Friday, September 22, 2006

[Biodiesel News] Blagojevich visits Stepan

Blagojevich visits Stepan

Joliet Herald News - Joliet,IL,USA

Rod Blagojevich on Thursday toured Stepan Co.'s biodiesel facility at its Millsdale plant and praised the company for its plans to double production. ...

 

ELWOOD — Gov. Rod Blagojevich on Thursday toured Stepan Co.'s biodiesel facility at its Millsdale plant and praised the company for its plans to double production.

 

The expansion project at the Millsdale plant outside Elwood is being aided by a $3 million state grant.

 

"This company in Elwood, Ill., can lead the country off of its dependence on foreign oil, off of its dependence on oil, and into the future," Blagojevich said.

 

Blagojevich contends that new production encouraged by the state's renewable fuels incentive programs can cut the amount of foreign oil used for Illinois gasoline in half by 2017.

 

The Millsdale plant has the largest biodiesel production plant in Illinois, producing 19 million gallons a year. The expansion would raise production to 49 million gallons.

 

Biodiesel is derived from soybeans and is used for truck and bus fleets.

 

Expansion of the biodiesel facility at Millsdale is expected to cost $24 million, could start in January and would take about a year to complete.

 

After being lauded for the company's investment at the local plant, Stepan President and CEO F. Quinn Stepan noted that the company has spent $190 million worldwide on expansion projects in the past five years, and, "More than $90 million has been spent right here at this site. We are committed to this state. We are committed to this site."

 

Millsdale is Stepan Co.'s largest facility among 14 chemical production plants worldwide. The plant also makes chemicals for detergents and plastics.

 

Stepan employs 370 workers at Millsdale, including 23 in biodiesel production.

 

The expansion will add six to eight workers at the biodiesel facility. About 160 building trades workers are expected to be involved in construction.

 

Click Here to Make $20-$75/Hour for Your Opinion  

 

--

Posted by Vince to Biodiesel News at 9/22/2006 11:54:00 AM

0 Comments:

Post a Comment

<< Home


View My Stats