FUNDED BY SOYBEAN CHECKOFF DOLLARS  
 
FOR IMMEDIATE RELEASE
Date:
 June 13, 2006
Contact: Karen Simon,
Communications Director
1 800-383-1423

 



WASHINGTON BIODIESEL PLANT BREAKING GROUND TODAY

 

URBANDALE, Iowa - A new biodiesel plant in Washington, Iowa, is now under construction. Investors broke ground today on the 30 million gallon biodiesel refinery, which is expected to begin producing biodiesel next summer.

The primarily farmer-owned biodiesel plant will employ approximately 30 people from the Washington area. The refinery will use mostly soybean oil and some animal fat to produce the biodiesel.

The biodiesel industry is extremely valuable to all Iowans. Not only will biodiesel production raise the price of soybeans by nearly 17 cents per bushel, but according to a recent study by the Iowa Soybean Association (ISA), soy biodiesel will bring more than $1.3 billion in additional income to the state of Iowa by the year 2010. Soy biodiesel production will also create 15,000 new jobs and $141 million of tax revenue in Iowa.

“Today is a big day for Iowa,” says John Heisdorffer of Keota, an ISA district director and an Iowa Renewable Energy board member. “This is great for all soybean producers and also a great opportunity for the Washington community. We are proud to be one of the few plants that will be producing BQ 9000. The state of Iowa continues to remain a leader in the quest to become energy independent.”

The Washington refinery brings the number of biodiesel plants to 12. Six are currently producing biodiesel and six more are under construction. Within the next 12-18 months Iowa’s total biodiesel production capacity will be at nearly 250 million gallons of biodiesel per year.

“Today marks an important milestone for the biodiesel industry in the U.S.,” says Tom Verry, Director of Outreach and Development for the National Biodiesel Board. “We applaud the leadership Iowa has shown in meeting the growing demand for biodiesel. Iowa is really playing an important part in making the nation energy independent.”

Biodiesel use is rapidly growing across the United States, according to the U.S. Department of Energy. More than 600 fleets use biodiesel, including the U.S. Military, NASA, Yellowstone National Park, local governments and hundreds of school districts.

  The Iowa Soybean Association develops policies and programs that help farmers expand profit opportunities while promoting environmentally sensitive production using the soybean checkoff and other resources. The Association is governed by an elected volunteer board of 21 farmers.

 
- 30 -

Funded by soybean checkoff dollars.