Article: Biofuels Update.(ethanol fuels usage forecast)(Everton Energy to build a biofuel generation plant)(Renewable Energy Group builds a East Fork Biodiesel plant )

Byline: Jeanne Bernick

machinery shows The Big One Breaks Ground Not many people have heard of Algona, Iowa, but the little town is making a name for itself as home to the largest biodiesel plant in Iowa.

East Fork Biodiesel broke ground in September on Iowa’s first 60-million-gallon  biodiesel plant. Biodiesel construction and business development company Renewable Energy Group (REG) has taken a minority interest in the plant and is providing construction services. The $70-million plant will use soybean oil and forecasts annual biodiesel sales of $144.6 million.

The groundbreaking comes on the heels of a $100-million initial private ...

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