Financial Crisis Puts Aventine Ethanol Plant On Hold

Ethanol producer Aventine Renewable Energy Holdings announced that it is suspending construction of a biorefinery in Aurora and is extending the construction schedule of a biorefinery in Mount Vernon. Aventine already has a biorefinery in Aurora that is producing ethanol, and the plant that is being put on hold was an additional plant, planned to produce 113 million gallons of ethanol per year. Other ethanol producers are feeling the crunch as well.

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