Ethanol company Aventine Renewable Energy Holdings Inc., will continue to market ethanol for Granite Falls Energy LLC, of Minnesota.
According to a press release, Granite Falls has been member of Aventine’s marketing alliance since 2005. In November 2006, Granite Falls notified Aventine that it would not automatically renew its agreement with Aventine in order to evaluate other alternative ethanol marketers. Upon completion of its due diligence in evaluating other potential ethanol marketers, Granite Falls rescinded its cancellation letter previously sent to Aventine.