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Valero Energy idles central Indiana ethanol plant

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Valero Energy Corp. has temporarily stopped production at a central Indiana ethanol plant because of rising corn prices.

The company shut down the Linden plant on Tuesday, a week after it idled another of its ethanol plants in Albion, Neb. Company spokesman Bill Day told the Journal & Courier that it isn't profitable to run the plants with corn prices going up during the drought that's hit much of Indiana and Illinois.

Day said the some 60 employees at the Linden plant will continue working on maintenance jobs and other duties. He also said the company expects to resume production at the plant about 40 miles northwest of Indianapolis sometime before the fall harvest.

San Antonio-based Valero bought the Linden plant in 2010 from VeraSun Energy Corp.

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  • Great Idea!
    I think that is a great idea, but good luck getting it past the huge lobby of rich farmers that run Purdue and suck up billions in subsidies from the government each year. Corn ethanol is the biggest scam ever hatched on the American taxpayer. Why on earth would the US tie its food prices to the production of corn ethanol? Its senseless. Ethanol should only be made from non-food sources. These rich farmers might whine, but so what - almost everything they have was given to them by the taxpayer in the first place. The rich farmers around here work 3 months a year and drive brand new 4x4 trucks and spend all their time complaining about how us city folks don't understand them. I don't feel sorry for them one bit. What other business will the taxpayer ensure your Revenue (crop insurance subsidy) and create phony markets like corn ethanol for your product. If I inherited a few million of farmland from mommy and daddy I could be a rich landed farmer too and attend the Purdue ag fish fry and talk about how evil the dumb city people are and how they need to be educated about modern production agriculture and why its OK to pollute our rivers and streams with runoff and hog manure.
  • Corn not only feed
    That's too bad to hear. I still believe ethanol is a great sustainable energy source and hope we can continue to use it as an alternative. However, from what I've read there are other high yield crops than corn that can be used to produce ethanol. How about switching the source feed?

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