East Fork to use corn oil from ethanol mills

By | March 23, 2010

Posted April 12, 2010

Mansfield Oil Co. just announced the addition of East Fork Biodiesel LLC, a 60 MMgy biodiesel refinery in Algona, Iowa, to C&N Companies' existing portfolio of biodiesel marketing partnerships. C&N Companies is Mansfield Oil's ethanol division.

East Fork Biodiesel will leverage its location in the ethanol belt across Iowa and the Midwest to provide ethanol producers a reliable, higher-value outlet for their corn oil coproduct.

"East Fork Biodiesel fits in our network very well in terms of offering our ethanol plants a new local market for a corn oil that provides higher value than simply selling the oil contained in the DDGS into the feed markets," said Jon Bjornstad, president of C&N. "East Fork Biodiesel will have ready access to our major rail logistics hubs in Iowa and provide a reliable supply of biodiesel for our customer base of obligated parties who need to meet new biodiesel requirements under RFS2."

Chris Daniel, East Fork Biodiesel general manager, stated, "We are very pleased to have selected C&N. Their transparent approach gives us the ability to manage and forecast our costs and margins, and their access to a nationwide market of refiners and blenders in every region of the country gives us great confidence in their ability to secure us the best customers for our product today."

Mansfield executive vice president Douglas Haugh said, "I'm excited about the innovative approach to feedstocks East Fork Biodiesel is using to grow their plant production and see it as highly synergistic for many of our ethanol plant partners in the region."

SOURCE: MANSFIELD OIL CO.
 
 
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