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Valero Energy (VLO +1.3%) says it soon will have all 10 of its ethanol plants online and...

Valero Energy (VLO +1.3%) says it soon will have all 10 of its ethanol plants online and operating "at or close to capacity," as improving margins ensure the plants can be operated at a profitable level. VLO restarted its Nebraska plant around the start of the year, its Ohio plant restarted at the beginning of March, and it expects to restart its Indiana plant within the next couple of weeks.
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  • benitus
    , contributor
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    Re-starting all its ethanol plants will certainly augur well for VLO's bottomline because demand for its products must have exceeded supply, in order to push them into re-starting these plants. Great job, VLO.
    18 Mar 2013, 12:53 PM Reply Like
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