Valero's Linden ethanol plant can produce 110 million gallons of ethanol a year. Production was suspended Tuesday due to corn prices, which are being pushed higher drought. / JOURNAL & COURIER
Valero Energy Corp. idled its Linden ethanol plant, a decision drive by high corn prices, officials said today.
The 110-million-gallon plant halted production on Tuesday, a casualty of growing drought conditions that are causing grain prices to skyrocket.
“It’s not profitable to run an ethanol plant because margins are negative,” said Bill Day, executive director of media relations for Valero Energy Corp.
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