Minnesota ethanol plant joins long list of construction halts, project suspensions

In Minnesota, Agassiz Energy announced a suspension of its $115 million ethanol plant near Erskine owing to financing difficulties associated with high corn costs and reduced ethanol prices.

Last week, three firms suspended construction or halted production at ethanol plants in the Midwest. Glacial Lakes Energy’s plant in Meckling, SD, Chippewa Valley’s 40 Mgy plant in Benson, MN and the Alchem ethanol plant in Grafton, ND received the axe. All companies said that the fall in ethanol prices were the cause of the decision.

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