Flint Hills buys its sixth ethanol plant

Private refiner Flint Hills Resources, Wichita, has acquired a 110-million-gal/year corn-based ethanol plant in Arthur, Iowa, from Platinum Ethanol (OGJ Online, Jan. 7, 2011).

It didn’t disclose terms.

Flint Hills operates refineries in North Pole, Alas.; Rosemount, Minn.; and Corpus Christi, Tex., with combined crude oil capacity of nearly 670,000 b/d.

The Arthur facility becomes its sixth ethanol plant. Located elsewhere in Iowa and in Fairmont, Neb., the other plants have combined capacity of 550 million gal/year of ethanol.