Koch Industries unit Flint Hills Resources said Monday that it had completed the purchase of an ethanol plant near Camilla, Ga., from Southwest Georgia Ethanol.
This is Koch’s seventh ethanol plant, making it one of the largest ethanol producers in the country. It is the company’s first ethanol plant outside the Midwest.
Flint Hills Resources’ biofuels business has a combined annual capacity of 820 million gallons of ethanol, a biodiesel plant and investments in biofuels technology and feedstock development. Ethanol is mixed with gasoline as automobile fuel.
The Camilla plant opened in 2008 and has an annual capacity of 120 million gallons of ethanol. It also produces more than 310,000 tons of dried distillers grains and approximately 21 million pounds of non-food-grade corn oil each year. The plant employs about 60 people.