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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
High Plains Sells Ethanol Plant High Plains Corporation recently announced it will sell its ethanol production facility in Portales, NM, to Natural Chem Industries, a New Mexico limited liability company.
"Ownership of the Portales plant did not fit with our long-term vision for the company," said High Plains president and CEO Gary Smith. "Internal strategic planning efforts have led us to focus on
diversifying and improving our Colwich, Kansas and York, Nebraska facilities, where we have ongoing projects in areas other than just fuel grade ethanol."
The Portales plant is the smallest of High Plains' three production facilities. Acquired in December 1997, the Portales plant produces ethanol at a rate of about 14 million gallons per year compared to the Colwich and York facilities which have an annual production rate of 18 and 37 million gallons respectively.
"Our New Mexico employees have worked hard to turn the plant into a reliable, efficient operation," said Smith. "We are pleased to announce that Natural Chem intends to continue to operate the plant in its current location. This should allow them to retain the valued employees and customer base cultivated through our efforts.
High Plains will market the ethanol from Portales for a period of three years as a part of the sales agreement.
Contact: Gary Smith, High Plains, phone 316-269-4310.
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