JEFFERSON CITY, Mo. – The Missouri Agricultural and Small Business Development Authority (MASBDA) announced it has invested nearly $3.4 million in projects that increase the distribution and use of higher blends of ethanol and biodiesel in the State of Missouri. Expenses incurred during the construction, installation, upgrade, or retrofit of fuel dispensers/pumps, storage tanks and other infrastructure located in Missouri qualified for partial funding from MASBDA.
“We are pleased to partner with Missouri Soybean and Missouri Corn to increase the availability of biofuels in Missouri,” said MASBDA Executive Director Jill Wood. “These projects will create demand for two of Missouri’s top commodities, which helps growers, while also offering options for consumers.”
“Biodiesel is a Missouri-made, renewable fuel that supports Missouri soybean farmers and provides more options for suppliers and fleets,” said Missouri Soybean Merchandising Council Chair Mark Lehenbauer, from Palmyra, Mo. “This program is an important step in our efforts to build new demand and access for biodiesel and growth for our economy in the state.”
Projects receiving funds to increase the availability of biodiesel blends B6 or higher include:
- MFA Oil Company, Palmyra
- Dhanya & Tashka, LLC, Arnold
- TA Operating, LLC, Concordia, Oak Grove
- Scotland Co. Missouri County Government, Memphis
- SAIA, Inc., St. Peters
- Wortman-Fortner, LLC, Washington
- Narayan, LLC, Hillsboro
- Kalki, LLC, Hillsboro
“We are excited to work with our partners to incentivize additional biofuel retail locations across the state and provide drivers with increased access to homegrown fuels,” said Missouri Corn Growers Association President Matt Lambert, a corn farmer from Laclede, Mo. “Given the 2024 legislative session’s challenges, successfully securing BIIP funding is a testament to the value Missouri agriculture brings to the state’s economy. We’re excited to see this hard work continue to pay off with increased use of biofuels, stronger markets for Missouri farmers and cost-effective options at the pump.”
Projects receiving funds to increase the availability of higher ethanol blends, including E15 or higher and E85:
- Scrivener Oil Company, Ozark
- InConvenience Inc., Burlington Junction, Fairfax, Tarkio
- Dhanya & Tashka, LLC, Arnold
- Nena Albany, LLC, Albany
- Kalki, LLC, Hillsboro
- Narayan, LLC, Hillsboro
Funding for biofuel infrastructure is provided through funds made available by the Missouri General Assembly.
For more information on financial assistance offered by the Missouri Agricultural and Small Business Development Authority, visit MASBDA.com.
For more information about the Missouri Department of Agriculture and its programs, visit the Department online at Agriculture.Mo.Gov.
