VSE - Sector: Basic Materials --- Industry: Specialty Chemicals

[setravis]

OverSold.......
This thing should  shape UP...their numbers are freaking great...

Total revenues, which include revenues from the sale of ethanol, distillers grains and VE85(R), increased by $372 million, or 257.4% to $516.5 million for the three months ended March 31, 2008, compared to $144.5 million for the three months ended March 31, 2007. The increase in total revenues was primarily the result of a 223.5% increase in ethanol volume sold and an increase in average ethanol prices of $0.20 per gallon, or 10.2%, compared to 2007. For the three months ended March 31, 2008, the company sold 191.7 million gallons of ethanol, which includes 49.5 million gallons of ethanol that were purchased from others and resold to our customers. Ethanol production increased by 82.4 million gallons, or 138.6%, compared with the three months ended March 31, 2007, as a result of the added capacity from the Charles City, Iowa facility in April 2007, the Linden, Indiana facility in August 2007, and the Albion, Nebraska facility in October 2007.

[setravis]

San Paulo...

Some policymakers in less oil-flush nations look to Brazil's use of ethanol as a potential solution. Ethanol from sugarcane is widely available in the world's No. 1 sugar producer and its 190 million people. Eight out of every 10 new cars sold are flex-fuel models that run on pure ethanol, gas or any combination of the two. The price for ethanol in Sao Paulo is currently running about half the price of gas, which runs $5.67 per gallon.

[setravis]

Profile: 


Verasun Energy, Corp.
100 22nd Avenue
Brookings, SD 57006
United States - Map
Phone: 605-696-7200
Fax: 605-696-7250
Web Site: http://www.verasun.com

DETAILS   
Index Membership: N/A
Sector: Basic Materials
Industry: Specialty Chemicals
Full Time Employees: 496


BUSINESS SUMMARY   
VeraSun Energy Corporation engages in the production and sale of ethanol and its co-products in the United States. Ethanol is primarily used as a blend component in the gasoline fuel market. The company's ethanol co-products include wet and dry distiller grains with solubles, which are used as animal feed; and corn oil that is used as an animal feed, as well as to produce biodiesel. It also markets VE85, an ethanol blended fuel through arrangements with gas distributors and retailers. The company was founded in 2001 and is based in Brookings, South Dakota.