ONLINE ONLY AUCTION: $7 Million Dollar / 5 Million Gallon Per Year Biodiesel Facility on 6.74± Acres Belvidere, IL

Details

The facility sits on a 6.74 acre parcel, with an option on 3 acres and another 9 acres adjacent for future expansion and is strategically located very close to the intersection of I-90 and I-39. Rockford is just a few minutes to the west and Chicagos OHare Airport is just 50 miles to the east. While there is currently no direct rail access to the site, there is a vacant UP Rail Spur available for lease just a quarter mile from the plant, and there is the potential to gain an easement for rail spur development in the future. The 5,300,000 Sq. Ft. Chrysler/Jeep plant can be seen from the plant and is just minutes away. 
1201 Crosslink Parkway 
Belvidere, IL 61008

Inspections

Tuesday, June 7 9 am to 2 pm 
Other Times by Appointment

Bid Deadline

Thursday, June 9 Bidding Ends at 4 pm CT

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Location

Details

$7 Million Dollar / 5 Million Gallon Per Year Biodiesel Facility on 6.74 Acres of Land
Additional Land for Expansion is Available!


Selling as an Entirety

Minimum Bid $1.8 Million



BioVantage Fuels, LLC is a regional biodiesel manufacturer located in the Crosslink Business Park that produces high quality, ASTM D6751 grade biodiesel primarily from Used Cooking Oil (UCO). The plant is capable of producing approximately 5 million gallons per year and has both the additional land and utility access available for significant expansion in production capacity. Lifetime Operating Permit, Blenders License, Wastewater Spray Permit Available.



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NEW! Explore with a 3D Tour of the Plant:

 





Incentives:

Crosslink Business Park is located within the Belvidere/Boone County Enterprise Zone. Contact Growth Dimensions Economic Development for more information.
 


Utilities:

BioVantage Fuels currently has excess heating, cooling, air, and electrical capacity.

Major utility equipment includes:

Boilers: 150 HP Columbia gas-fired boiler; 80 HP Cleaver- Brooks gas-fired boiler; spare dual fuel burner (for both diesel and natural gas).

Cooling: 300 ton Baltimore Air Coil Cooling Tower; 30 Ton Marley Cooling Tower; Two 15-ton Aquasnap air cooled chillers; 10-ton Budzar water cooled chiller.

Air Pressure: 50 HP Sullair High Efficiency Rotary Screw Air Compressor; 15 HP Ingersoll Rand High Efficiency Rotary Screw Air Compressor with Dryer; 300 SCFM Capacity Sullair Air Dryer.

Electrical: Two PLC Cabinets with GE Fanuc 90-30 controllers; one Siemens Cabinet control system; three quick panels. Full service 480 V 1500 Amps to building.



Storage:

BioVantage has two separate tank farm areas, designated for flammable and non-flammable materials. The non-flammable tank farm has room to add tank storage. Current storage of note includes:

3- 23,700 gallon Carbon Steel jacketed and insulated Feedstock Tanks

3- 23,700 gallon Carbon Steel jacketed and insulated Biodiesel Tanks

2- 12,800 gallon Carbon Steel jacketed and insulated Glycerin Tanks

1- 12,800 gallon Carbon Steel jacketed and insulated Sodium Methylate Tank

2- 12,800 gallon Carbon Steel Methanol Tanks

1- 12,800 gallon Carbon Steel insulated Biodiesel Settling Tank

The tank farm has loading and unloading areas for bulk tankers that are spill-contained, complete with 3 camlock fittings, and pumps to dispense glycerin and biodiesel. Tankers unloading their product can use their own pumps or use air pressure to offload. All pumps and pipelines that require it have electrical heat trace and insulation, and the flammable areas are protected with a deluge foam system.



