Biofuel Energy ships ethanol

By Timothy Charles Holmseth | July 08, 2008
Web exclusive posted July 28, 2008 at 9:55 a.m. CST

Denver-based Biofuel Energy Corp. recently announced it has shipped nearly 2 million gallons of ethanol. The shipments, which included distillers grains, were made from plants in Wood River, Neb., and Fairmont, Minn.

According to a company news release, the plants commenced operation in June and are making good progress toward full commercial operation. The 115 MMgy ethanol facilities were constructed adjacent to Cargill grain elevators that have been operating on the sites for several decades. The sites are also bordered by Union Pacific main rail lines. When operating at nameplate capacity, the combined plants are expected to produce 230 MMgy of ethanol and 720,000 tons of dried distillers grains, according to the company's Web site.

While neither plant has yet operated at nameplate capacity, Biofuel Energy said they have each exceeded 90 percent and full capacity should be reached shortly.

A start-up issue was experienced at the Wood River facility which temporarily slowed things down, the release said. The first of three performance tests required under the turn-key construction contracts with The Industrial Co. should commence at Fairmont within a week and at Wood River within two weeks.

Biofuel Energy said the sales revenue will be reflected in the company's financial statements for the quarter ending Sept. 30.