Tuesday, February 03, 2009

Ethanol Production Unprofitable

(Atchison, Kansas) MGP Ingredients Inc. has announced that it will cease making fuel-grade alcohol. The move is permanent.
“The decision represents another huge step in our business transformation process, which is intended to ultimately return MGP Ingredients to profitability,” the announcement said.
It appears that making a profit is more important than saving the planet from global warming.

The company indicated that it will now be making food-grade alcohol, sometimes called hooch.

No comments:

Home

eXTReMe Tracker