Up and Running Again

Abengoa says VEETC, E15 factors in restarting New Mexico plant.
By Holly Jessen | February 15, 2011

Abengoa Bioenergy Corp. credited improved market conditions and recent policy  developments, such as extending the Volumetric Ethanol Excise Tax Credit and the approval of E15, for its decision to restart its 30 MMgy plant in Portales, N.M. The plant sat idle for nearly two years before restarting Jan. 12.

“We are proud to have our operations up and running again in Portales,” says Javier Salgado, president and CEO of Abengoa Bioenergy. “Due to its energy efficient production setup and the unique sorghum feedstock, which is typically grown without irrigation in Roosevelt County and the surrounding region, Abengoa’s Portales plant is a model for sustainable American fuel production that can help our rural farmers maintain their way of life while also preserving our precious water resources.”

New Mexico’s one and only ethanol plant is located in Portales’ industrial park, only 20 miles from the main Burlington Northern Santa Fe Railway, making Texas and California, primary markets for the plant, easily reached via rail. The wet distillers grains has a good market in the area, which houses more than 40 large dairies as well as America’s largest cheese factory. 

—Holly Jessen