Cogent BioFuels awarded marketing contract for Platinum Ethanol

St Louis, Missouri --Cogent BioFuels LLC, a new biofuels marketing company established by industry veteran Marty Lyons, announced that Cogent has been awarded an exclusive ethanol marketing contract by Platinum Ethanol LLC. Under the new contract, Cogent will be the exclusive representative for Platinum selling its entire ethanol production capacity, estimated at approximately 110 MMgy.

“We are pleased and excited about being selected to market for Platinum," Lyons said. "As a new company, it’s gratifying to have our business model endorsed by top tier ethanol producers like Platinum. We are eager to work for the Platinum team and demonstrate that our marketing services offer the best combination of quality and value. Cogent BioFuels was established to meet the new market needs by offering a unique value proposition to plants that will allow them to focus on their core business while optimizing their margin management strategy. Cogent is not your plant’s outside marketer. Rather, we are your exclusive marketing team that brings back every penny to the plant’s bottom line.”

Cogent also announced that Kelly Davis, formerly of Hawkeye Gold LLC, has joined the Cogent team as its new director of technical and regulatory services to offer more value added services to clients. Besides marketing, Cogent will provide its clients with expertise in understanding the complex maze of government regulations, complying with quality and technical standards, and instituting best operational practices related to biofuels production.

The award by Platinum, based in Arthur, Iowa, is an early success for Cogent, coming at a time when the biofuels marketing sector is a critical component to execute and lock margin. Platinum’s General Manager, Nick Bowdish, explained, “Cogent provided a compelling offer of value and trust. As a producer of ethanol with exciting opportunities for growth before us, choosing the right marketing partner is important to our company. We’re glad to have Marty and his team working for and with us.”

SOURCE: COGENT