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Nov. 2, 2012 BrownfieldAgNews reports: Valero Energy has shut down ethanol plants in Linden, Indiana and Albion, Nebraska and plans to keep them idle until production of the biofuel becomes profitable again. And the company says three of its other plants are operating at reduced capacity. Valero owns ten ethanol facilities, most of them in the Midwest. On Tuesday, Valero reported a third-quarter loss of 73 million dollars on its ethanol business. Tweet |
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