Flint Hills Resources Acquires Nebraska Ethanol Plant
December 7, 2012
Flint Hills Resources announced today that it has finalized the acquisition of a Fairmont, Neb. ethanol plant from Advanced BioEnergy, LLC.
Flint Hills Resources is a leading refining, chemicals and biofuels company with operations primarily in the Midwest, Texas and Alaska. Flint Hills Resources' biofuels business includes four Iowa ethanol plants with a combined capacity of 435 million gallons, a biodiesel plant in Texas, and investments in biofuels technology and feedstock development.
The Fairmont ethanol plant, which began operation October 2007, is located in one of the highest cornproducing regions of Nebraska and has an annual capacity of more than 115 million gallons. It produces more than 320,000 tons of dried distillers grains each year, as well as more than 18 million pounds of non-food grade corn oil. The plant has about 50 employees.
Flint Hills Resources is currently seeking candidates for full time positions at several of its Midwest locations, including four new positions at Fairmont. More information is available at FHRcareers.com
About Flint Hills Resources
Flint Hills Resources, LLC, through its subsidiaries, is a leading refining, biofuels and chemicals company. Its subsidiaries market products such as gasoline, diesel, jet fuel, ethanol, biodiesel, olefins, polymers and intermediate chemicals, as well as base oils and asphalt. Flint Hills Resources operates ethanol plants in Fairbank, Iowa Falls, Menlo and Shell Rock, Iowa. The plants have a combined annual capacity of 435 million gallons of ethanol. Flint Hills Resources, a leading producer of transportation fuels in the Upper Midwest, is the largest purchaser of ethanol in Minnesota, where it has utilized ethanol and other biofuels in its fuel distribution system since the mid-’90s. The company also has made equity investments in bioenergy companies, and operates a biodiesel plant near Fort Worth, Texas.
The refining business operates refineries in Alaska (North Pole), Minnesota (Rosemount) and Texas (Corpus Christi), with a combined crude oil processing capacity of more than 800,000 barrels per day. The petrochemical business includes production facilities in Illinois, Michigan and Texas. The asphalt business produces and markets product in the Midwest and Alaska. A subsidiary owns an interest in a lubricants base oil facility in Louisiana.