Demand
for E85 grows with flexible-fuel vehicle sales
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[JUNE 8, 2005]
ST. PAUL, Minn. -- CHS, a leading supplier of
bioenergy products marketed under the Cenex® brand, announced it
will begin offering E85 blends at 22 terminals located in Colorado,
Iowa, Illinois, Kansas, Minnesota, North Dakota, Nebraska and South
Dakota.
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Availability of and demand for E85 is on the rise, driven by
consumers interested in a domestically produced, environmentally
friendly alternative to conventional gasoline products.
Currently, auto manufacturers recommend E85 only be used in
flexible-fuel vehicles designed to run on gasoline or varying
amounts of ethanol, ranging from zero to 85 percent, or E85.
The new E85 fuel is available at the Qik-n-EZ at 520 Keokuk,
Lincoln, Ill.
"Bioenergy products are high-performing, good for the environment
and -- as an integrated energy, grains and foods-based company --
these products are an ideal strategic fit for us," says Doug Dorfman,
refined fuels marketing manager at CHS. "Our producer-members grow
soybeans and corn used in biodiesel and ethanol fuels, and our grain
division procures and processes corn and soybeans into oil and other
food ingredients."
More than 4 million flexible-fuel vehicles have already been sold
in the United States. As more come on the road, more retailers will
begin offering E85. CHS will continue to monitor demand and evaluate
offering E85 at additional petroleum terminals.
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Offering finished E85 at the terminal eliminates the need for
retailers to deal with becoming a "blender" in the eyes of the IRS
and claiming the federal tax credits available on ethanol blends
like E85 on their own.
"We congratulate CHS on the proactive move to E85," stated Curtis
Donaldson, chairman of the National Ethanol Vehicle Coalition. "With
this announcement, E85 development will spread rapidly across the
eight-state region."
"While only a limited number of retailers offer E85 at the pump
today, we expect the number of locations to grow as demand increases
and product becomes more available at the terminal," says Dorfman.
Visit
http://www.e85fuel.com
for a list of flexible-fueled vehicles by manufacturer and locations
that sell E85.
[LDN and news release]
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