Ergon Acquires Bunge’s Interest in Mississippi Ethanol Facility
JACKSON, Miss. -- January 2, 2014
Ergon, Inc. announced today that its wholly owned subsidiary, Ergon Ethanol,
Inc., acquired Bunge North America, Inc.’s interest in and now owns 100% of
Ergon BioFuels, LLC located in Vicksburg, Mississippi. Financial terms were
not disclosed. Effective December 31, 2013, Bunge-Ergon Vicksburg, LLC changed
its name to Ergon BioFuels, LLC.
Ergon BioFuels, LLC, formerly Bunge-Ergon Vicksburg, began as a joint venture
between Ergon Ethanol, Inc. and Bunge North America in 2007. With an annual
throughput capacity of 54-million gallons, Bunge-Ergon Vicksburg, LLC was one
of the largest producers of ethanol in the southeastern United States until
operations were suspended in December 2012.
“This transaction allows us to look at alternative feedstocks, as well as how
the plant may be used for products beyond traditional ethanol production,”
said Don Davis, President of Ergon’s Refining and Marketing division. “In
addition, we feel the Ergon BioFuels facility will be synergistic with nearby
Ergon Refining, Inc.’s opportunities for an expanded product base.”
About Ergon Ethanol
Ergon Ethanol, Inc. is a wholly owned subsidiary of Ergon, Inc. Ergon, Inc. is
a privately held company that operates under six primary business segments:
Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil &
Gas, Real Estate, and Corporate & Other.
About Bunge North America
Bunge North America, Inc., the North American operating arm of Bunge Limited
(NYSE: BG), is a vertically integrated food and feed ingredient company,
supplying raw and processed agricultural commodities and specialized food
ingredients to a wide range of customers in the livestock, poultry, food
processing, foodservice and bakery industries. With headquarters in St. Louis,
Missouri, Bunge North America and its subsidiaries operate grain elevators,
oilseed processing plants, edible oil refineries, packaging facilities, and
corn, wheat and rice mills in the U.S., Canada and Mexico.
Jim Temple, 601-933-3000
Director of Communications
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