Flint Hills Resources, the refining, chemicals and biofuels company, has completed the acquisition of an ethanol plant near Camilla, Georgia, from Southwest Georgia Ethanol.
The Camilla plant opened in 2008 and has an annual capacity of 120 million gallons of ethanol. It also produces more than 310,000 tons of dried distillers grains and approximately 21 million pounds of non-food grade corn oil each year. The plant employs about 60 people. Financial details of the deal were not disclosed.
Flint Hills Resources, which ahs operations primarily in the Midwest and Texas, said its biofuels business now includes seven ethanol plants with a combined annual capacity of 820 million gallons, a biodiesel plant and investments in biofuels technology and feedstock development. Camilla is the company’s first ethanol plant located outside of the Midwest.
Flint Hills Resources is a wholly-owned subsidiary of Koch Industries Inc. It operates ethanol plants in Arthur, Fairbank, Iowa Falls, Menlo and Shell Rock, Iowa, Fairmont, Nebraska, and Camilla, Georgia.