Northern Indiana will soon be home to what Gov. Mitch
Daniels’ office is calling “the world’s largest biodiesel plant.”
The plant will be owned and operated by a foreign company. French
company Louis Dreyfus Agriculture Industries LLC is expected to begin
construction on the $135 million facility near Claypool, IN, this spring,
according to a press release.
According to the Indiana State Department of Agriculture, Indiana is the fifth-largest corn producing state and the fourth-largest soybean producing
state in the U.S. Daniels said in a press release that the new biodiesel plant
could play a key role in Indiana’s “economic comeback.”
When complete, the plant is expected to produce about 80 million
gallons of biodiesel a year from soybean crops harvested within the state.
Daniels said Indiana’s goal is to produce a combined 1 billion gallons of
ethanol and biodiesel annually.
Louis Dreyfus has reached an agreement with the Indiana Economic
Development Corporation and the Department of Agriculture to build the project
in two phases.
The first phase will be a 50 million bushel-per-year soybean processing
plant, and the second phase will be the actual biodiesel production facility.