Process Equipment:

BioVantage employs a traditional pre-filtration, acid esterification, two stage trans-esterification system complete with water washing, dry media polishing, and chilled filtration for cold weather performance. Equipment of note includes:

Stainless storage and decant tanks:

2 2,000 gallon cone bottom

1 2,400 gallon cone bottom

1 4,200 gallon cone bottom

1 3,200 gallon cone bottom

2 2,000 gallon flat bottom

1 600 gallon rising film evaporator

2 600 gallon dish bottom

3 200 gallon saddle tanks

Glass Lined Vessels:

1 1,000 gallon Pfaudler Reactor with steam jacket

1 3,000 gallon Pfaudler decant tank

Stainless Reactors and process vessels:

2 1,000 gallon trans-esterification reactors

1 1,200 gallon stainless mix tank

1 53 x 30 stainless steel distillation column with structured packing

Carbon Steel and other Process Tanks:

2 4,000 gallon flat bottom holding tanks

1 4,500 gallon saddle tank

2 250 gallon saddle tanks

1 2,500 gallon fiberglass saddle tank

2 1,250 gallon fiberglass saddle tanks

1 2,500 gallon HDPE water tank

Filters:

1 Carbon Steel Vertical Pressure Leaf Filter

3 Harvard Filter Cartridge Filters

5 Stainless Bag Filter Housings for #2 bags

Pumps:

Approximately 10 AODD pumps , 50 electrical motor pumps, and 5 chemical metering pumps from various vendors and for various purposes, ranging from 0.5 HP to 25 HP. Approximately 65% of our electrical pumps are controlled with VFDs; the bulk of our pumps are positive displacement, either Viking gear pumps or Corken Rotor and Vane pumps. The balance are largely centrifugal. All motors are Class 1, Division 2 compliant explosion-proof pumps.

Heat Exchangers:

Six APV SR-2 Plate and Frame heat exchangers, one WCR Narrow profile plate and frame heat exchanger, two Alfa-Laval plate and frame heat exchangers, and a total of five shell and tube heat exchangers of various sizes.



Lab:

BioVantage has a solid lab complete with all the necessary instruments required to verify critical ASTM Specifications and to troubleshoot production on a daily basis. BioVantage leases a Eurofins Quality Trait Analyzer (QTA). In addition, the plant contains a Karl Fischer Titrator, an automatic Titrator for Total Acid Number, a closed-cup flash point tester, multiple centrifuges and balances, a chill water bath and the equipment necessary for cold soak filter testing, as well as all the glassware and equipment necessary for pilot testing of new feedstock and basic wet chemistry.



View Drone Video of the site:

 



 

10% Buyers Premium. Online Bidding ends Thursday June 9th at 4 pm CT. Bidders will need to make an earnest money deposit of $20,000 via cashiers check or wire prior to being allowed to bid. 

Bids are binding and non-revocable. 

Winning bidder will be required to deposit an additional deposit within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Attorney TJ Leak with AGHL is coordinating the closing; funds are payable to AGHL Law.

Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. 

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 the Auction Company. Any announcement made/posted/published during the auction process takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. 

Maas Companies Inc # 444.000289, in conjunction with Marcy Goldring-Edenburn, Goldring Edenburn Auctions, #440.000428.

Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.

Re: ONLINE ONLY AUCTION: $7 Million Dollar / 5 Million Gallon Per Year Biodiesel Facility on 6.74± Acres Belvidere, IL

The facility sits on a 6.74 acre parcel, with an option on 3 acres and another 9 acres adjacent for future expansion and is strategically located very close to the intersection of I-90 and I-39. Rockford is just a few minutes to the west and Chicagos OHare Airport is just 50 miles to the east. While there is currently no direct rail access to the site, there is a vacant UP Rail Spur available for lease just a quarter mile from the plant, and there is the potential to gain an easement for rail spur development in the future. The 5,300,000 Sq. Ft. Chrysler/Jeep plant can be seen from the plant and is just minutes away. 
1201 Crosslink Parkway 
Belvidere, IL 61008

Thursday, June 9 Bidding Ends at 4 pm CT
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.