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Ethanol Plant
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October 16, 2006
Integrated Grain Processors Co-operative Closes on Aylmer Property
Aylmer, Ontario. Aylmer Mayor Paul Baldwin and Integrated Grain Processors Co-operative (IGPC) Chair Tom Cox announced today that IGPC has closed on the purchase of the land in Aylmer on which it will be building its proposed 150 million litre ethanol plant. The 48 acre site is located in Aylmer’s Business Park which is serviced with municipal water and sewers.
Mayor Baldwin congratulated IGPC on the purchase of the property and extended a warm welcome to the Co-operative and its more than 700 farmer and community members. “We are delighted that IGPC will be making Aylmer its home and appreciate their recognition that this is a great place to do business.” Malahide Township Mayor John Wilson joined Mayor Baldwin in expressing his congratulations to IGPC for this important step forward. “IGPC’s ethanol plant will make an important contribution to our entire region by creating new jobs and an additional major buyer for local corn,” said Wilson.
Cox was enthusiastic about the strategic advantages of IGPC’s Aylmer location, including access to a reliable supply of local corn, combined with good municipal water, sewers, and rail service provided by Trillium Rail.
But Cox emphasized that strong political and community support for the project were just as important in choosing Aylmer as the site for an ethanol plant. “The Town’s complete commitment to seeing our project getting built in Aylmer has certainly been a key factor in our decision to purchase the property in Aylmer’s Business Park,” said Cox. “And we especially want to thank MPP Steve Peters for his tireless efforts on behalf of IGPC. Steve’s support was instrumental in our choice of Elgin County as a location for our plant and we are genuinely grateful for his continuing assistance.”
Cox also thanked MP Joe Preston for his commitment to the project, noting that “Joe has been a great supporter of ours since we first announced our plans to come to Aylmer.”
Preliminary grading of the site is to start immediately. IGPC Director Doug Burt, who chairs the Co-operative’s engineering committee, noted that “it’s important to get the basic grading work completed before the frost gets in the ground. Once the grading is done, weather-permitting, we should be able to work right through the Winter.”
IGPC’s ethanol plant will bring 35 new industrial jobs to Aylmer and will also generate important spin-off benefits for the entire agricultural sector and other local businesses. Corn farmers, grain elevators, trucking companies, and livestock producers all benefit by having an ethanol plant nearby.
Designed to manufacture approximately 150 million litres of denatured ethanol annually, key co-products of the proposed plant will include 120,000 tonnes of Distillers’ Dried Grains and Solubles (DDGS) and 75,000 tonnes of CO2. The IGPC ethanol plant would use nearly 15 million bushels of corn each year, creating significant additional demand for Ontario corn producers. Benefits of an ethanol plant include a new value-added market for Ontario corn, the creation of local jobs, and the production of DDGS, an excellent source of protein for dairy and beef cows, hogs, and poultry.
Ethanol is also an important tool in addressing Canada’s commitment to a cleaner environment through the reduction of automotive emissions. In June 2005, the McGuinty Government announced the introduction of its ethanol mandate which requires ethanol to make up five per cent of all motor vehicle fuel sold in Ontario. And in June of 2006, the Province awarded IGPC a capital grant of $14 million to assist in the construction of the plant.
The Government of Canada is also solidly behind the development of a strong domestic ethanol industry. In July 2005, IGPC received a commitment of $11.9 million in assistance from Natural Resources Canada’s Ethanol Expansion Program. And the newly elected Harper Government is moving forward quickly with its plans to implement a five per cent average renewable content in Canadian gasoline and diesel fuel by 2010.
Media Contacts:
Town of Aylmer
M. Heather Adams
Administrator
(519) 773-3164
IGPC
Tom Cox, Chair
(519) 771-4467
July 31, 2006
Integrated Grain Processors Co-operative Opens Office in Aylmer
Aylmer, Ontario. Integrated Grain Processors Co-operative (IGPC) has now opened an office in Aylmer as part of the development of its planned 150 million litre ethanol plant. The IGPC office is centrally located in Aylmer at 33 Talbot Street East.
IGPC Chair Tom Cox welcomed the addition of the Aylmer office and extended an invitation to all interested members of the community to drop in and learn more about the project. “We’re pleased to be establishing a home base in Aylmer,” said Cox, “and look forward to broad community participation in our ethanol project.”
The Co-operative will begin holding its weekly Thursday night meetings at its new office on August 10th. Anyone interested in joining IGPC is invited to attend the Thursday meetings from 7:30 – 9:30 P.M.
IGPC plans to build an $87 million ethanol plant in Aylmer, Ontario, capable of producing approximately 150 million litres of denatured fuel-grade ethanol annually. The proposed plant will also produce approximately 120,000 tonnes of Dried Distillers Grains with Solubles (DDGS) annually. Approximately 90,000 tonnes of CO2 will be produced annually by the plant.
