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January 10, 2008 | Jim Lane | Comments 0

30 Mgy Prairie Pride biodiesel plant debuts in Nevada, Missouri

In Missouri, the 30 Mgy Prairie Pride biodiesel plant in Nevada has commenced operations. The $90 million facility, situated on a 210 acre location in Vernon County, is projected to create 45 jobs.

Missouri ranks ninth in the nation in biodiesel production but of late had seen more development activity in ethanol.

A new $15 million soy-based biodiesel plant is also under construction in Moberly. The 14 acre facility will crush 250 tons of soybeans each day.

Missouri’s E10 mandate took effect January 1st. With the new law, Missouri joins Minnesota and Hawaii as the only states mandating E10. Most Missouri stations switched months previously, and the transition as reported to be smooth.
On January 3rd, Gov. Matt Blunt announced a series of tax incentive proposals designed to promote biofuels. The governor proposed $2 million in tax incentives for gas station owners converting to E85, and tax credits for consumers who buy E85 or a hybrid vehicle.

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