VeraSun Energy is suspending construction of its 110 Mgy corn ethanol plant in Reynolds, IN due to the fall in ethanol prices. The company said it would restart construction in 2008.
Abenogoa in Spain recently stopped production at its largest ethanol refinery owing to worldwide prices, and numerous plants have had slowdowns or stops in their financing efforts.
The Wall Street Journal published a recent article on the difficult financing environment for new ethanol plants continues, with cancellations and delays becoming a norm. A partner at Baker & McKenzie described some plants as “under death watch”
In Indiana, VeraSun Energy has indicated interest in renewing a development option on a site in Tipton County.
The site was previously optioned by ASAlliances, which was acquired by VeraSun in Augu...
In Nebraska, Aventine Renewable Energy announced that it has suspended construction on its 113 Mgy corn ethanol plant in Aurora. The company said that the construction halt was scheduled to last six m...
The National Biodiesel Foundation announced the BioTrucker Fuel Card, which gives the cash price (or a discount of up to $0.02) and a waiver on fuel transaction fees at 149 truck stops around the coun...
In Indiana, the 100 Mgy VeraSun Energy corn ethanol plant ceased production and has stopped accepting corn deliveries. VeraSun has not announced the reason for the shutdown, and whether it is temporar...
In Indiana, the Star-Press reported on the status of Indian's struggling ethanol industry. Five of Indiana's six ethanol refineries opened in 2007 and six more are scheduled to open in 2008, but a...
In Indiana, a group of Starke County residents group are opposing a 27 Mgy wood waste-based ethanol plant proposed for San Pierre. The developers have applied for a zoning variance from the Board of Z...
