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New Nebraska ethanol plant will include 'ag-bio multiplex'

04/24/2006 @ 1:57pm

The Aurora Cooperative and Aventine Renewable Energy Holdings, Inc., announced today that they have signed a letter of intent to develop a new ethanol plant one mile west of Aurora, Nebraska.

The plant, which will first be capable of producing 100 million gallons per year after the first phase of construction, will be able to produce 220 million gallons when complete. It will be constructed next to the Nebraska Energy, LLC ethanol plant, of which Aventine is the majority owner.

Aventine will own the new plant, and the Aurora Cooperative will be the exclusive grain supplier and exclusive marketer of syrup and wet distiller's grain with solubles (WDGS).

The 135-acre site where the plant is set to be built will also include a grain handling facility, fertilizer complex, and double loop railroad system to accommodate grain, fertilizer, ethanol, and DDG shipments accessing the Burlington Northern-Santa Fe mainline railroad. The site -- called Aurora West -- will also be home to a 75,000-square-foot warehouse leased by Syngenta Seeds, Inc., that will occupy six acres and have the ability to hold a half a million units of seed corn.

The letter of intent is subject to a number of significant conditions, including the negotiation and approval of definitive documentation for the transaction. A starting date will be determined as permits and a builder are secured.

The Aurora Cooperative and Aventine Renewable Energy Holdings, Inc., announced today that they have signed a letter of intent to develop a new ethanol plant one mile west of Aurora, Nebraska.