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$15 Million Owensboro Plant Near Completion
By AP
OWENSBORO, KY - Work on a new $15 million glycerin refinery at Owensboro Grain Co.'s facility is set for completion by the fall and in full production by January.

Company Vice President John Wright told the Owensboro Messenger-Inquirer that the facility will turn pure glycerin into a variety of uses in cosmetics, personal care, industrial and pharmaceutical uses.

Gov. Steve Beshear announced last March that the state's Agricultural Processing Loan Program had approved a $1.5 million loan for the refinery, which is being built next to the company's 6-year-old biodiesel plant.

That plant, which turns soybeans into a vegetable oil that blends with diesel to create a fuel source, has been running at capacity for the past two years. Crude glycerin is a byproduct of the biodiesel process.

Published 07:45 AM, Sunday Mar. 10, 2013
Updated 05:30 PM, Sunday Mar. 10, 2013

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