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Indiana's oldest ethanol plant shuts down, idling 40

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Indiana's oldest ethanol plant has shut down indefinitely.

New Energy Corp. President Russ Abarr told the South Bend Tribune the plant shut down last week, idling 40 employees.

Abarr says an undetermined number of workers will stay on the job as the plant that opened in 1984 prepares to remain idle for at least several months.

Abarr says he believes the plant will reopen sometime in the future because of its proximity to corn supplies, the ethanol market, transportation infrastructure and the South Bend labor supply. He says the plant is for sale.

Abarr cites high corn prices, large ethanol inventories, lower gas prices and lower fuel demand as factors leading to the shutdown.

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  • They all need to close
    Unfortunately, ethanol and biodiesel use more energy to produce than they produce. Without government subsidies they are not viable. We need to turn the country's attention to the abundant natural gas supplies in this country for electric production and transportation. http://www.scienceagogo.com/news/20050605231841data_trunc_sys.shtml
  • Energy Independence
    That's sad news. Ethanol is a viable energy alternative, which Henry Ford built the first cars to run on. Had we kept his vision we wouldn't be beholden to the oil kings of today. Distilling energy from crops makes a lot of sense for home grown fuel, however, I think the future of ethanol will better be served by a plant alternative to corn. I hope they get up and running soon.

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