NexGen Biofuels is a renewable fuels company that plans to develop four ethanol plants and one bio-diesel plant, each of 100 MGPY capacity, in five states. The plants will be built in two phases, with the first phase yielding two ethanol plants and one bio-diesel plant and the second phase yielding two more ethanol plants. The plants will be located in Arkansas, Indiana, Iowa, Ohio and Wisconsin.

     The intended plants will have an initial annual capacity to process 36.4 million bushels of corn each for the ethanol plants and 1000 metric tons per day of vegetable oil/animal feed for the bio-diesel plant. The ethanol plants will also produce 275,000 tons of distiller dried grains (animal feed), 15,000 metric tons of corn oil, and 270,000 tons of raw carbon dioxide, each per year as by-products. The bio-diesel plant will produce over 33,000 tons of glycerin per year as a by-product. The plants will take from 12 to 18 months to build - from design to operation; the first phase is scheduled to commence construction soon.