Bunge backs out of Vicksburg ethanol plant

In Mississippi, Ergon, Inc. announced that its wholly owned subsidiary, Ergon Ethanol, Inc., acquired Bunge North America, Inc.’s interest in and now owns 100% of Ergon BioFuels, LLC located in Vicksburg, Mississippi. Financial terms were not disclosed. Effective December 31, 2013, Bunge-Ergon Vicksburg, LLC changed its name to Ergon BioFuels, LLC.

Ergon BioFuels, LLC, formerly Bunge-Ergon Vicksburg, began as a joint venture between Ergon Ethanol, Inc. and Bunge North America in 2007. With an annual throughput capacity of 54-million gallons, Bunge-Ergon Vicksburg, LLC was one of the largest producers of ethanol in the southeastern United States until operations were suspended in December 2012.