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Corn grinding for Va. ethanol plant to begin soon

Tuesday - 4/29/2014, 12:43am  ET

HOPEWELL, Va. (AP) -- A partner in a revived ethanol plant in Hopewell plans to begin grinding corn for the operation this month.

Scoular Company will procure corn, operate grain facilities on the site and market a major byproduct.

The Progress-Index (http://bit.ly/1kkL617 ) reports that Scoular is in the process of buying corn and obtaining contracts.

Scoular is partnering with Vireol Bio Energy LLC, which plans to invest $26.2 million to begin production at the plant. The operation will create 72 jobs.

Osage Bio Energy completed the plant but decided to abandon it because of unfavorable market conditions.

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Information from: The Progress-Index, http://www.progress-index.com


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Tags: hopewellethanol