Red River Energy & Noble Mansfield Sign Marketing Agreement
Gainesville, GA – September 12, 2014 – Rick Serie, General Manager for Red River Energy, LLC just announced signing an ethanol marketing agreement with Noble Mansfield Commodity Services (NMCS) after an extended evaluation of various ethanol marketing groups. Energy Management Solutions, a subsidiary of ICM Inc., will manage the day-to-day operations and activities of the 25 mgy plant located in Rosholt, South Dakota.
According to Rick, “after a long and exhaustive search, we’ve concluded that Noble Mansfield Commodity Services is the right ethanol marketing company to help us sell our ethanol as we restart our ICM-retrofitted facility. We felt comfortable with this decision given their past success in consistently selling our products across our key markets. Their marketing and logistics expertise will be particularly important as we proceed with our plans, which include investments into a grain storage bin and ICM’s corn oil extraction technology.”
William K. Covey, CEO of Noble Mansfield Commodity Services, agrees: “We are very excited for the opportunity to once again support Red River Energy by serving their marketing needs with knowledge, experience and reliability. We also welcome Rick’s trust in our ability to consistently maximize their netbacks, along with his appreciation for our personalized client support, competitive logistics, railcar access, transparent accounting integration and actionable market intelligence.”
About Red River Energy, LLC:
Red River Energy, LLC is a 25 MGY ethanol production facility located in Rosholt, South Dakota. The former North Country Ethanol plant, which was last acquired at auction back in 2011, is re-opening in response to strong ethanol margins after remaining idle since early 2013. For more information, please visit www.redrivergroup.com.
About Noble Mansfield Commmodity Services:
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.
