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CHS Refinery Project Completion Increases Fuel Output By 20 Percent

Posted on: Tuesday, 27 May 2008, 12:00 CDT

LAUREL, Mont., May 27 /PRNewswire-FirstCall/ -- CHS Inc., a leading energy and grain-based foods company, today marked the completion of a $400 million project that increases fuel production at its refinery by more than 20 percent.

Company officials and guests marked the completion of the two-year project at an event held today at the refinery, about 10 miles west of Billings.

"At this time of concern over energy supply, we are proud of this investment -- the biggest in CHS history -- which means more gasoline and diesel fuel to the agricultural producers and consumers who count on us," said Leon Westbrock, CHS executive vice president and chief operating officer, Energy. "As a result, we'll continue to be a reliable supplier of quality fuel products, as we have been for more than seven decades."

The "Bottoms Upgrade Project" included a 15,000 barrel per day coker, a sulfur recovery unit and upgrades to process units throughout the refinery to incorporate the new production units into the existing refinery. While the refinery's overall through-put remains rated at 60,000 barrels-per-day, the addition of the coker will increase by over 400,000 gallons per day the volume of gasoline and diesel it produces. In addition, the refinery will produce about 300,000 tons of coke annually.

The refinery project also adds more than 35 new jobs, bringing to over 300 the facility's total employment.

CHS Inc. (http://www.chsinc.com/) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world. A Fortune 200 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders, from the Great Lakes to the Pacific Northwest and from the Canadian border to Texas. CHS supplies energy, crop nutrients, grain, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex(R) brand refined fuels, lubricants, propane and renewable energy products. CHS is listed on the NASDAQ at CHSCP.

This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2007, which can be found on the Securities and Exchange Commission web site (http://www.sec.gov/) or on the CHS web site http://www.chsinc.com/.

CHS Inc.

CONTACT: Lani Jordan of CHS Inc., +1-651-355-4946,lani.jordan@chsinc.com

Web site: http://www.chsinc.com/

Source: PRNewswire-FirstCall

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