East Coast Ethanol abandons proposed ethanol project in North Carolina

February 14, 2008

In North Carolina, East Coast Ethanol has canceled plans to develop an ethanol plant in Selma. The company withdrew an application for re-zomning. but did not announce the reasons for the decision.

East Coast Ethanol had proposed a 110 Mgy corn ethanol plant in Selma last December. Total project investment was projected at $130 million, but the firm had not outlined a construction timetable.

Selma officials had said that the town had the excess water capacity to supply the 1.2 million gallons of water required per day by the proposed plant.

In September, Atlantic Ethanol, Mid-Atlantic Ethanol, Florida Ethanol, and Palmetto Agri-Fuels, announced a merger to form East Coast Ethanol. At the time of the merger, the company announced plans to develop four 100 million gallon per year fuel ethanol plants. The Selma plant was the first to be announced.

East Coast Ethanol proposes 440 Mgy in ethanol capacity for US Southeast; floats four projects costing $843 million

In South Carolina, East Coast Ethanol said that it was continuing with plans to raise $843 million to build 440 Mgy in corn ethanol capacity in the Southeast, including a 115 Mgy proposed facility in ...

East Coast Ethanol announces 110 Mgy corn ethanol plant in North Carolina

In North Carolina, East Coast Ethanol will announce today a 110 Mgy, $212 million corn ethanol project near Seaboard in Northampton County. The project is one of four 110 Mgy facilities in the Southea...

East Coast Ethanol proposes 100 Mgy corn ethanol facility for Selma, SC

In South Carolina, East Coast Ethanol has proposed a 110 Mgy corn ethanol plant in Selma. Total project investment is projected at $130 million, but the firm did not outline a construction timetable. ...

North Carolina biofuel meltdown as all but two development projects closed down

In North Carolina, only two biofuel projects are still moving forward after a series of cancellations due to financing issues have stymied North Carolina's drive for biofuels leadership. The Clean Bur...

East Coast Energy Solutions to build 40 Mgy corn ethanol plant in New Jersey

In New Jersey, East Coast Energy Solutions announced plans for a 40 Mgy corn ethanol plant in Belvidere. The $120 million project will create 40 jobs, and serve East Coast refineries along the New Je...

Xethanol invests $500K in Consus Ethanol’s waste coal-fired ethanol project; unique power supply, proximity to East Coast, point to higher margins

In New York, Xethanol Corporation announced that it would invest $500,000 in Consus Ethanol for its cogeneration project that would provide power for its ethanol production process from waste coal, th...

Written by Jim Lane · Filed Under Producer News