VeraSun Energy
VeraSun Energy Corporation (VSUNQ), "headquartered in Sioux Falls, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states. VeraSun Energy currently has an annual production capacity potential of approximately 1.64 billion gallons of ethanol and 5 million tons of distillers grains." [1]
"On June 14, 2006, VeraSun became the first "pure play" ethanol producer to take its stock public when it listed on the New York Stock Exchange (NYSE). The public listing was the first of several major announcements for the company over the next 18 months. In July 2007, VeraSun announced the first major acquisition in the industry when the company purchased three 110MMGY production facilities from ASAlliances Biofuels, LLC. The facilities, located in Linden, Indiana; Albion, Nebraska, and Bloomingburg, Ohio, doubled the company's production capacity to more than 650MMGY.
"VeraSun's second major acquisition came less than five months later when it was announced that VeraSun and US BioEnergy would merge, creating a company with 16 biorefineries and a production capacity by the end of 2008 of more than 1.6 billion gallons per year (BGY). The merger positions VeraSun as the largest ethanol producer in the United States with plants located in eight different states." [2]
Contents
Directors
Accessed February 2009: [3]
- Duane Gilliam—Chairman
- James Dauwalter
- Don Endres - Chief Executive Officer
- Jack Huggins
- Steven Kirby
- Paul Schock
