Valero Enery Corp. announced last week it has temporarily stopped production at its Albion ethanol plant due to low profit margins at the facility.
Production was stopped last Tuesday, June 19.
The local plant, which can produce 110 million gallons of ethanol annually, was expected to restart operations before the fall corn harvest when corn prices start to ease and supplies become more plentiful, according to Bill Day, Valero’s executive director of media relations.
The Albion plant was the only one idled last week among 11 Valero plants operating in Nebraska, Iowa, South Dakota, Ohio, Wisconsin and Indiana. None of Valero’s 10 other plants was likely to be idled, Day said.
Details in the July 27 Albion News Print & Electronic Editions.