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Valero restarts Indiana ethanol plant

Aug. 29, 2014 9:10 AM ETValero Energy Corporation (VLO) StockVLOBy: Carl Surran, SA News Editor1 Comment
  • Valero Energy (NYSE:VLO) has restarted production at a corn ethanol plant in Indiana that was shuttered more than two years ago by its previous owner.
  • VLO bought the plant in March from Aventine Renewable Energy Holdings for $34M, boosting the number of its ethanol plants to 11.
  • The plant is expected to boost VLO’s ethanol production to 1.3B gallons/year, putting it behind only Archer Daniels Midland and Poet LLC in ethanol production.

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