The two companies formed a joint venture to assess the feasibility of a 1,800-mile ethanol pipeline from the US Midwest to distribution outlets in the Northeast, ending in Linden, New Jersey.
Once the feasibility study is complete, the pipeline would be operational as early as 2014.
The pipeline, which would easily be the longest in the country, would transport about 230,000 barrels a day of ethanol, or 3.5