Provista Enters Into Ethanol Marketing Agreement with Riverland Biofuels, LLC
ST. PAUL, Minn.- Provista Renewable Fuels Marketing, a limited liability company owned by CHS Inc., announced today it has entered into an agreement with Riverland Biofuels, LLC in Canton, Ill., to exclusively market the plant’s 38-million-gallon annual ethanol production.
“Provista is proud to partner with Riverland Biofuels to market its ethanol fuel,” said John Litterio, director of Provista Renewable Fuels Wholesale Marketing. “The strategic location of Riverland Biofuels is an excellent fit with Provista’s existing portfolio of ethanol plant partners. Working with Riverland Biofuels will enhance our ability to serve Provista’s nationwide network of buyers.”
“Combining the ethanol marketing expertise of Provista with CHS grain origination and distillers grain marketing services provides Riverland Biofuels with convenience and synergy while enhancing our bottom line,” said Dr. Brian Abraham, CEO, Riverland Biofuels.
“Riverland Biofuels and other ethanol producers are recognizing the value of Provista’s transparent, collaborative business model that rewards individual plant performance by passing back to the plant the full sales value of each transaction,” added Dave Belseth, business development manager, Provista.
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