Osage Bio Energy
Virginia-based Osage Bio Energy announced in September of 2008 that will build the Southeast’s first barley-based ethanol and protein-feed production facility in the City of Hopewell in Virginia’s Gateway Region.
The ABE facility is designed to produce 65 million gallons per year (MGPY) of ethanol and is projected to use regionally grown barley as the primary raw material. When complete, the facility will be the first large-scale fuel ethanol plant constructed in Virginia. As a motor fuel, ethanol can reduce the life-cycle green house gas emissions typical of gasoline. Through partnership with KATZEN International, Inc. the facility will utilize technology from one of the leading process design companies in the biofuels industry. Incorporating this technology around the use of barley allows for a number of distinct advantages, including:
- As a moderate-to-high yield winter crop in the Mid Atlantic region, barley can be grown in double-crop systems with established food crops such as soybeans.
- Through the use of advanced bio-processing methods, the facility will produce a barley protein meal that will introduce a high quality animal feed product to the market.
- OBE will capture the energy value of barley hulls through conversion to fuel pellets. These pellets represent an attractive high-value renewable biomass that can either be used for process heat in the ethanol process or marketed as a green energy fuel in domestic or export markets.
The end result: an additional cash crop for farmers, a nutritionally superior animal feed, and fuel for our cars.
About OBE
Osage Bio Energy is headquartered in Glen Allen, VA, and was founded in January 2007 to develop barley-based ethanol production on the U.S. East Coast. Osage, Inc., a sister company, is the largest independent distributor of motor-fuel grade ethanol in the Southeast, with current throughput approaching 200 million gallons per year. Osage, Inc. will provide the marketing for the ethanol from the ABE facility. OBE’s equity partner, First Reserve Corporation, is the world’s leading private equity firm in the energy industry and is targeting to the renewable energy sector, including biofuels; waste to energy; CO2 offset origination; and solar and wind generation. Further information is available at:
http://osagebioenergy.com and http://www.firstreserve.com.
Contacts
Osage Bio Energy
info@osagebioenergy.com
804-612-8660
Source: Osage Bio Energy (OBE)