VeraSun Energy Corp.

U.S. Ethanol Producers Facing Liquidity Challenge (at Seeking Alpha)

40 mins ago

by: Research Recap December 01, 2008 | about stocks: From boom to bust, it’s been a quick round-trip for ethanol producers and the credit crisis is only the latest in a series of issues that have raised liquidity concerns,...

Ethanol company shares up on consolidation talk

Shares of several ethanol players climbed Wednesday on talk of pending consolidation in the industry. Privately held Poet LLC, the nation's top ethanol producer, said this week that it was talking with other companies about...

Andersons cuts 2008 profit view on sector weakness

MAUMEE, Ohio - Andersons Inc., an ethanol, railroad and fertilizer company, on Wednesday lowered its 2008 earnings-per-share estimate, citing volatility in the plant-nutrient sector. Its shares plunged $3.75, or 24 percent, to...

1st signs of consolidation in US ethanol industry

The first salvo may have been fired this week in a long-awaited shakeout for the U.S. ethanol industry. VeraSun Energy Corp., the No. 2 ethanol producer, announced it had received an unsolicited takeover bid one month after...

VeraSun Says It Is Paying For Corn Deliveries

VeraSun Energy Corp. on Friday said it has paid for, or will pay for, substantially all corn delivered in the 20 days prior to the ethanol producer's Chapter 11 bankruptcy filing, as well as corn delivered since.

CHS Inc. Reports 2008 Earnings of $803 Million; Fifth Consecutive Record Year (PR Newswire)

Friday November 21, 4:41 pm ET ST. PAUL, Minn., Nov. 21 /PRNewswire-FirstCall/ -- The fiscal 2008 results mark a fifth consecutive year of record income and revenues for CHS, the nation's largest cooperatively owned business....

PhillyDeals: PhillyDeals: Under Obama, microbe could be big for firm

Six months ago, William Frey, Ph.D., was global biofuels director at the DuPont Co. in Wilmington. Today, Frey is chief executive officer at Qteros Inc., Amherst, Mass., whose assets include "this unique microbe we have that...

Prices hurt ethanol plants

Jeff Wilson • Bloomberg News • November 18, 2008 Volatile corn and fuel prices and reduced bank lending will lead to bankruptcies for an additional 25 U.S. ethanol plants by the end of January, said Mark Lakers, president of...

85 companies default on debt in 2008: S&P

NEW YORK (Reuters) - Eighty-five companies worldwide defaulted on their debt in the year through November 11, impacting a total of $284 billion, up sharply from the two previous years, Standard & Poor's said Monday.

U.S. ethanol makers to consolidate in 2009-lobby

WASHINGTON, Nov 17 (Reuters) - Stressful times for U.S. ethanol makers could spur some consolidation of the industry in 2009, the head of an ethanol trade group said on Monday. Profit margins for the fuel additive are...

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