New Indiana Soy Biodiesel Plant to Produce 10M Gallons

 

September 6, 2005 High-quality refined soybean oil is a key ingredient to soy biodiesel production. Photo: NREL

Company officials are already making plans to grow annual production beyond the company's initial business year.

"As we looked at potential production facility sites throughout the Midwest, we found a match in Morristown," said Charles Whittington, Integrity Biofuels CEO.

"In this site, we had access to an adequate supply of high-quality refined soybean oil, which is a key ingredient to soy biodiesel production. We also found in Morristown a Chamber of Commerce and a town board that welcomed our renewable fuel company with community support, an infrastructure critical for long-term business success, and valued tax incentives."

Integrity Biofuels has purchased an existing building/warehouse and expects to be in the business of selling cleaner burning, American-made fuel by early 2006, said Whittington.

State support was also a critical factor in site selection. Earlier this year, Governor Mitch Daniels signed legislation allowing up to $20 million in tax incentives for biodiesel, blended biodiesel and ethanol production.

The demand for biodiesel-blended fuels has grown substantially in the past year from both a state and national perspective. According to the Indiana Soybean Board, Americans demanded 25 million gallons of biodiesel in 2004. Estimates are that in 2005 American diesel owners will purchase a record 125 million gallons of biodiesel.