Tuesday, April 12 10:00 am
Crawfordsville, IA

Brochure


Description

9 MGY Nearly New Biodiesel Plant on 13.76± Acres

Entirety Purchase up to Three Weeks Prior to Auction!

Complete Liquidation of Real Estate & Equipment

Tract 1: Real Estate, Land, & Buildings

Tract 2: CTI Process Machinery & Equipment

Tract 3: 7 Interior Bulk Oil Storage Tanks

Tract 4: Pallet Racking & Shelving (less contents)

Tract 5: Lab Equipment & Supplies

Tract 6: Entirety Purchase of Tracts 1-5;

Property will sell whichever way brings the highest price!

SOME EQUIPMENT WILL SELL PIECEMEAL!!

Tract Sales will be followed by approximately 50 lots of equipment and machinery to be sold individually, not to be included with entirety.
Forklift, Welders, Pumps, Motors, Computers, Desks & More. See Equipment Catalog • Buyers may bid Onsite or LIVE on the Internet

20,000 Total Sq. Ft. on 13.76± Acres
Feedstock & Biodiesel Storage Building 11,520 Sq. Ft. (30' Ceilings)
Biodiesel Process Area 6,080 Sq. Ft. (20' Ceilings)
Administration Building 2,400 Sq. Ft. (9' Ceilings)

All are Lester Buildings UNI Frame II Steel Buildings

Plant has Radiant In-Floor Heat with Heated Sidewalks

Sprinkler System in all Process and Utility Areas

Plant Summary:
Riksch Biofuels was originally completed in 2006 and produced the first ASTM 6751 quality biodiesel in March, 2007. The plant produced biodiesel for approximately fifteen months before halting production in 2009 due to economic challenges. The plant has a unique ability to produce biodiesel utilizing a process that creates virtually zero waste and drawing on half the water used by similar producers. Based on the feedstock, the plant is capable of producing up to 10 MGY of product. The plant is well equipped to remain a biodiesel facility; or with the extensive indoor tank farm and loading set up, it would transition readily for a coop or fuel or oil distribution/storage facility.



PROCESS AND STORAGE TANKS:

Feedstock Storage – Insulated & Heated 1- 150,000 Gal
Feedstock Storage – Insulated & Heated 2- 30,000 Gal
Biodiesel Storage Tanks – B100 1- 150,000 Gal
Biodiesel Storage Tanks – B100 3- 30,000 Gal
Methanol Storage 1- 30,000 Gal
Reclaimed Methanol Tank 1- 20,000 Gal
Catalyst Storage Tank 1- 13,000 Gal
Glycerin Tank – Heated 1- 30,000 Gal
Glycerin Tank 1- 12,000 Gal
Feedstock Surge Tank 1- 600 Gal
Primary Settling Tank 1- 1,000 Gal
Secondary Settling Tank 1- 1,500 Gal
Transesterification Holding Tanks 3- 550 Gal
Transesterification Recirculation Tanks 3- 550 Gal

SUPPORT EQUIPMENT/SYSTEMS
Chilled water system to support the biodiesel and glycerin stripping systems as well as the methanol vent condenser (100 tons of cooling capacity) • Steam generation system (6,000 lb/hr boiler producing saturated steam at 135 psig) • Cooling water (3,000 GPM circulating rate) • Nitrogen generation system used to provide an inert blanketing of the system • Compressed air system to operate control valves • Plant Electrical System • Well and Septic System

Complete CCTV Fire Alarm & Access Control System Including:
9 High Definition Bosch Color Cameras, Bosch 9 Channel Color Multiplexer
10 Zone Fire Shield Control Panel
Heat/Smoke/Horn Strobes/Pull Stations
Identicard Four Door Access Control System with Card Readers/Doorstrikes
All Stations, Mountings, and Batteries

INSPECTIONS:
Monday, March 21 • noon to 5:00 pm
Tuesday, March 22 • 10:00 am to 5:00 pm
Monday, April 11 • 10:00 am to 5:00 pm
Tuesday, April 12 • 9:00 to 11:00 am
Other times by Appointment.

Broker Participation is welcome, but not required. A 1% Commission will be paid to the licensed broker who registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.

Directions

The plant is located 1½ miles southeast of the City of Crawfordsville in Washington County, Iowa. Crawfordsville is in the southeastern portion of Iowa about 60 miles south of Cedar Rapids and 70 miles southwest of Davenport. The site is located along the south side of County Highway G-62 (320th St.) and bordered on the west by U.S. Highway 218.

Payment Information


REAL ESTATE: 10% Buyer Premium. Persons must show $25,000 Certified Deposit at time of registration to obtain a bidding number. $25,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 10% due within 2 business days, and balance due at closing within 30 days. Deposits are non-refundable.

EQUIPMENT: 10% Buyer Premium. 13% Internet Buyer Premium. All funds due and payable on day of sale via cash, wire transfer (posting within 24 hours) or certified check to Midwest Bank of Western Illinois. No equipment can be removed from the site without full payment. Sales tax may apply. Buyers with exemption status must document this AT OR BEFORE REGISTRATION.

Full Terms


REAL ESTATE: Real Estate selling Subject to Owner Confirmation. James W. Miller of Cray, Goddard, Miller, Taylor & Chelf, LLP is handling the closing. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.

Entirety Bids are due no later than Tuesday, March 22 at 5:00 PM.

EQUIPMENT: Equipment is selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED. Small items must be removed within 7 days or are subject to forfeiture. Larger items require a rigging commitment within 7 days. Items left longer than 45 days are subject to forfeiture. Removal, packaging and transportation costs are the responsibility of buyer. Sales tax may apply. All sales are final. Subject to Prior Sale.

In all transactions, auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.