Gulf Alternative Energy has agreed to purchase the Blairstown, Iowa ethanol plant owned by Xethanol Biofuels. The Blairstown plant is designed to produce Six million gallons of ethanol per year.
GAEC expects to use its cellulosic feedstock pre-processing technology to convert the Blairstown plant into a cellulosic ethanol plant.
GAEC expects to work toward converting the Blairstown plant to produce ethanol from cellulosic plant materials like corn stalks, corn cobs, switchgrass and agricultural waste products.
John Shearer, president of GAEC, said: “We have spent several years developing our cellulosic feed-stock preprocessor and now we are ready to put it to work in an existing ethanol plant. We have signed a letter of intent to purchase the Blairstown plant and are scheduled to close this acquisition this fall. We see a big opportunity to grow America’s fuel production using renewable non-food plant materials known as cellulosic feed-stocks.
“After we concluded that Lab results showed significant advantages from our biomass pre-processor, we felt it was time to move forward and put it to work.”
