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Green Plains plans ethanol export terminal in Texas


Green Plains Inc. said Tuesday that it plans to build and operate its first export-import fuels terminal in Beaumont, Texas, the latest in a string of expansion moves by the country’s fourth-largest ethanol producer, Reuters reported. The Omaha-based company, has three Iowa ethanol plants. Green Plains formed a joint venture with Jefferson Gulf Coast Energy Partners at Jefferson’s existing Beaumont operation on a terminal expected to cost $55 million in its first phase of construction, the companies said in a joint statement. The joint venture’s terminal will have direct access to multiple transportation options, including Aframax vessels, inland and coastwise barges, trucks and unit trains with direct mainline service from the Union Pacific, BNSF and KCS railroads.  

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