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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 31.85-1.2%2:16 PM EST

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To: richardred who wrote (2506)6/18/2007 9:19:35 AM
From: richardred  Read Replies (2) of 2801
 
Ethanol Producers Expect Consolidation
By Jessica Resnick-Ault
Word Count: 682 | Companies Featured in This Article: Aventine Renewable Energy Holdings, VeraSun Energy, Archer-Daniels-Midland

Ethanol plants, which have sprouted up across the U.S. over the past two years, are ripe for the picking, as leaders begin to emerge in the renewable-fuels sector.

Some ethanol producers have begun to position themselves for a wave of consolidation that is expected to be driven by a drop in profitability. With ethanol-production capacity in the U.S. forecast to double by 2009, analysts are warning of a coming supply glut.
online.wsj.com
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