from The Wisconsin State Journal:
By Patricia Simms State Journal
Wisconsin's two largest biodiesel producers will share ownership of a 10-million-gallon biodiesel plant in Cashton as it begins production this year, the companies announced Wednesday.
Neil Young, president and chief executive officer of Best Energies in Madison, said Sanimax Energy, which owns a 20-million-gallon biodiesel plant in DeForest, has invested in the Cashton facility, which Best Energies built about 30 miles east of La Crosse.
Young said Best Energies' patented technology, which uses crude corn oil byproducts of ethanol production, will be able to produce biofuel more cheaply than companies that use refined, bleached and degummed soybean oil (RBD), which is more typical of the industry.
Earlier this month construction of the North Prairie Productions biodiesel plant in Evansville was halted because of rising soybean oil prices.
Young said he believes Best Energies is the first in the nation to start processing crude corn oil.
Best Energies will operate the Cashton plant while Sanimax markets the products, Young said.
Best Energies paid Mid-Atlantic Technology Research and Innovation Center (MATRIC) in West Virgina to develop the technology. The intellectual property is owned by Best Energies, Young said.
By Patricia Simms State Journal
Wisconsin's two largest biodiesel producers will share ownership of a 10-million-gallon biodiesel plant in Cashton as it begins production this year, the companies announced Wednesday.
Neil Young, president and chief executive officer of Best Energies in Madison, said Sanimax Energy, which owns a 20-million-gallon biodiesel plant in DeForest, has invested in the Cashton facility, which Best Energies built about 30 miles east of La Crosse.Young said Best Energies' patented technology, which uses crude corn oil byproducts of ethanol production, will be able to produce biofuel more cheaply than companies that use refined, bleached and degummed soybean oil (RBD), which is more typical of the industry.
Earlier this month construction of the North Prairie Productions biodiesel plant in Evansville was halted because of rising soybean oil prices.Young said he believes Best Energies is the first in the nation to start processing crude corn oil.
Best Energies will operate the Cashton plant while Sanimax markets the products, Young said.
Best Energies paid Mid-Atlantic Technology Research and Innovation Center (MATRIC) in West Virgina to develop the technology. The intellectual property is owned by Best Energies, Young said.
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