The company has acquired the necessary land use andenvironmental approvals. Under the proposed plan, Cascade wouldsublease 50 acres from PGE, and use wheat and corn to produce 84million gallons of ethanol annually for use as a gasoline additive.Cascade's plant also would separate wheat into bran, gluten, andwheat germ, which would be sold to food processors. The remainingwheat starch would be used to make ethanol.
Cascade, currently in the financing stage, has applied for a $20million loan from the Oregon Office of Energy's small scale energyprogram that is contingent on other financing. Production may beginas early as April 2002. Ethanol is the only known alternative tomethyl tertiary butyl ether, a gasoline additive better known asMTBE, that is a suspected carcinogen and water contaminator.
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