Adkins Energy Cooperative Formed to Build Ethanol Plant
Northern Illinois and Southern Wisconsin farmers have
formed the Adkins Energy Cooperative to build an ethanol plant in
Illinois.
The dry mill ethanol plant will produce 30 million gallons of
ethanol a year, process more than 11.5 million bushels of corn and cost
approximately $63 million dollars to build.
Adkins Energy has entered a
joint venture with Northern Illinois Gas to construct a cogeneration facility
which is included in the cost of the plant. This facility will supply all the
energy needs of the plant, saving an estimated $1.7 million per year.
The
Cooperative has signed a letter of intent with Delta-T Corporation for the
engineering, design and construction of the facility, tentatively scheduled to
be built near Lena, Illinois.
The cooperative is actively seeking
membership from farmer-producers at a cost of $250 per farmer.
For
further information call Todd Block, General Manager, pearl City Elevator
at 1-888-384- 2665.
