Valero to Restart Mount Vernon Ethanol Plant this Summer
NEW YORK (DTN) -- Valero Energy Corp. Chairman and Chief Executive Bill Kleese said Tuesday, April 29, his refining company plans to restart its new ethanol production plant located in Indiana this summer.
"In March, we acquired an idled 110 million gallon per year ethanol plant in Mount Vernon, Indiana, for $34 million," he said. "We plan to restart the facility and expect production will resume in the third quarter of this year."
Valero is one of the biggest ethanol producers in the country. Through its subsidiary, Valero Renewable Fuels Co., ...