Vision Fuels meets Des Moines financing deadline, proceeds with 100 Mgy ethanol project

In Iowa, management at the proposed 110 Mgy Vision Fuels project say that they have met the City of Des Moines proof of financing deadline and are now aimed at a November 1st deadline to complete purchase of a 164-acre land parcel from the city for the plant’s site. The company said that it now expects to construct a $300 million “next generation” plant. The company said that it expects to commence construction by March 2009 and will be in production by August 2010.

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