The plant will utilize some 14.5 million bushels of corn annually, representing around seven per cent of Ontario’s average corn production. It is estimated that the additional corn consumed by the plant could increase the local basis for corn by up to $0.10 per bushel. The plant will create 35 jobs directly, as well as additional spin-off jobs.
IGPC has raised nearly $25 million in equity to date from Southern Ontario farmers and community members. The Co-operative has a conditional purchase agreement with the Town of Aylmer for a 48 acre site in the Aylmer Business Park. The site is appropriately zoned for an ethanol plant and the Co-operative is currently seeking to obtain all of permits necessary for air and noise emissions and other regulatory approvals.
Project construction is anticipated to begin by Fall of 2006, once IGPC finalizes its financing. Construction of the plant will be completed within approximately 12-14 months.
New Aylmer Office Contacts
33 Talbot Street East, Aylmer, Ontario.
MAILING: P.O. BOX 205 Aylmer, Ontario N5H 2R9
TEL: 519 765-2575 or 1-866-211-0435
info [snail] igpc [period] ca -> mailto:info [snail] igpc [period] ca
June 15, 2006
Ontario Ethanol Growth Fund Gives Integrated Grain Processors Co-operative Big Boost
Aylmer, Ontario. Today’s announcement by Ontario of $14 million in capital funding to Integrated Grain Processors Co-operative has given the proposed $87 million Aylmer, Ontario ethanol plant the decisive piece required to finalize its overall financing package. The announcement of the Ontario Ethanol Growth Fund (OEGF) capital grant by the Honourable Leona Dombrowsky, Minister of Agriculture, Food and Rural Affairs was greeted enthusiastically by members of IGPC and the Aylmer community who gathered at the farm of local dairy producer and ethanol supporter, John Walker.
Dombrowsky also announced that IGPC would be receiving operating grants under the OEGF program. These operating grants, which could provide the Co-operative with annual support of up to $0.11 per litre, are designed to offset possible adverse fluctuations in the commodity prices of corn, oil, and ethanol.
IGPC Chair Tom Cox thanked Dombrowsky for the OEGF grants and underscored the significance of the provincial support. “Ontario’s investment of $14 million will enable us successfully to bring our financing arrangements to a close. But what’s probably even more important from the perspective of senior lenders are the operating grants which the Province will provide in the event that corn, oil, and ethanol prices fluctuate in a way as to impair the profitability of the plant. It is this element of the OEGF that will provide particular comfort to our lenders.”
IGPC’s 150 million litre ethanol processing facility will turn nearly 15 million bushels of corn into a renewable fuel source which simultaneously reduces greenhouse gas emissions. As a co-operative owned by nearly 650 Ontario farmers and other community members, having an opportunity to turn corn into a high value-added product is especially significant given recent low commodity prices. The proposed Aylmer plant will also bolster demand for Ontario corn and create spin-off jobs and other benefits for the entire rural economy in Elgin County.
In his enthusiastic address to IGPC members and local community supporters, Cox expressed his particular gratitude to local MPP Steve Peters. “Without exaggeration, IGPC would not be this close to building its plant if it were not for the relentless efforts and unrelenting support of Steve Peters. We are sincerely grateful to him for all he has done for us.”
Ethanol is considered an important made-in-Canada tool for addressing Canada’s commitment to reduce greenhouse gases. The Government of Canada is also solidly behind the development of a strong domestic ethanol industry. In July 2005, IGPC received a commitment of $11.9 million in assistance from Natural Resources Canada’s Ethanol Expansion Program, and the Co-operative is expected to sign a Contribution Agreement with Ottawa in the near future.
Contacts:
Integrated Grain Processors Co-operative Inc.
Brantford, Ontario
519 752-0447 1-866-211-0435
Tom Cox, Chair
519 771-4467
BACKGROUNDER
INTEGRATED GRAIN PROCESSORS CO-OPERATIVE INC.
Integrated Grain Processors Co-operative Inc. (IGPC) was incorporated in April 2002 as an Ontario co-operative. The objective of IGPC is to establish an ethanol plant in Southwestern Ontario to add value to local producers’ corn, increase the price producers receive for their corn locally, and create jobs and environmentally sustainable economic growth in Southwestern Ontario. The Co-operative is committed to the reduction of greenhouse gas emissions through the production of renewable fuels.
IGPC plans to build an $87 million ethanol plant in Aylmer, Ontario, capable of producing approximately 150 million litres of denatured fuel-grade ethanol annually. The proposed plant will also produce approximately 120,000 tonnes of Dried Distillers Grains with Solubles (DDGS) annually. Approximately 90,000 tonnes of CO2 will be produced annually by the plant.
The plant will utilize approximately 14.5 million bushels of corn annually, representing approximately 7% of Ontario’s average annual corn production. It is estimated that the additional corn consumed by the plant could increase the local basis for corn by up to $0.10 per bushel. The plant will create 35 jobs directly, as well as additional spin-off jobs.
