Ad-Express and Daily Iowegian, Centerville, IA

Local News

September 12, 2007

Push for biodiesel processing plant in Centerville on hold

Jim Senior, president of the recently created Appanoose Biofuels, LLC, a renewable energy company, says efforts to build a biodiesel plant in Centerville are “hibernating.”

Senior said a recent feasibility study was not overly positive or negative, but the recent surge in soybean prices would greatly affect the profitability of such a facility.

A group of area business leaders formed the company in 2006 and visited three active plants and one under development. They also reviewed the securities prospectus of several plants proposed in Iowa and Missouri.

Based on their research, Appanoose Biofuels commissioned a feasibility study to determine the potential for the project.

Senior said the idea is not comletely dead. New innovations in the industry using other plant material, he said, could breathe life back into the effort - or soybean prices could come down again.

Since such a facility would rely heavily on rail transportation, area business leaders looked at it as not only offering new jobs, but as a way to keep the Appanoose County Community Railroad viable.

Senior added that his group is still looking at creating a bean crushing plant. After the squeezing of soy bean oil, which is used in the biodiesel production process, the resulting gluten can be sold as a high-protein livestock feed.

Text Only
Local News
Featured Ads
Poll

This week the Iowegian wants readers to think about the recent decision by the Centerville Municipal Waterworks Board of Directors to increase the fee for late payment of water bills. In a story published in Wednesday's Ad Express, board members announced a 10 percent late fee after two days late, a $50 red tag fee for accounts unpaid after seven days late and a $25 shut off fee, water service terminated after two weeks late. The board said the decision to increase the fees associated with late payment is to encourage customers to pay their bills on time. So, the question this week is, "Are these fees too much to ask for?"

A. Yes, they are.
B. No, they are not.
C. I'm not affected so I don't care.
     View Results
Obituaries
Iowegian on Facebook
Community Calendar
Loading…
Events by eviesays.com
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Popular Searches
Powered by Local.com