Valero Energy’s move to buy the ethanol plants from VeraSun Energy for $477 million gives the biofuel industry a lift at a time when it is suffering from excess production capacity.
By CLIFFORD KRAUSS, NY Times: Business
Wed, 03/18/2009 - 11:32am
Valero Energy’s move to buy the ethanol plants from VeraSun Energy for $477 million gives the biofuel industry a lift at a time when it is suffering from excess production capacity.