ST. PAUL, Minn., Aug. 26, 2014 /PRNewswire/ -- CHS (NASDAQ:
CHSCP), a leading energy, grains and foods company and the nation's
leading farmer-owned cooperative, has announced a new program to
better enable some of the 1,400 Cenex® branded locations
to meet consumer demand for an E15 ethanol blend. "We are excited
to offer a new Cenex® Tank Program, which further
demonstrates CHS leadership in renewable fuels and helps keep the
Cenex brand at the forefront in meeting consumer demand for ethanol
blends," says Doug Dorfman, CHS vice
president – refined fuels.
For Cenex retailers wanting to offer E15 in addition to their
current gasoline products, the Cenex® Tank Program will
cover a significant portion of the cost to purchase and install an
additional storage tank for the purpose of offering E15.
The Cenex network was among the first in the country to offer
mid-level ethanol blends under its brand and has achieved
significant increases in ethanol sales over the last five years,
according to Dorfman.
"We value our partnership with Cenex retailers and will continue
to assist them in their efforts to meet consumer demand for ethanol
blends," says Dorfman. "Supporting ethanol demand also adds value
to CHS member owners and farmers."
As the nation's leading farmer-owned cooperative, CHS is
involved in renewable fuels from the farm to the end-user. A
long-time, global marketer of ethanol and distillers dried grains
with solubles (DDGS), CHS also produces ethanol at a recently
acquired plant in Rochelle,
Ill.
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned
by farmers, ranchers and cooperatives across the United States. Diversified in energy,
grains and foods, CHS is committed to helping its customers,
farmer-owners and other stakeholders grow their businesses through
its domestic and global operations. CHS, a Fortune 100 company,
supplies energy, crop nutrients, grain marketing services, animal
feed, food and food ingredients, along with business solutions
including insurance, financial and risk management services. The
company operates petroleum refineries/pipelines and manufactures,
markets and distributes Cenex® brand refined fuels,
lubricants, propane and renewable energy products.
This document contains forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995
that are based on management's current expectations and
assumptions. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from the potential results discussed in the
forward-looking statements. The company undertakes no obligations
to publicly revise any forward-looking statements to reflect future
events or circumstances. For a discussion of additional factors
that may materially affect management's estimates and predictions,
please view the CHS Inc. annual report filed on Form 10-K for the
year ended Aug. 31, 2013, which can
be found on the Securities and Exchange Commission web site
(www.sec.gov) or on the CHS web site www.chsinc.com.
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SOURCE CHS Inc.