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Cargill edges in on ethanol assets

US-food and agriculture giant Cargill has expanded its grain handling portfolio by purchasing assets of the former Altra Nebraska ethanol facility in
Carleton, Nebraska.

The plant became a victim of the crashing financial market when half way through construction in November 2007 the tools had to be put down.

‘This facility is a valuable asset to the entire region, and we intend to invest further in optimising its value for our producer customers,’ Robert Racek, regional farm service group leader for Cargill AgHorizons, says.

The company will make additional enhancements to the facility to make it fully operational.

Cargill AgHorizons's regional Aksarben farm service group also operates four grain-handling facilities in the Nebraska and one in Iowa, US.

Aside from ethanol and grain handling facilities Cargill operates biodiesel facilities in the US, Germany and South America.




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