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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
May 29, 2003Ethanol Plant Being Built in Hudson Wednesday, officials broke ground for that business. It's a notable occasion that drew hundreds of people. They included every member of congress from South Dakota.
The place: a park in Hudson, South Dakota. The event: a groundbreaking for something important enough to attract South Dakota's entire congressional delegation two U-S senators and a congressman.
They came to break ground for $60 million ethanol plant. It'll be engineered, designed, built and managed by the Broin Companies. It is financed by Sioux River Ethanol, a group of 470 investors, most of them farmers, including Reid Jensen.
"We've planted a seed here, and we're going to start seeing the fruit of that seed here with this ethanol plant, with the construction going on," says Reid Jensen with Sioux River Ethanol.
It will look a lot like the Great Plains Ethanol plant near Chancellor, South Dakota.
It will employ 40 people and have an annual payroll of more than a million dollars.
"I'd like to share with you a few specifics about this plant to give you a better idea of just how big an impact it'll have locally. Sioux River Ethanol will produce 45-million gallons of ethanol annually. It'll take 16-million bushels of corn to make that happen," says Jeff Broin, CEO of Broin Companies.
"Just in the last year, ethanol in South Dakota has meant more than one-point-three billion dollars in additional income. Today in South Dakota, one in every three rows of corn is dedicated to ethanol production," says South Dakota Senator Tom Daschle.
"This plant's going to bring capital returns. That's important to investors. But it's not as important as bringing more energy independencies to America," says Bill Janklow, a South Dakota Representative.
"South Dakota is a wonderful place to live and raise a family. It hasn't always been an easy place to earn a living. What we're doing here is strengthening both on-farm and off-farm income, and strengthening the quality of life in America, all at the same time," says South Dakota Senator Tim Johnson.
While the groundbreaking ceremonies were held at a park in Hudson, the plant will actually be built here in what is now a corn field about three miles southwest of that town. Construction is expected to start next week.
Organizers say that plant will lead to annual area expenditures of more than $50 million. Construction should be completed by late summer of 2004. There’s a potential of as much as $300 million dollars annually.
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