Aventine delays opening of Nebraska ethanol plant
Aventine Renewable Energy Holdings will delay the opening of its new ethanol plant in Aurora, Nebraska by roughly three months because of cost concerns.
The Illinois-based company had planned to open the 113-million-gallon plant next March but is now aiming for June.
Aurora Mayor Marlin Seeman says company officials have prioritised another ethanol project in Indiana ahead of the Nebraska project. The ongoing credit crunch has made it difficult for the company to afford both projects at the same time.
Aventine's Daniel Trunfio says the company is still committed to completing its Nebraska and Indiana projects. But he says the construction delay will help Aventine stretch its resources.
The Illinois-based company had planned to open the 113-million-gallon plant next March but is now aiming for June.
Aurora Mayor Marlin Seeman says company officials have prioritised another ethanol project in Indiana ahead of the Nebraska project. The ongoing credit crunch has made it difficult for the company to afford both projects at the same time.
Aventine's Daniel Trunfio says the company is still committed to completing its Nebraska and Indiana projects. But he says the construction delay will help Aventine stretch its resources.
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