A proposed $175 million ethanol plant in Des Moines could pump about $20 million into city budgets in the next five years, the Des Moines Register reports. In addition, a business is exploring building a $22 million facility next to the plant to convert construction waste to gas that would power the ethanol plant.
The City Council is expected to approve the proposal from Urbandale-based Vision Fuels for the 110 million-gallon-a-year ethanol plant.
The benefits to Des Moines include:
A key point among city leaders is the preliminary partnership between Vision Fuels and a company known as Environmental Reclamation and Recycling which could build a facility to convert construction waste into gas to be used by the ethanol plant. The facility could supply the plant with up to 30 percent of its energy.
"It's certainly possible to go further" and provide all the power," said a manager of the recycling company. "It's just a matter of finding material."