Valero Energy ventures in corn-based ethanol

08/24/2009 | Houston Chronicle (tiered subscription model)

Texas-based oil refiner Valero Energy unveiled a manufacturing plant in Hartley, Iowa, to mark its entry into the corn-based ethanol market. "We are in the fuels business, and ethanol we see as becoming a bigger and bigger part of fuels every year," said Gene Edwards, the company's executive vice president of corporate development and strategic planning.

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