Gate Petroleum Says Demand Is Driving Plans for Ethanol Plant; the Company Wants a Biofuel Terminal Built on Heckscher Drive in Three Years

By Gibbons, Timothy J. | The Florida Times Union, October 19, 2007 | Go to article overview

Gate Petroleum Says Demand Is Driving Plans for Ethanol Plant; the Company Wants a Biofuel Terminal Built on Heckscher Drive in Three Years


Gibbons, Timothy J., The Florida Times Union


Byline: TIMOTHY J. GIBBONS

Gate Petroleum Co. plans to build a biofuel terminal along Heckscher Drive in about three years, the company said Thursday, a project that would enable its stations in the Jacksonville area to sell gasoline blended with ethanol.

The company - whose subsidiary, Gate Biofuels LLC will operate the 55-million-gallon terminal - is in the process of buying a 139-acre site on the St. Johns River that will be used for the project.

Ethanol and biodiesel would be brought to the site by rail or vessel, stored there and then blended with gasoline before being shipped to gas stations.

Ethanol is a form of alcohol, typically made from materials such as corn or sugar cane, that can be used as automobile fuel. All cars can burn what is known as E10, which is 10 percent ethanol. Some cars have engines able to burn E85, with is 85 percent alcohol.

Biodiesel is similar, but is usually made from natural oils, like soybean or vegetable oils.

The terminal is the second time Gate has taken steps to play in the ethanol market. In 2006, the company said it was considering building a multimillion-dollar ethanol production plant near White Springs, one of the first such facilities in Florida.

That plant, the company said at the time, would turn tons of corn into 30 million gallons of ethanol each year. …

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