Xethanol shelves 35 Mgy corn ethanol plant in Iowa, citing feedstock costs, tight credit

April 14, 2008

In Iowa, Xethanol has shelved plans for a 35 Mgy corn ethanol plant in Blairstown, citing high commodity prices and disarray in the financial markets. Xethanol originally broke ground on the plant in 2006 and expected to open the facility in 2007, but this week took an impairment charge for $2.6 million invested to date in the plant.

Akron Riverview Corn Processors postpones Iowa ethanol plant, citing economic conditions

Akron Riverview Corn Processors has postponed development of an ethanol plant in Iowa, citing unfavorable economic. Plymouth County officials said that they hoped the postponement is short-lived, and ...

Today in Biofuels: EU reaffirms 10 percent biofuel target; Xethanol shelves 35 Mgy plant in Iowa; stunt pilot says ethanol within 3 percent of avgas fuel aconomy

Top Story:The EU Environment Commissioner reaffirmed that the EU can reach its 10 percent biofuels target without affecting food prices or rainforests. Stavros Dimas affirmed the targets as the French...

$300 million Vision Fuels project in Iowa nixed; company’ 3rd cancellation due to financing

In Iowa, the $300 million Vision Fuel corn ethanol project in Des Moines has been cancelled, citing financing difficulties in the present environment. The city had provided Vision with several extensi...

Iowa ethanol plant postponed due to escalating construction costs, decline in ethanol prices

In Iowa, Little Sioux Corn Processors announced the postponement of its IPO after putting its planned 100MGY ethanol plant in Akron, IA on hold due due to escalating construction costs and declines in...

North Prairie drops 45 Mgy biodiesel project in Wisconsin; cites high feedstock costs

In Wisconsin, North Prairie Productions said in a letter to shareholders that it is abandoning its 45 Mgy, $42 million biodiesel plant project for the Evansville area, citing high feedstock prices....

Proposed NuFuels ethanol plant in Indiana halves capacity to 22 Mgy, citing corn costs

In Indiana, the proposed 44 Mgy corn ethanol NuFuels plant in Huntington County has reduced its proposed capacity to 22 Mgy. The company said that high corn prices had forced the reduction. The NuFuel...

Written by Jim Lane · Filed Under Producer News