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South Bend Ethanol Plant Upgrades, Expansion Planned (Ind. Report)
Mercuria Investments US Inc
Date: 2018-01-31
Following on our January 12 coverage, Japan-based Mercuria Investments US Inc. reports it will expand ethanol production at its recently acquired South Bend Ethanol LLC. -- formerly known as Noble Americas South Bend Ethanol LLC.

Mercuria purchased the 102 M Mgy. plant from a subsidiary of Noble Group Ltd. in December, 2017, for $18.1 million. The plant currently operates at a capacity of approximately 65 MMgy. The company plans to spend up to $30 million to improve efficiency and reliability and to expand production capacity to approximately 100 MMgy, according to a release. (Source: Mercuria, PR, Jan., 2018) Contact: Noble Group, +852 2861 3511, (713) 244- 0560 -- Houston Office, www.thisisnoble.com; Mercuria Investments, info@mercuria.jp, www.mercuria.jp/english

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