[RITSlist] Manly Terminal Opened today with major announcement for new traffic for IANR

[No17Eng654 at aol.com]

OPIS 2007-12-13 11:57:04 EST 
***HAWKEYE HOLDINGS,  IOWA TERMINAL FORM PARTNERSHIP 
Iowa ethanol producer Hawkeye  Energy Holdings announced this morning the 
formation of a transportation  partnership with two other local companies 
that 
it hopes will ease  distribution logistics for the fuel. 
Hawkeye, Manly Terminal  LLC and the Iowa Northern Railway are part of the 
newly announced  partnership, although terms of the relationship, including 
financial  commitments, weren't released.         
According to the joint press release, "Hawkeye Energy Holdings  will use 
Manly Terminal to store ethanol and provide additional  transportation 
options 
from Hawkeye production plants at Iowa Falls and  Fairbank [both in Iowa] and 
[the plants] under construction at Menlo and  Shell Rock [also in Iowa]." The 
proposed ethanol plants, both with a  100-million gal/yr nameplate capacity, 
are 
expected to begin production in  the second half of 2008. That would bring 
the 
company's total ethanol  capacity to 450 million gal/yr. 
"Hawkeye is excited about its  partnership with Iowa Northern Railway and 
Manly Terminal," said Hawkeye  Energy Holdings Director of Transportation and 
Logistics Byron Stewart.  "Manly Terminal is an outstanding, state of the art 
facility, perfectly  located to add flexibility and value to our overall 
customer service  dependability," he adds. 
"We're very happy to begin this  relationship with Hawkeye Energy Holdings 
and see that together we can make  ethanol distribution and transportation so 
much easier and cost effective,"  said Manly Terminal President Lee Kiewiet. 
However, specific  details on the partnership, including how much ethanol 
Hawkeye plans to  store at the terminal, weren't included in the press 
release 
and attempts to  reach Hawkeye weren't returned by presstime. 
Later this month,  Manly Terminal is set to open its ethanol trading and 
distribution center in  Manly, Iowa. The terminal will offer more than 5 
million 
gallons of liquid  storage capacity on a 100-acre truck-to-rail storage 
reload 
facility.  Ethanol will be trucked and railed to the terminal "for 
consolidation 
into  more efficient unit trains for distribution throughout North America. 
With  
dedicated, scheduled unit trains consolidated at Manly Terminal, producers  
will 
realize more profitability and greater use of rail car assets," the  company 
said. 
Manly Terminal has contracted with Iowa  Northern Railway, a 165-mile short 
line railroad which has multiple  connection rail interchanges with Union 
Pacific, Canadian National, Iowa  Interstate Railroads and the Dakota, 
Minnesota 
& Eastern Railroad. 



DRS



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