Grainnet

Mercer Energy Announces Contracts with Lansing Group

Celina, OH -- Mercer Energy, Inc., which plans to build and operate a HydroMillingTM ethanol facility in Mercer County, OH, announced Oct. 24 that it has entered into contracts with Lansing Trade Group, LLC for corn origination and risk management services and with Lansing Ethanol Services, LLC for ethanol merchandising services.

These agreements will put Mercer Energy in a strong position in the ethanol industry with Lansing's strength in managing commodity price risk, providing merchandising and logistics services, and its significant presence in the biofuels marketplace.

“The professional services, expertise, and experience provided by Lansing Trade Group will greatly benefit Mercer Energy’s management of the plant and, in turn, help to achieve our goal of a successful operating business,” stated ME President Ryan Schwieterman.

Bill Krueger, President of both Lansing organizations, said, “Mercer Energy is developing a solid project with a good site, good personnel, and differentiation in its milling process."

"The leaders of this organization are decisive and focused on the completion of this plant. We see our organizations working very well together, for quite some time.”

Lansing has been in the business of trading commodities for 76 years.

Rapid growth of its business over the past decade has come from responding to market place needs.

Notable is the formation of Lansing Ethanol Services to respond to the need for a market maker in the ethanol market.

The services Lansing is providing to Mercer Energy under these agreements are a direct extension of the trading skills which have been with the company since its beginning.

Lansing is actively trading a large number of commodities from coast to coast, with a growing international presence.

For more information, call Ryan J. Schwieterman at 866-701-2676.