VeraSun to suspend Reynolds ethanol biorefinery construction

Mon Oct 1, 2007 11:07pm BST
 
Email | Print | | Single Page
[-] Text [+]

Oct 1 (Reuters) - Ethanol producer VeraSun Energy Corp VSE.N said it will suspend construction of its 110 million-gallon-per-year ethanol biorefinery in Reynolds, Indiana, due to a fall in ethanol prices.

The company expects to resume construction in 2008, depending upon the return of more favorable market conditions. (Reporting by Shalini Sen in Bangalore)

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos