Green Plains buys ethanol plant in Hopewell, Virginia

In Virginia, Green Plains Inc. announced that it has acquired an ethanol production facility in Hopewell, Virginia, located approximately 20 miles south of Richmond, from Future Fuels LLP. Operating at full capacity, the facility’s dry mill ethanol plant will increase the company’s annual production capacity by approximately 60 million gallons to nearly 1.1 billion gallons per year.

Production is expected to resume by the end of the year and corn oil processing is expected to be operational during the second quarter of 2016. When the plant is fully operational, Green Plains expects to offer the Hopewell plant’s transportation and storage assets to its master limited partnership, Green Plains Partners LP.

The Digest’s 2015-5 Minute Guide

This entry was posted in Biodiesel Report. Bookmark the permalink.