Aventine Renewable Energy Founded in 2003, was a

bioethanol Ethanol (abbr. EtOH; also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound. It is an Alcohol (chemistry), alcohol with the chemical formula . Its formula can be also written as or (an ethyl ...

and

biodiesel Biodiesel is a form of diesel fuel derived from plants or animals and consisting of long-chain fatty acid esters. It is typically made by chemically reacting lipids such as animal fat (tallow), soybean oil, or some other vegetable oil with ...

company based in

Pekin, Illinois Pekin () is a city in and the county seat of Tazewell County in the U.S. state of Illinois. Located on the Illinois River, Pekin is the largest city of Tazewell County and the second most populous municipality of the Peoria metropolitan area, a ...

that produced and marketed these

biofuels Biofuel is a fuel that is produced over a short time span from biomass, rather than by the very slow natural processes involved in the formation of fossil fuels, such as oil. According to the United States Energy Information Administration (E ...

. 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 the leading energy and trading companies in the United States. Aventine’s facilities produced several co-products while producing ethanol, such as distillers grain, corn gluten meal and feed,

corn oil Corn oil (North American) or maize oil (British) is oil extracted from the germ of corn (maize). Its main use is in cooking, where its high smoke point makes refined corn oil a valuable frying oil. It is also a key ingredient in some margarines. ...

, 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 had operations in Pekin, Illinois and Aurora, Nebraska. The company, which was delisted from the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

after its stock crashed after initially being listed in 2006, filed

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...

on April 8, 2009. It emerged from bankruptcy March 16, 2010. On July 1, 2015, Pacific Ethanol, Inc. acquired Aventine Renewable Energy Holdings, Inc. through merger with AVR Merger Sub, Inc., one of Pacific Ethanol's wholly owned subsidiaries.

References

External links

*{{Official website, http://www.pacificethanol.net Biodiesel producers Alcohol fuel producers Energy companies of the United States Companies formerly listed on the New York Stock Exchange Companies that filed for Chapter 11 bankruptcy in 2009 Pekin, Illinois Companies based in Tazewell County, Illinois

See also

References

External links