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Bunge exits Mississippi biofuel joint venture

10:27 AM MST | January 2, 2014 | Rebecca Coons

Ergon, Inc. (Jackson, MS) announced today that it has bought out Bunge North America in their Bunge-Ergon Vicksburg, LLC (Vicksburg, MS) ethanol joint venture. Financial terms were not disclosed. "This transaction allows us to look at alternative feedstocks, as well as how the plant may be used for products beyond traditional ethanol production,” says Don Davis, president of Ergon’s Refining and Marketing division. “In addition, we feel the Ergon BioFuels facility will be synergistic with nearby Ergon Refining, Inc.’s opportunities...

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