Valero Energy (VLO +2.2%) says it resumed production this month at its 110M gal./year Albion,...

|About: Valero Energy Corporation (VLO)|By:, SA News Editor

Valero Energy (VLO +2.2%) says it resumed production this month at its 110M gal./year Albion, Neb., ethanol plant that had been idled since June due to poor profit margins, as corn basis prices in the area improve. VLO has 10 ethanol plants, eight of which are currently operating; facilities in Linden, Ind. and Bloomingburg, Ohio remain idled because of poor margins.