James C. Collins, president, DuPont Industrial Biosciences, was joined by Iowa Governor Terry Branstad to celebrate the official groundbreaking for the company’s $200 million cellulosic ethanol facility in Nevada, Iowa.
In addition to the estimated 60 full-time plant operations jobs, there will be over 150 individuals involved in the collection, stacking, transportation and storage of the stover feedstock seasonally during each harvest.
“After many hard years of work by Iowa growers and technology companies like DuPont, Iowa now leads the country in renewable fuel production,” said Gov. Branstad. “This site in Nevada is the next critical step in our cellulosic ethanol journey. We look forward to bringing these advanced technologies online, creating local jobs and helping to deliver clean, sustainable energy.”
Once operational by mid-2014, this plant is expected to produce 30 million gallons of renewable fuel. It will be among the first and largest commercial-scale cellulosic biorefineries in the world.
The cellulosic biofuel will be produced from corn stover residues, a non-food feedstock that consists of corn stalks and leaves. To supply the corn stover for its plant, DuPont will contract with more than 500 local farmers to gather, store and deliver over 375,000 dry tons of stover per year into the Nevada facility.
“By leveraging DuPont Pioneer corn production expertise and designing an integrated technology platform, we’ve built an affordable and sustainable entry point into this new industry. We’re committed to continued productivity gains to drive costs down even further for the coming generations of plants, ones based on corn stover as well as other feedstocks,” said Collins.
“And we didn’t get to this point alone. We’ve built an incredible partnership with the state of Iowa, Iowa State University, entrepreneurial growers and a whole host of partners around the country who share our vision of making renewable fuels a commercial reality,” added Collins.
One of those partners could be Lincolnway Energy, next-door neighbor to the new DuPont plant in Nevada, Iowa.
“We are excited to explore the various synergies between Lincolnway and DuPont that bring value to both companies. One area is the possibility of using DuPont’s cellulosic ethanol co-product to replace our coal usage,” said Lincolnway Energy chairman Jeff Taylor. “We strive to continually improve our operations and environmental impact. Replacing our fossil fuels with this renewable cellulosic ethanol co-product to generate heat and power makes great sense. It is generated right next door, would reduce our coal usage and the transportation costs of shipping coal cars almost a thousand miles.”
Wilmington, Delaware-based DuPont (NYSE:DD) has more than 70,000 employees worldwide, and last year generated $38.7 billion in revenues for a net income of $3.51 billion.