United Ethanol LLC
United Cooperative is the managing member of United Ethanol LLC, Milton, Wis. United Ethanol began operating on March 29, 2007, and is producing approximately 3,500,000 gallons per month. On top of generating fuel that helps to reduce our dependence on foreign oil and making the air we breathe cleaner, United Ethanol converts approximately 45,000 bushels of corn per day, further supporting American farmers.
A CO2 processing facility came on line in May 2008. A contract was signed with EPCO Carbon Dioxide, Inc. for the purchase of approximately 250 tons per day of United Ethanol carbon dioxide production. In ethanol production, CO2 is a byproduct of fermentation. The CO2 that is recovered through the liquefaction plant is sold for use in the food processing, beverage, oil recovery, municipal water treatment, and chemical industires.
United Ethanol has also entered into a contract for corn oil extraction with GS-Clean Tech, Chicago, Ill. They will be building the operations on the ethanol plant site and United Ethanol will operate the facility. This contract could generate an additional $1,000,000 in profits on an annual basis. This is the first stage of a long-term project that will get us into bio-diesel production using corn oil from our facility.
The ethanol plant partnered with the Environmental Credit Corporation, a leading supplier of environmental credits to global financial markets, and Carbon Green LLC, a leader in developing and managing high quality greenhouse gas credits. Plant officials and board members will work with them to determine what is available for United Ethanol to utilize. The goal is to recapture carbon credits and a stream of income worth $300,000 to $500,000 per year for the plant.
Another appealing feature at United Ethanol are the three bins that offer storage for 1,770,000 bushels of grain, allowing us to buy grain when the market dictates the timing is right and store it, in turn improving our profitability.
United Ethanol works to be a low-cost producer of ethanol and distiller's grain, allowing the company to maximize the returns for our investors and provide economic benefits to Wisconsin communities.
For more information, visit www.unitedethanol.com.