South Bend ethanol plant negotiating corn oil extraction lease with city

December 16, 2014 |

In Indiana, the 100 million gallon ethanol plant in South Bend has come back online following Noble Americas buying the facility in mid-2013 and spending the last year upgrading the facility to come back online. The company has negotiated with the city that the city buy a $2 million corn extraction add-on to the plant and then lend it to the company for no less than $100,000 annually for five years.

 

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