Panda plant for Yuma

announced today that it will build a 100 million gallon per year renewable fuel ethanol plant in Yuma, Colorado. The $120 million facility will refine American grown corn into auto fuel. The ethanol produced at the Colorado plant will be blended with petrol and replace the equivalent of 2.4 million barrels of imported petrol each year.

The Yuma project is the second of five 100 million gallon per year fuel ethanol plants Panda will announce this year. In May, Panda announced it would build a 100 million gallon per year fuel ethanol plant in Hereford, Texas.

To produce steam, both the Yuma and Hereford facilities will utilise a renewable fuel technology that converts a billion pounds of cattle manure each year into bio-gas fuel. Each facility will save the equivalent of 1,000 barrels of oil per day, which, according to a statement, will make these facilities the most energy efficient ethanol refineries in the United States.