According to Opis, two former VeraSun ethanol plants and one Renew Energy plant were approved by the U.S. Federal Trade Commission (FTC) to be purchased by Valero. This will bring the total production of Valero ethanol to 1.1 billion gallons per year.
“The Hart-Scott-Rodino Act requires under certain circumstances that prospective acquirers of voting securities or assets apply for clearance from regulators,” the FTC explained. “Requests for early termination or clearance are granted when the Federal Trade Commission and the antitrust division of the Department of Justice have determined that they won’t take action during the waiting period.”
“We expect these transactions to close in the early part of this year,” said Valero spokesman Bill Day.
The purchase of the Renew Energy plant is still in question because of a challenge from another group who states they were the highest bidder of the plant at a recent auction. More information on this can be found on a previous post.


Car makers put more stock in hybrid systems than biodiesel.
The keynote speaker for next month’s 
Among the featured speakers at the grand opening on January 29 will be Tennessee Gov. Phil Bredesen, who helped with the
Ben Franklin said, “Believe none of what you hear and half of what you see.” That saying could apply to the latest dispute between some of the media and the National Biodiesel Board and biodiesel production levels for 2009.
The
A water company in Nevada is proposing to build a solar farm that could be one of the biggest in the country.