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Gavilon Enters into Commercial Agreement with Hankinson Renewable Energy

06.11.10

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Gavilon Will Market the Ethanol Producer's Dried Distillers Grains with Solubles

OMAHA--Gavilon, LLC today announced it has entered into a commercial agreement with Hankinson Renewable Energy, LLC, a subsidiary of Murphy Oil USA, Inc. Under the terms of the agreement, Gavilon will exclusively market the ethanol facility's 360,000 tons of dried distillers grains with solubles (DDGS) produced each year, effective July 1, 2010.

"We are pleased to be establishing a partnership with a leading ethanol producer," said Corey Dencklau, vice president of Ingredients at Gavilon. "Hankinson operates one of the largest ethanol facilities in the United States and is well positioned to meet the growing worldwide demand for DDGS through Gavilon's global distribution network."

About Gavilon, LLC
Gavilon, LLC is a subsidiary of The Gavilon Group, LLC. The Gavilon Group, LLC provides essential services in the physical distribution, trading, merchandising and risk management of raw materials and value-added products moving through the global supply chain of grain, feed ingredients, fertilizers and energy products. For more information, please visit www.gavilon.com.