In response to the announcement Tuesday by CHS Inc. on the Cenex Tank Program, which will help build out the necessary infrastructure to offer consumers E15, a less expensive, homegrown renewable fuel at the pump, Tom Buis, CEO of Growth Energy, issued the following statement:
“Growth Energy applauds CHS Inc. and Cenex for their steadfast commitment to renewable fuels and their announcement of the Cenex Tank Program, which will better enable some of the 1,400 Cenex branded locations to meet consumer demands for E15. The new program will cover a substantial part of the cost to obtain and install an additional E15 storage tank for retailers interested in expanding their offerings.”
“Cenex was among the first in the country to offer higher ethanol blends under its brand, and with the announcement of the Cenex Tank Program, they continue to be on the cutting edge.
“Their decision also demonstrates the strength of consumer demand for higher ethanol blends such as E15. It proves once again that consumers will select a high performance, low cost fuel when given the choice. Cenex is clearly a leader in the marketplace and is acutely in tune with what their customers want and need.
“I am impressed by all that Cenex is doing for our consumers and our country. They are empowering consumers with the ability to improve our environment and increase our nation’s energy and national security, all while saving money at the pump.”
CHS Inc., a Fortune 100 company, is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. It supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.
Currently, E15 is available at more than 90 stations. The locations are spread between 14 states including: Wis., S.D., Ohio, Neb., N.D., N.C., Mo., Minn., Miss., Kan., Ind., Ill., Iowa and Ariz.
Source: Growth Energy