The Ethanol Plant industry experienced a large increase due to the economic conditions and market demands over the last two years. Plants are getting permitted on a frequent basis in an attempt to cash in on the favorable margins that an ethanol plant can produce. EcoGen has differentiated itself from our competitors by:
- EcoGen Has A Long Term Strategy For Success. Many firms are entering this industry with the intention of cashing in quickly on the favorable margins and taking advantage of market trends. We are taking more of a strategic approach with regard to this business. The demand for ethanol will continue to grow and we plan to capitalize on this anticipated growth.
- Strategic Location Of Our Plants Is Crucial. Grain supply is not the only factor that is important to the success of a plant. With the growing demand for corn and ethanol there are other avenues to receiving supply and delivering off-take. It is our intention to locate our plants in a location where we can:
- Take advantage of all distribution options (i.e. rail, barge, truck).
- Have access to a good corn market.
- Have access to less expensive natural gas or another fuel alternative.
- Have access to a good off-take market.
- Technology And Production Upgrades Will Be Standard In All Our Plants. Cellulosic ethanol is the conversion of biodegradable products into ethanol such as corn stalks, wood chips, grasses, and even garbage. Experts predict that this technology is about 5-8 years away but if it is perfected then it will lower grain cost significantly and increase production even more significantly. Our plants will have the ability to upgrade to operate with this technology. Also many plants are being built with too small a capacity to compete with many of the larger plants that are coming online. These small plants will unfortunately be swallowed up or priced out of the market because of production limitations. We are building mid to large size plants initially with the potential of upgrade to large to giant capacities to keep us from being undersized in this market.
“By reducing our dependence of foreign oil and increasing alternative energy sources such as ethanol, we can begin to bring down prices at the pumps, create thousands of new jobs and bring a much needed boost to our economy.”
- Congressman Jim Ryun