Verbio Investing $230M to Convert South Bend Ethanol into Biorefinery

Verbio North America Holdings Corp. - a subsidiary of leading independent German producer of biofuels and bioenergy in Germany and Europe Verbio Vereinigte BioEnergie AG (Verbio AG) - is acquiring South Bend Ethanol in South Bend, Indiana, with plans to invest $230 million to convert the facility into a modern biorefinery that will use 28 million bushels of local corn as its primary feedstock.

The development project will advance over the course of the next three years, and once completed will result in a facility able to produce 85 million gallons of ethanol and 2.8 billion cubic feet of RNG per year.

The overall investment will also fund upgrades, including additional equipment and process capabilities enabling the plant to produce value-added products such as liquid fertilizer.

These upgrades will commence over the next several months enabling commercial production of RNG using sillage from ethanol production as a feedstock. After processing, liquid fertilizers and humus will be returned to fields, completing a circular production cycle.

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