its pilot plant in Butte, Mont., which aims to be on line by April. Information gleaned at the pilot plant will play a role in determining future plans for this sister facility, which may include cellulosic ethanol production. Some grant funding is outstanding, but the company is confident of its arrival.

Central Bio-Energy LLC
Location: Chase County, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: According to spokesman Brett Frevert, permits are in hand, and institutional investors are being secured. As soon as equity funding is in place, dirt work will begin, he says. This will be the second of three plants built by Central Bio-Energy. Proposed plants are also located in Howard and Seward counties, Neb.

Central Bio-Energy LLC
Location: Howard County, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: According to spokesman Brett Frevert, the company has secured permits and is looking to raise equity. As soon as funding is in place, dirt work will begin, he says. This will be the first of three plants built by Central Bio-Energy. Proposed plants are also located in Chase and Seward counties, Neb.

Central Bio-Energy LLC
Location: Seward County, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: According to spokesman Brett Frevert, land has been procured, and the feasibility study is complete. Central Bio-Energy will build plants in Howard and Chase counties prior to ramping up efforts at this site.

DeWeese BioFuels LLC
Location: Fairfield, Nebraska
Target groundbreaking: undeclared
Feedstock: cellulose
Capacity: 20 MMgy to 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: With the EISA's demand for 21 billion gallons of advanced biofuel by 2022, the company intends to use cellulosic materials to produce ethanol to meet the mandate, says member manager Clay Rawhouser. The company originally planned to use corn as a feedstock.

E Energy Auburn
Location: Auburn, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: E Energy Group is partnering with Rawhide Management LLC to build two plants in Nebraska, according to E Energy Group Copresident Bud Olsson. At press time, Rawhide Management was raising equity for both plants. Olsson says the project will advance quickly once financing is in place.

E Energy Broken Bow
Location: Broken Bow, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: E Energy Group is partnering with Rawhide Management LLC to build this plant and another in Auburn, Neb., according to E Energy Group Copresident Bud Olsson. At press time, Rawhide Management was raising equity for both plants. Olsson says the project will advance quickly once financing is in place.

Hallam Ethanol LLC
Location: Lancaster County, Nebraska
Target groundbreaking: undeclared
Feedstock: cellulose
Capacity: 20 MMgy to 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: With the EISA's demand for 21 billion gallons of advanced biofuel by 2022, the company intends to use cellulosic materials to produce ethanol to meet the mandate, says member manager Clay Rawhouser. The company originally planned to use corn as a feedstock.

Panda Ethanol Inc.
Location: Wallace, Nebraska
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: undeclared
Synopsis: According to Bill Pentak, Panda Ethanol director of communications, this facility has acquired air permits and is waiting for the financial environment to improve. Pentak stresses that Panda Ethanol will remain committed to all of its proposed projects.

Panhandle Ethanol LLC
Location: Bayard, Nebraska
Target groundbreaking: undeclared
Feedstock: cellulose
Capacity: 20 MMgy to 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: This project is moving forward with plans to use cellulosic feedstocks to produce ethanol, says member manager Clay Rawhouser. The company originally planned to use corn as a feedstock.

Plymouth Ethanol
Location: Jefferson County, Nebraska
Target groundbreaking: undeclared
Feedstock: cellulose
Capacity: 20 MMgy to 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: This project is moving forward with plans to use cellulosic feedstocks to produce ethanol, says member manager Clay Rawhouser. The company originally planned to use corn as a feedstock.

Republican Valley Ethanol LLC
Location: Superior, Nebraska
Target groundbreaking: undeclared
Feedstock: cellulose
Capacity: 20 MMgy to 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: This project is moving forward with plans to use cellulosic feedstocks to produce ethanol, says member manager Clay Rawhouser. The company originally planned to use corn as a feedstock.

Rosalie Area Ethanol LLC
Location: Rosalie, Nebraska
Target groundbreaking: spring 2009
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: The plant will be within the boundaries of the Omaha Indian Reservation but located on fee-simple land, says Project Coordinator Bill Riechers.

