Check out surplus equipment website. 130,000 litre grain ethanol plant in Canada. LEP?
Broker looking to “sell” MEP as an operating facility.
31 replies (most recent on top)
Why's this thread getting so much attention? I don't think they're selling these assets and I work for Cenovus.
Can't find that globe article anywhere. Either way they're not selling either ethanol plant. They're repairing the Lloyd one now.
Cenovus confirms talks for potential sale of assets - The ...
www.theglobeandmail.com › article25044933
Feb. 09, 2021 — Cenovus, the third largest integrated oil company, did not name the counterparty it is in talks with.
Someone here asked about the LEP explosion -
Husky Energy shuts down Lloydminster ethanol plant ...
www.biofuelsdigest.com › bdigest
Jan. 4, 2021 — ... Husky Energy was forced to shut down its ethanol plant near Lloydminster, Saskatchewan following a loud boom and later and fire in a dryer. Future of the facility uncertain.
HSE there was never any money in ethanol, the company did it for offsetting carbon emissions; they receive carbon capture credits for producing ethanol. That was no secret. They're keeping it.
Ethanol prices hit all-time low, unconfirmed reports of plant closures ...
www.agriculture.com › news › business › ethanol-price...
Nov. 19, 2020 — The plunge in gasoline prices and the resulting drop in ethanol prices are ... For two years, ethanol plants have not been building up their cash ...
What's going on at the Lloydminster plant after that explosion, anyone know?
This HSE poster is some kind of stupid.
No it doesn't mention any of the ethanol plants
Cant read that locked out article, does it make mention of lloyd ethanol?
YOU are a non-core asset.
Lol. The article about unnamed non-core asset sales? That was already a given. Any other nuggets of wisdom to offer up?
Scroll down dumb–s -
https://www.dailyoilbulletin.com/category/asset-sales-and-acquisitions
lol. Keep posting links to nothing
Want to bet?
https://www.dailyoilbulletin.com/category/asset-sales-and-acquisitions
None of those plants on phoenix equipment website are the Husky plants.
https://www.phxequip.com/plant.1935/ethanol-plant-130000-lpy.asp
There's no indication anywhere that the Ethanol plants are being sold or are even up for sale.
That Bloomberg article has ADM looking to sell some of their own assets, not looking to buy LEP/MEP. Not even sure what a 'dry ethanol mill' is, but certainly doesn't sound like the Husky ethanol plants.
Agriculture Giant ADM in Advanced Talks for Ethanol Deal
www.bloomberg.com › news › articles › agriculture-gia...
Feb. 9, 2021 — Archer-Daniels-Midland Co., the agribusiness giant that helped draw the blueprint for the U.S. biofuel industry, is in advanced talks for a deal ... One of the world's top biofuels producers already operates a plant with 70 million gallons of capacity in Lloydminster, Canada.
Is this true, are they close to selling these assets?? Wonder if they make any money. Who is 'KM' from one of the earlier posts?
"inside....trust me
The Axe is coming down and hard ....next three weeks.... employees to stand ground"
What? Are you saying that you're inside the ethanol plant? Lloydminster or MEP?
The ethanol plants are not on that Aaron's equipment page. There's some other biodiesel type plant but that's the closest thing to ethanol, but it's not the Husky plant.
inside....trust me
The Axe is coming down and hard ....next three weeks.... employees to stand ground
'KM confirmed that...' who's KM?
Keith's wheelhouse is NOJVs.
2020 December Ethanol Producer Magazine by BBI ...
Dec. 11, 2020 — The company intends to sell or repurpose its Western Canadian ... the company's planned merger with Husky Energy Inc. In late October
KM confirmed (unofficially) that, following the dryer explosion, senior management has decided not to repair and restart the facility. A third party has been engaged to find a buyer willing to relocate the plant. Check out the website.
https://www.aaronequipment.com/usedequipment/complete-plants/complete-plants-2
Are they really for sale?
Proof they're on the for sale block??
Not on the website. You can bet just about anything is on the block though.