IGPC has raised nearly $25 million in equity to date from Southern Ontario farmers and community members. The Co-operative recently announced the conditional purchase of a 48 acre site in the Aylmer Business Park in the Town of Aylmer. The site is appropriately zoned for an ethanol plant and the Co-operative is currently seeking to obtain all of permits necessary for air and noise emissions and other regulatory approvals.
Project construction is anticipated to begin by late Summer or early Fall of 2006, once IGPC finalizes its financing. Construction of the plant will be completed within approximately 12-14 months.
MCGUINTY GOVERNMENT BOOSTS ONTARIO'S ETHANOL INDUSTRY
Minister Dombrowsky Congratulates Successful Applicants For Ontario Ethanol Growth Fund
To see the full story visit the link below:
http://www.omafra.gov.on.ca/english/infores/releases/2006/061506.html
March 27, 2006
Integrated Grain Processors Co-operative to Locate in Aylmer
Aylmer, Ontario. Aylmer Mayor Paul Baldwin and Integrated Grain Processors Co-operative (IGPC) Chair Tom Cox announced today that IGPC has purchased land in Aylmer for the construction of its proposed 150 million litre ethanol plant. Under the terms of the conditional purchase agreement, IGPC will buy a 48 acre parcel in Aylmer’s Business Park which is serviced with municipal water and sewers.
Mayor Baldwin welcomed IGPC to the Town of Aylmer and noted that “Council is unanimous in its support for IGPC locating its ethanol plant in our community. Having an ethanol plant here will not only bring 35 new industrial jobs back into our Town but will also bring important spin-off benefits for the entire agricultural sector and other local businesses.” Corn farmers, grain elevators, trucking companies, and livestock producers all benefit by having an ethanol plant nearby.
Mayor Baldwin was optimistic that IGPC’s choice of Aylmer as the location for its ethanol plant would lead other agricultural processing and agri-food businesses to give serious consideration to Aylmer as an ideal place to locate their businesses. “Not only Aylmer, but all of the communities in Elgin County, understand and appreciate the importance of agriculture to our communities. Anyone who can build on our strong agricultural base and contribute to the vitality of our agricultural economy should take a close look at all that we can offer them.”
Malahide Township Mayor John Wilson was equally enthusiastic about IGPC’s decision to move into this progressive community. “I would like to extend my congratulations to both the Town of Aylmer and to IGPC for choosing Aylmer as the site for this major project. Malahide Township Council believes an ethanol plant will be a valuable addition to the whole area and looks forward to working closely with all stakeholders to provide whatever support is needed to see this project move forward quickly.”
Tom Cox was excited about the selection of Aylmer as the site for IGPC’s ethanol plant. “Everyone in Aylmer has made it clear to us that the Town is open for businesses like ours which add value to local agricultural products and boost the rural economy. We are absolutely delighted to be working with such a co-operative and progressive community that understands the needs of new businesses.”
Cox also praised the assistance and support received thus far from local companies such as Trillium Railway, Erie Thames Powerlines, and Natural Resources Gas (NRG). “We really appreciate the tremendous efforts these companies have made to get us the information we needed to determine that Aylmer could support an ethanol plant,” said Cox.
The scheduled closing date for the purchase is June 30, 2006. The purchase is conditional upon the completion of environmental, archeological, geological, and other studies on the site. IGPC is still awaiting information from Union Gas (Duke Energy) about the costs of supplying natural gas to NRG, the local gas company serving the Aylmer area. “Once we hear back from Union Gas, we’ll be able to confirm that the Aylmer site is economically feasible for us.”
Designed to manufacture approximately 150 million litres of denatured ethanol annually, key co-products of the proposed plant will include 120,000 tonnes of Distillers’ Dried Grains and Solubles (DDGS) and 75,000 tonnes of CO2. The IGPC ethanol plant would use nearly 15 million bushels of corn each year, creating significant additional demand for Ontario corn producers. Benefits of an ethanol plant include a new value-added market for Ontario corn, the creation of local jobs, and the production of DDGS, an excellent source of protein for dairy and beef cows, hogs, and poultry.
Ethanol is also an important tool in addressing Canada’s commitment to reduce greenhouse gases. In June 2005, the Province of Ontario announced the introduction of its ethanol mandate which requires ethanol to make up five per cent of all motor vehicle fuel sold in Ontario. The Province’s ethanol mandate has spurred significant interest in renewable fuels. The Government of Canada is also solidly behind the development of a strong domestic ethanol industry. In July 2005, IGPC received a commitment of $11.9 million in assistance from Natural Resources Canada’s Ethanol Expansion Program. And the newly elected Harper Government has promised that it will require five per cent average renewable content in Canadian gasoline and diesel fuel by 2010.
Media Contacts
IGPC
- Tom Cox, Chair
