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Verasun tries to exit corn purchase contracts

Verasun which has filed for bankruptcy protection has asked the courts to terminate a number of its corn contracts, says ICIS news. (Disclosure: I work for ICIS. About ICIS) While the move would help Verasun get back on its feet, if the court agrees, it's going to be painful for farmers.

Posted to ICIS Blogs (Weblog) by Anonymous on 11-26-2008
Abengoa gets 2% discount on new Plant

Abengoa bioenergy has persuaded the State of Illinois to put $4m towards the cost of a $200m biofuel plant to be built at Madison, Illinois, according to the St Louis Business Journa l. That will be in addition to other state and local tax exemptions.

Posted to ICIS Blogs (Weblog) by Anonymous on 09-10-2008
Tyson chief calls for end to US ethanol tariff

Check this report from CNN about Dick Bond president and cheif executive of Tyson Foods , one of the US' bigger processed food outfits, he want an end to tariff protection for ethanol in the US. You see the corn price is rising and its hurting his profits. NSS (No organic fertiliser Sherlock)

Posted to ICIS Blogs (Weblog) by Anonymous on 04-28-2008

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