CHS acquires Patriot Renewable Fuels ethanol plant

CHS, North American farmer-owned cooperative and a global energy, grains and foods company, has acquired the Patriot Renewable Fuels ethanol plant from Patriot Holdings.

The Annawan, Illinois facility produces 125 million gallons of ethanol annually, and is the second ethanol plant that CHS has purchased; in June 2014 it acquired the former Illinois River Energy plant at Rochelle, Illinois.

'CHS will pursue ethanol manufacturing ownership in strategic current and new geographies that allow us to add value for our owners across our ag business and energy enterprise from inputs to value-added fuel and feed ingredients to the marketplace,' comments Gary Anderson, CHS senior VP, North America grain marketing and renewable fuels.

The facility will be rebranded as CHS and its 68 employees will become CHS employees.

SOURCE: CHS