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Valero Declares Force Majuere on Shipments & Shutters Two Ethanol Plants

By Criterion Research
March 26, 2020 -

Valero has opted to shut down operations at two ethanol plants and is declaring a force majuere on shipments of grains and corn due to the current market. They closed a plant in Albion, Nebraska and Albert City, Iowa. 


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Categories
Oil and Gas
Downstream

Commodities
Ethanol
Refined Products

Tags
Economic Slowdown
Ethanol
Force Majeure
Production

Regions
Midwest

Countries
United States

States
Iowa
Nebraska

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