Missouri Agricultural and Small Business Development Authority Announces Biofuel Infrastructure Funding

The Missouri Agricultural and Small Business Development Authority (MASBDA) announced Monday 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.”

The Biodiesel Coalition of Missouri and Missouri Soybean Merchandising Council are pleased with the announcement of funding to further advance biodiesel interests in the state that supports the bottom line of Missouri farmers while providing more fuel options for its residents.

“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.”

Eight projects receiving funds to increase the availability of B6 blends and higher have been announced throughout the state.

Funding for biofuel infrastructure is provided through funds made available by the Missouri General Assembly.