A lack of profitability is leading to consolidation among
ethanol refiners.
Renewable Fuels Association CEO Geoff Cooper says it’s a result of tough times for the industry.
“We have been in quite a rough patch here for a little while.”
Mergers have increased as ethanol margins thinned amid the
trade war with China and RFS exemptions granted to oil companies.
Several Midwestern ethanol plants are publicly for sale, but Cooper tells Brownfield the outlook is improving.
Continue reading Red ink bleeds into ethanol mergers at Brownfield Ag News.