Boot Hill Biofuels LLC
Location: Wright, Kansas
Target groundbreaking: undeclared
Feedstock: corn/milo
Capacity: 55 MMgy
Design/build team: ICM Inc.
Synopsis: A company spokesman says the project is attempting to raise equity, and a change in the industry's financial environment may jump-start development in 2008. The company hopes to move forward by the end of the year.

Dial Ford County Bio-Renewable Fuels LLC
Location: Dodge City, Kansas
Target groundbreaking: 2008
Feedstock: corn/milo
Capacity: 113 MMgy
Design/build team: Kiewit Energy Co./Delta-T Corp.
Synopsis: Dial Bio-Renewable Fuels is the managing partner in this Dodge City venture, says company President David Wehner. The project will be built in three stages: The first stage is a 113 MMgy ethanol plant, the second stage is a 60 MMgy biodiesel plant, and the third stage will double the ethanol plant's capacity, depending on market conditions.

Panda Ethanol Inc.
Location: Haskell County, Kansas
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 105 MMgy
Design/build team: undeclared
Synopsis: According to Panda Ethanol Director of Communications Bill Pentak, this facility has received its air permits, but it is waiting for the industry's financial environment to improve before moving forward.

Agassiz Energy LLC
Location: Erskine, Minnesota
Target groundbreaking: early summer 2008
Feedstock: corn
Capacity: 55 MMgy
Design/build team: KL Process Design Group
Synopsis: Agassiz Energy President Don Sargeant says he expects the review of permits to be finished in March. If permitting is accepted, then a capital solution will begin.

Cannon River Clean Fuels
Location: Hampton Township, Minnesota
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 40 MMgy
Design/build team: undeclared
Synopsis: The Hampton Township Board turned down this project, citing township zoning rules. An equity drive has been suspended, and Project Coordinator Lynnea Sjoquist says the group is taking a wait-and-see approach.

Glacial Lakes Energy LLC
Location: Madison, Minnesota
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 50 MMgy
Design/build team: undeclared
Synopsis: According to Project Manager Todd Emslander, the project is on hold due to the industry's changing market.

Glenville West Ethanol
Location: Glenville, Minnesota
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 65 MMgy
Design/build team: Poet Design & Construction
Synopsis: This facility will be built near Poet Biorefinery-Glenville East, which currently produces 45 MMgy near Albert Lea, Minn.

Highwater Ethanol LLC
Location: Lamberton, Minnesota
Target groundbreaking: spring 2008
Feedstock: corn
Capacity: 50 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: All permits and funding are in place, and plant officials are waiting for the ground to thaw before starting dirt work, according to company spokesman Brian Kletscher. "We look forward to becoming part of the ethanol industry," he says.

MinnErgy LLC
Location: Olmstead County, Minnesota
Target groundbreaking: fall 2008
Feedstock: corn
Capacity: 55 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: At press time, an equity drive was slated to begin in March. "We're finalizing our permitting with the state of Minnesota," says Chairman Dan Arnold.

Amaizing Energy Atlantic LLC
Location: Atlantic, Iowa
Target groundbreaking: 2008
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: Forms have been filed with the U.S. Securities and Exchange Commission, and construction of the $195 million plant should begin sometime in 2008. According to Plant Manager Sam Cogdill, the biggest obstacle that the company faces right now is correcting public perceptions that ethanol plants lose money. He also says the passage of the EISA gives his project a greater chance of success, but the price of corn is still an issue.

Big River Resources Grinnell LLC
Location: Grinnell, Iowa
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: The project has been suspended until litigation regarding land usage between the county and the company is settled.

Chief Energy Co. LLC
Location: Sergeant Bluff, Iowa
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Delta-T Corp.
Synopsis: Vice President Roger Lloyd says the company is having trouble financing this $193 million project. "We think we are dangerously close to opening, but we thought that at this time last year, too," he says, adding that permits are in place, and progress has been made since last year, but there is still a long way to go.

