Tim Plaehn submits: VeraSun Energy (VSE)
has reported 1st quarter earnings and the results could be considered
very good, given the current sentiment for ethanol producers. VSE
increased quarterly revenue by 257%, primarily by increasing the volume
of ethanol sold by 223%. VeraSun sold 191.7 million gallons of ethanol,
including 49.5 million gallons it purchased from other producers to
resell to its customers. VeraSun’s own production increased 138.6%
from the 1st quarter of 2007.
The first thing I notice from this
information is that there seems to be a very strong demand for ethanol!
Who would have guessed that from recent news on ethanol? Complete Story » ...
Anytime
Tim Plaehn submits: VeraSun Energy (VSE)
has reported 1st quarter earnings and the results could be considered
very good, given the current sentiment for ethanol producers. VSE
increased quarterly revenue by 257%, primarily by increasing the volume
of ethanol sold by 223%. VeraSun sold 191.7 million gallons of ethanol,
including 49.5 million gallons it purchased from other producers to
resell to its customers. VeraSun’s own production increased 138.6%
from the 1st quarter of 2007.
The first thing I notice from this
information is that there seems to be a very strong demand for ethanol!
Who would have guessed that from recent news on ethanol? Complete Story » ...