Replies to post #15162 on Alto Ingredients Inc (ALTO)

[kel3]

Valero citing improved margins ReOpens 2 Plants

& They Dont Use Milo Like PEIX,Thier Margins are Not as Good
as PEIX

Im Thinking Last 2012 Objective Will Be Met Soon

Valero Energy Corp., citing improved margins, has restarted two ethanol plants in the Midwest that have been shuttered since June.

“We had expected that when we closed the plants in June, that by the harvest, corn prices would come down somewhat and that would improve margins,” Valero spokesman Bill Day said. “And that's what happened. Margins have improved to the point that it's feasible for the plants to be in operation.”

http://www.mysanantonio.com/business/article/Valero-restarts-two-ethanol-plants-3878602.php