Aventine Renewable Energy
 | This article needs additional citations for verification. (March 2008) |
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| Company type | Subsidiary of Pacific Ethanol, Inc. |
|---|---|
| Industry | Biofuels |
| Founded | 1981 |
| Headquarters | United States |
| Products | Corn ethanol Corn gluten Corn germ |
| Website | www |
Aventine Renewable Energy, founded in 2003, was a bioethanol and biodiesel company based in Pekin, Illinois that produced and marketed these biofuels.
Aventine engaged in the production and marketing of corn-based fuel-grade ethanol in the United States. Aventine marketed and distributed ethanol to many of America's leading energy and trading companies. Aventine’s facilities produced several co-products while manufacturing ethanol, such as distillers grain, corn gluten meal and feed, corn oil, corn germ and grain distillers dried yeast. Aventine marketed these co-products primarily to livestock producers and other end users as a substitute for corn and other sources of starch and protein.
Aventine's main office was located in Pekin, Illinois and the comoany had operations in Pekin, Illinois and Aurora, Nebraska.[1]
The company, which was delisted from the New York Stock Exchange after its stock crashed after initially being listed in 2006, filed Chapter 11 bankruptcy on April 8, 2009.[2] It emerged from bankruptcy March 16, 2010.
On July 1, 2015, Pacific Ethanol, Inc. acquired Aventine Renewable Energy Holdings, Inc. through a merger with AVR Merger Sub, Inc., one of Pacific Ethanol's wholly owned subsidiaries.[3]
See also
[edit]References
[edit]- ^ "Form S-4". ir.stockpr.com/pacificethanol. Archived from the original (HTM) on 2016-08-04. Retrieved 2019-05-05.
- ^ "Ethanol producer Aventine Renewable Energy files Chapter 11 bankruptcy - Chicago Tribune, April 8, 2009". Chicago Tribune.
- ^ "Pacific Ethanol". Pacific Ethanol.[permanent dead link]