Dexter Ethanol LLC
Location: Dexter, Iowa
Target groundbreaking: spring 2008
Feedstock: corn
Capacity: 108 MMgy
Design/build team: Agra Industries/Delta-T Corp.
Synopsis: This $200 million project is "very close to financial close," says Chris Miller, owner and chief executive officer of Alpha Holdings LLC, a major partner in this project and another in Tama, Iowa. He says the facility has employed nontraditional strategies to raise funds, and has been working with private investors and insurance companies.

Floyd Valley Ethanol LLC
Location: Hinton, Iowa
Target groundbreaking: fall 2008
Feedstock: corn
Capacity: 100 MMgy
Design/build team: NewMech Cos. Inc.
Synopsis: Craig Conner, vice president of finance for Baard Renewables, a partner in this $200 million project, says the company continues to raise funds. "Like all the other ethanol plants, we're waiting for equity," he says. The biggest obstacle right now in raising money is the high cost of corn, and the company has expanded its equity search to include possible international funding due to equity drying up in the United States.

Global Ethanol LLC
Location: Belmond, Iowa
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 110 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: Board Chairman Dave Nelson says this $200 million project is on hold until the industry's "market straightens out." In other words, the board would like to see corn prices stabilize before moving forward. For now, Nelson says the company is focusing on a $30 million expansion at its existing facility in Riga, Mich.

Harvest BioFuels LLC
Location: Galbraith, Iowa
Target groundbreaking: fall 2008
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: Permits and corn suppliers are in place, says Chief Executive Officer Bob Payne. Financing is being completed, and construction will begin immediately after that. Payne says the company couldn't have gotten this far without the passing of the EISA. This plant will be the first of three identical ethanol plants to be built by Harvest BioFuels.

Harvest BioFuels LLC
Location: Garner, Iowa
Target groundbreaking: fall 2008
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: Permits and corn suppliers are in place, says Chief Executive Officer Bob Payne. Financing is being completed, and construction will begin immediately after that. Payne says the company couldn't have gotten this far without the passing of the EISA. This plant will be the second of three identical ethanol plants to be built by Harvest BioFuels.

Harvest BioFuels LLC
Location: Gilmore City, Iowa
Target groundbreaking: fall 2008
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: Permits and corn suppliers are in place, says Chief Executive Officer Bob Payne. Financing is being completed, and construction will begin immediately after that. Payne says the company couldn't have gotten this far without the passing of the EISA. This plant will be the third of three identical ethanol plants to be built by Harvest BioFuels.

Monona County Ethanol LLC
Location: Blencoe, Iowa
Target groundbreaking: summer 2008
Feedstock: corn
Capacity: 100 MMgy
Design/build team: C.J. Schneider Engineering Co./Praj Industries Ltd.
Synopsis: John Kant, director of public relations for Midwest Ethanol Producers LLC, says the company is seeking permission from county commissioners to shut down roads in preparation for Union Pacific Railroad to install a 9,000-foot acceleration/deceleration line next to the main track entering the plant.

Prairie Creek Ethanol LLC
Location: Wesley, Iowa
Target groundbreaking: summer 2008
Feedstock: corn
Capacity: 55 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: Gold Eagle Co-op in Goldfield, Iowa, is the driving force behind this project. Co-op General Manager Brad Davis says the equity drive for the $120 million plant is currently in limbo but should resume this spring when the group will focus on local investors. Recent downturns in the public's perception of ethanol, as well as concerns about corn origination, will make raising equity more challenging.

Red Rock Renewables
Location: Pleasantville, Iowa
Target groundbreaking: March 2008
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Fagen Inc./ICM Inc.
Synopsis: At press time, the company was in the middle of its SEC filing. Company Chairman Paul Lopez says the ethanol project is spearheaded by a group of local businesspeople.

River/Gulf Energy LLC
Location: Buffalo, Iowa
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 50 MMgy
Design/build team: undeclared
Synopsis: Company President Rich Goldstein says this project is continuing to work on its equity drive, which may be aided by the passage of the EISA. However, he acknowledges that high corn prices and low ethanol prices are hindering financing. The company is actively seeking a partner for this project. River/Gulf Energy is part of a group of businesses that includes River Gulf Grain Co., a scrap metal business, a barge company and river terminals.

