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Corn Grinding For VA Ethanol Plant To Begin

Mon, 04/28/2014 - 10:39am
Associated Press

HOPEWELL, Va. (AP) — A partner in a revived ethanol plant in Hopewell plans to begin grinding corn for the operation this month.

Scolular Company will procure corn, operate grain facilities on the site and market a major byproduct.

The Progress-Index (http://bit.ly/1kkL617 ) reports that Scolular is in the process of buying corn and obtaining contracts.

Scolular is partnering with Vireol Bio Energy LLC, which plans to invest $26.2 million to begin production at the plant. The operation will create 72 jobs.

Osage Bio Energy completed the plant but decided to abandon it because of unfavorable market conditions.

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