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Indiana ethanol plant resumes operations

Bloomberg News
September 19, 2012
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Valero Energy Corp., the third-largest U.S. ethanol producer, has restarted distilleries in Nebraska and Indiana, as profit margins for the fuel improved.

San Antonio-based Valero halted the operations in Albion, Neb., and Linden, Ind., in June, citing unprofitable returns. The Linden plant, about 50 miles northwest of Indianapolis, has about 60 employees who continued to work on maintenance during the shutdown.

The company is now operating all 10 of its plants, with the capacity to produce 1.2 billion gallons of the fuel annually.

“Ethanol margins improved to the point where it became feasible to operate the plants again,” Bill Day, a company spokesman, said in an e-mail. “We had said when we closed the plants down temporarily in June that we expected them to be back in operation during the harvest.”

The Agriculture Department said that 26 percent of the corn harvest was completed as Sept. 16, up from 15 percent a week earlier.

Poet LLC in Sioux Falls, S.D., is the largest U.S. ethanol producer, followed by Archer Daniels Midland Co. in Decatur, Ill.

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

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  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

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  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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