Tama Ethanol LLC
Location: Tama, Iowa
Target groundbreaking: spring 2008
Feedstock: corn
Capacity: 108 MMgy
Design/build team: Agra Industries/Delta-T Corp
Synopsis: Financing is almost complete, and groundbreaking should occur this spring, according to Chris Miller, owner and chief executive officer of Alpha Holdings LLC, a major partner in this project. The $200 million plant is one of two projects being undertaken by Alpha Holdings. The other plant is located in Dexter, Iowa.

Vision Fuels Holdings Co. LLC
Location: Des Moines, Iowa
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 110 MMgy
Design/build team: undeclared
Synopsis: Vision Fuels is in the process of raising equity for this facility after sister projects in Boone and Liscomb, Iowa, were discontinued. Chief Executive Officer and President Dan Cornelison says funding is difficult to obtain right now, but he is optimistic that the company will be successful.

Bootheel Agri-Energy LLC
Location: Sikeston, Missouri
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: Delta-T Corp.
Synopsis: A company spokeswoman says SEC Registration Form SB-2 was withdrawn, and the project is on hold.

Ozark Ethanol LLC
Location: Nevada, Missouri
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 50 MMgy
Design/build team: Delta-T Corp.
Synopsis: The company is currently conducting an equity drive.



SOUTH CENTRAL-WEST

Bionol Lake Providence
Location: Lake Providence, Louisiana
Target groundbreaking: undeclared
Feedstock: corn/milo
Capacity: 108 MMgy
Design/build team: undeclared
Synopsis: A site has been secured, and all permitting is complete. Initial dirt work has begun at the site, which is located on the banks of the Mississippi River. The company intends to complete funding soon.

American Ethanol Inc.
Location: Allen Station, Texas
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 100 MMgy
Design/build team: undeclared
Synopsis: This American Ethanol project has all of its permits, and the company will be carefully observing the operation of its pilot plant in Butte, Mont., which aims to be on line by April. Information gleaned at the pilot plant will play a role in determining future plans for this sister facility, which may include cellulosic ethanol. Some grant funding is outstanding, but the company is confident of its arrival.

LoneStar Ethanol
Location: Port of Victoria, Texas
Target groundbreaking: summer 2008
Feedstock: corn/milo
Capacity: 100 MMgy
Design/build team: undeclared
Synopsis: The company has received a wastewater permit, and the air permit is in the "approval chain," according to a company spokesman. A target completion date is slated for the first quarter of 2010.

Panda Ethanol Inc.
Location: Muleshoe, Texas
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 105 MMgy
Design/build team: undeclared
Synopsis: According to Panda Ethanol Director of Communications Bill Pentak, this facility has secured an air permit, but it is waiting for the industry's financial environment to improve before moving forward.

The majority of proposed ethanol projects don't have, or have not announced, a design/build team at this time. Of those that have named a design/build team, the names that top the list are familiar to the industry: Fagen Inc., ICM Inc., Delta-T Corp. and Praj Industries. Fagen/ICM projects make up 27 percent of the proposed projects, with ICM alone responsible for another 11 percent. Fagen and ICM have built approximately 50 percent of the ethanol plants currently producing in the United States. Praj Industries is connected to 9 percent of the proposed projects. Delta-T Corp., despite dealing with legal issues, doesn't seem to be affected by the negative press, making up 21 percent of the plants on this list. The company has had a hand in 16 percent of the ethanol plants currently operating nationwide.



Panda Ethanol Inc.
Location: Sherman County, Texas
Target groundbreaking: undeclared
Feedstock: corn
Capacity: 105 MMgy
Design/build team: undeclared
Synopsis: According to Bill Pentak, Panda Ethanol director of communications, this facility has secured an air permit and is waiting for the financial environment to improve. Pentak stresses that Panda Ethanol will remain committed to all of its proposed projects.

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