Cargill to build biodiesel plant in Iowa

Cargill Inc. plans to build a biodiesel plant and glycerin refinery in
Iowa Falls, Iowa, to take advantage of a growing market for
alternative fuels, the company announced Wednesday.

The plant, to be built next to the company's soybean-processing
facility, will make 37.5 million gallons of biodiesel and 30 million
pounds of glycerin a year from soybean oil, the company said. Cargill
also hopes to use animal fat or waste grease in the production of the
alternative fuels.

Construction is expected to begin this summer, and production should
begin in April 2006, the company said.

Minnetonka-based Cargill, a private agriculture company, is already
the nation's third-largest producer of ethanol, an alternative fuel
made using corn.

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