The plant, located in Hankinson, southeastern North Dakota, has nameplate production capacity of 110 million gallons a year. It began operation in July 2008 but was idled in October, several weeks before VeraSun filed for bankruptcy.

The global financial crisis had also sent the US economy into a tailspin, causing a sharp decline in ethanol-blended motor fuels.

“Given the current ethanol mandates and our subsequent blending needs, having more of a presence in the supply chain better balances our business,” says David M.