Interstate Commodities signs with Northeast Biofuels to market distillers grains, sell corn

In New York, Interstate Commodities announced that it has agreed with Northeast Biofuels to be the exclusive supplier of corn and exclusive seller of distillers grains for the corn ethanol plant in Fulton expected to open this spring.

Northeast Biofuels said that its Volney plant will launch early this year. The ethanol facility, on an old Miller Brewing plant site, will be the largest in the Northeast with a production capacity of 100 Mgy.

GS CleanTech Corporation recently inked an agreement with Northeast Biofuels to extract 10 Mgy of crude corn oil from the distillers grain produced at NEB’s 114 Mgy ethanol plant in Volney. under the agreement, GS CleanTech will provide an extraction system to NEB and in turn receives a right to purchase the extracted corn oil at a contract price.

Meanwhile, GS CleanTech’s sister company, GS AgriFuels Corporation will construct a 10 Mgy corn oil-based biodiesel facility adjacent to the NEB facility.

The New York State Energy Research and Development Authority has given the venture a $250,000 grant in support of the construction of this biodiesel production facility.

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