Ergon BioFuels LLC, a subsidiary of Ergon Inc., has announced plans to close its ethanol plant in Vicksburg, Mississippi, US, in December 2018.
The 56.5 million gal//yr plant was constructed in 2007 as a joint venture between Ergon Ethanol Inc. and Bunge North America Inc. The plant had previously halted production in December 2012. Ergon purchased Bunge's ownership in the facility in 2013 and restarted the plant in July 2015.
"Ergon management has made significant investments at Ergon BioFuels over the years and had planned additional improvements to increase ethanol and corn oil yields going forward," said Kris Patrick, Ergon COO. "Unfortunately, continued erosion in margins, coupled with underperforming production equipment and the economic challenges of being a destination plant, forced us to make this very difficult decision.
"We have a family-oriented culture and consider employees to be Ergon's most valued asset," Patrick commented. "We will work to place as many Ergon BioFuels employees as possible in our other Vicksburg and Jackson businesses."
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/20092018/ergon-inc-to-close-ethanol-plant/