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Latest VeraSun Energy Stories

2010-01-11 14:56:00

ST. PAUL, Minn., Jan. 11 /PRNewswire-FirstCall/ -- CHS Inc. (Nasdaq: CHSCP), a leading energy and grain-based foods company, today reported net income from company operations of $120 million for the first quarter of its 2010 fiscal year. For the quarter (Sept. 1 - Nov. 30, 2009), the $120 million in net income attributable to CHS operations compared with $137.3 million for the same period of fiscal 2009. Revenues were $6.2 billion, down from $7.7 billion for the first quarter of fiscal...

2009-11-20 10:33:00

NEW YORK, Nov. 20 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue. Ethanol - Global Market Opportunities http://www.reportlinker.com/p0164405/Ethanol---Global-Market-Opportunities.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=prnewswire The world ethanol market stands enthused by rising consumption patterns in end-use markets. Fuel-ethanol is witnessing unprecedented interest encouraged largely by the ban on MTBE...

2009-09-30 05:00:00

ENGLEWOOD, Colo., Sept. 30 /PRNewswire-USNewswire/ -- Gevo today announced the formation of Gevo Development, LLC to develop a fleet of biorefineries based on retrofitting existing ethanol plants with Gevo's proprietary technology to produce biobutanol. Biobutanol is an advanced biofuel that can be blended directly into gasoline and be used to make renewable hydrocarbons ("green gasoline"), jet and diesel fuel, chemical intermediates and biobased plastics. "Gevo took a very big step...

2009-05-18 14:24:00

MARLBOROUGH, Mass., May 18 /PRNewswire-USNewswire/ -- Qteros, the Massachusetts company whose breakthrough Q Microbe(TM) technology turns biomass into ethanol, announced that Valero Energy Corp. of San Antonio, one of the nation's largest energy companies, has become a significant investor. Valero has established its investment in Qteros through its acquisition of certain assets of Verasun Energy. Qteros, originally known as SunEthanol, has developed a proprietary, game-changing...

2009-04-01 10:01:00

Texas-Based Refiner Purchases Five Facilities and Development Site SIOUX FALLS, S.D., April 1 /PRNewswire/ -- VeraSun Energy Corp. today announced that it closed on the sale of assets to Valero Renewable Fuels that included five ethanol production facilities and a development site. The sale closed at 12:01 a.m. CDT, this morning. The facilities are located in Aurora, S.D.; Fort Dodge, Charles City, and Hartley, Iowa; and Welcome, Minn., and the development site is in Reynolds, Ind. VeraSun...

2009-03-18 16:04:00

Valero to Purchase Seven Facilities and Development Site Secured Lenders Credit Bid for Remaining Assets Transactions Expected to Close in 2 to 6 weeks SIOUX FALLS, S.D., March 18 /PRNewswire-FirstCall/ -- VeraSun Energy Corp. today announced that the U.S. Bankruptcy Court has approved the sale of sustainably all the Company's assets. Yesterday at an auction in Wilmington, Del., VeraSun selected Valero Renewable Fuels as the successful bidder for assets contained in the "VSE Group", in...

2009-03-18 15:08:00

AMES, Iowa, March 18 /PRNewswire/ -- Bruce Rastetter, CEO of Hawkeye Energy Holdings issued the following statement regarding the auction of VeraSun Energy Corporation assets: "I would like to congratulate Valero and welcome them into the ethanol production business. We are very pleased that one of the nation's leading oil refiners has decided to invest in the ethanol industry. As the nation moves toward E-15 blending, ethanol will remain an increasingly key component of America's gasoline...

2009-03-17 20:08:00

Valero Bids $477 Million Plus Working Capital Secured Lenders Submit Credit Bids Totaling $516 Million for Remaining Assets Sale Approval Hearing Scheduled for Tomorrow at Noon in Wilmington, Delaware SIOUX FALLS, S.D., March 17 /PRNewswire-FirstCall/ -- VeraSun Energy Corp. today announced that it has selected Valero Renewable Fuels as the successful bidder for assets contained in the "VSE Group", in addition to ethanol production facilities in Albion, Neb., and Albert City, Iowa,...

2009-03-06 10:39:17

Struggling U.S. ethanol producers are asking the federal government to raise ethanol limits, a step they say will produce jobs and spur energy independence. Growth Energy, representing ethanol firms, will submit a request to change the current 10 percent limit to 15 percent, The Washington Post reported Friday. This about jobs, energy security for America, improving the environment and meeting our legal responsibilities under the 2007 energy bill, said retired U.S. Army Gen. Wesley Clark, a...

2009-02-06 17:20:00

SIOUX FALLS, S.D., Feb. 6 /PRNewswire-FirstCall/ -- VeraSun Energy Corporation today announced that the Company filed a Bid Procedures and Sale Motion in the United States Bankruptcy Court for the District of Delaware seeking authority to sell substantially all of the assets of VeraSun Energy Corporation and 24 of its affiliates through a court-approved sale process.   As part of the sales process, the Company has signed an agreement with Valero Energy Corporation to sell substantially...


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ramage
  • Boughs or branches.
  • Warbling of birds in trees.
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