Green Plains, Delek to build ethanol train terminal on UP line

Green Plains Partners LP and Delek US Holdings Inc. will form a joint venture to build an ethanol unit train terminal on a Union Pacific Railroad line in Arkansas, Green Plains announced yesterday.

The $12 million project to build the terminal in the city of Maumelle is expected to be completed in fourth-quarter 2016, according to a press release.

The new terminal will have the capacity to handle 110-car unit trains in less than 24 hours. It initially will include storage for 4.2 million gallons of ethanol. Green Plains and Delek will jointly operate the terminal.

"When completed, this new terminal will allow ethanol to be delivered more efficiently into the Little Rock and surrounding markets," said Green Plains President and Chief Executive Officer Todd Becker. "This certainly will give the joint venture a platform upon which to build."