Cenex Tank Program Helps Retailers Offer E15
Will cover significant portion of cost to buy, install storage tanks
ST. PAUL, Minn. -- CHS Inc. has announced a new program to better enable some of the 1,400 Cenex-branded locations to provide an E15 ethanol-gasoline blend if consumers in their markets demand it.
For Cenex retailers wanting to offer E15 in addition to their current gasoline products, the Cenex Tank Program will cover a significant portion of the cost to purchase and install an additional storage tank for the purpose of offering E15.
The Cenex network was among the first in the country to offer mid-level ethanol blends under its brand and has achieved significant increases in ethanol sales over the last five years, according to Doug Dorfman, CHS vice president of refined fuels for the energy, grain and food company and the nation's leading farmer-owned cooperative.
"We are excited to offer a new Cenex Tank Program, which further demonstrates CHS leadership in renewable fuels and helps keep the Cenex brand at the forefront in meeting consumer demand for ethanol blends," Dorfman said.
"We value our partnership with Cenex retailers and will continue to assist them in their efforts to meet consumer demand for ethanol blends," he added. "Supporting ethanol demand also adds value to CHS member owners and farmers."
As the nation's leading farmer-owned cooperative, CHS is involved in renewable fuels from the farm to the end-user. A longtime global marketer of ethanol and distillers dried grains with solubles (DDGS), CHS also produces ethanol at a recently acquired plant in Rochelle, Ill.
CHS Inc. 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 also operates petroleum refineries and pipelines and manufactures, markets and distributes Cenex-brand refined fuels, lubricants, propane and renewable energy products.