Seaboard Energy

NIF allocated $15 million to support Seaboard Energy’s retrofit of an idle ethanol processing facility in Hugoton, Kansas.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $15,000,000

IMPACT

  • 60 FTE jobs
  • 350 construction jobs

Investor

Project Description

In December 2020, NIF allocated $15 million to support Seaboard Energy’s retrofit of an idle ethanol processing facility in Hugoton, Kansas. Seaboard Energy is the North American bioenergy subsidiary of Seaboard Corporation, a NYSE-listed, Fortune 500 company that was originally founded in Boston in 1918 as the Seaboard Flour Company and today employs more than 25,000 people across diverse agriculture, energy and transportation operations on six continents. The project aims to transform the existing, idle ethanol facility into one that produces renewable diesel from local agricultural waste. The new plant is expected to be able to process 680 million pounds of primarily rendered pork fat and beef fat annually and use it to produce more than 2 million barrels of renewable diesel per annum. The project maps to SDG 9 (“Industry, Innovation and Infrastructure”) through Target Indicator 9.4 (“Upgrade All Industries and Infrastructures for Sustainability”) and SDG 12 (“Responsible Consumption and Production”) through Target Indicator 12.5 (“Substantially Reduce Waste Generation”). In addition, the project is expected to create 300-400 construction jobs and 60 full-time positions in facility operations. To ensure a sufficient local talent pool, Seaboard Energy is partnering with Seward County Community College in neighboring Liberal, Kansas in the development of a new Process Technology technical curriculum for students.

MAP

Address: 1043 Road P, Hugoton, KS 67951

Census Tract: 20189965200

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