South Dakota Oilseed Producers has announced that they plan to construct a soybean crush plant near Miller. Company executives say that the company has raised $8.5 million in equity financing for the $19 million project.
South Dakota has been known more as an ethanol state than for biodiesel. However, South Dakota State University has received $26 million from the US Department of Energy for research on biofuels in general. The North Central Sun Grant Center will coordinate the program. The program covers biofuels education, outreach, feedstock assessment and feedstock development. The North Central Sun Grant Center will coordinate the efforts across all of the six Sun Grant Centers nationwide.
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