|By PR Newswire||
|August 21, 2014 06:50 AM EDT||
BLOOMINGTON, Minn., Aug. 21, 2014 /PRNewswire-iReach/ -- Mick Miller, General Manager and President of the operations management company NUVUFuels, LLC just announced extending DENCO II's ethanol marketing agreement with Noble Mansfield Commodity Services (NMCS) for a three-year term.
According to Mick, "we felt comfortable making this commitment because of the consistent high level of success we have seen from Noble Mansfield in selling our product into the ethanol markets that are important to our facility. Through a joint effort between NUVUFuels and Noble Mansfield we have been able to build out the local E85 market surrounding our Morris, MN facility with 200% year-over-year growth and are now working on assisting local gasoline marketers with the growth of E15."
William K. Covey, CEO of Noble Mansfield, agrees: "We are also very excited for the opportunity to continue our support of DENCO by serving their needs with knowledge, experience and reliability. Mick's appreciation and continued loyalty is direct evidence that our dedication to maximizing netbacks – in combination with personalized client support, competitive logistics, railcar access, transparent accounting integration and actionable market intelligence – is paying off."
NOBLE MANSFIELD COMMODITY SERVICES is a marketing organization jointly owned by Mansfield Oil and Noble Americas Corp. Together these companies do over 13 billion gallons of gallons of business with gasoline blenders and refiners. That level of business gives Noble Mansfield Commodity Services great access to better serve their customer needs plus the status of a welcome supplier among the fuel blenders across the country. For more information, please visit www.noblemansfield.com.
DENCO II is a 25 MGY ethanol production facility located in Morris, Minnesota, with 15 years of history. In 1999, Diversified Energy Company LLC (known as DENCO) purchased Morris Ag Energy Inc., upgrading the plant from 7 MGY to its current capacity of 25 MGY. In January 2006 the plant was then purchased by the Australian company Big Island Grain LLC, who operated the plant until a difficult period for the ethanol industry forced them to idle the plant for 20 months. The plant was finally purchased by local investors and reopened in September 2010, with NUVUFuels management in charge of continuing operations. For more information, please visit www.dencollc.com.
If you'd like to learn more about this agreement, or to schedule a time to learn more about ethanol marketing, please contact: Noble Mansfield Commodity Services, 8011 34th Avenue South, Bloomington MN 55425. Office: (888) 263-8357 Fax: (678) 207-4759.
Media Contact: Kristin Sanderson, Noble Mansfield Commodity Services, 678-450-2119, [email protected]
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SOURCE Noble Mansfield Commodity Services
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