Valero restarts US ethanol plants on improved margins

19 September 2012 21:01  [Source: ICIS news]

HOUSTON (ICIS)--Valero said on Thursday it has restarted its ethanol plants in Nebraska and Indiana as ethanol margins have improved.

The company said its 120m gal/year Albion plant in Nebraska restarted in the first week of September, while its 120m gal/year Linden plant in Indiana restarted in the second week of September.

“Ethanol margins improved to the point where it became feasible to operate the plants again,” said Valero spokesperson Bill Day.

Valero said when it shut the plants down in June that it expected them to be back in operation during the harvest.

All 10 of Valero ethanol plants are now in operation.

($1 = €0.77)

By: Brian Balboa
+1 713 525 2653

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