VeraSun Energy halts 110 Mgy corn ethanol plant in Minnesota “indefinitely”, stock trading halted

In South Dakota, VeraSun Energy, which filed fro Chapter 11 bankruptcy, had trading in its shares halted following the bakruptcy. The NYSE said that a formal delisting of the stock would commence soon. The company also annoucned the infinite delay in the startup of a 110 Mgy corn ethanol plant in Janesville, Minnesota. Funds are not available at this time to continue construction and startup, the company said.

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