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June 2011 | |  |
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Biofuels Benchmarking Annual Report released
Source : domesticfuel.com
Christianson & Associates, a CPA and consulting firm for the ethanol, biodiesel and renewable energy industry, today released its 2nd Annual Biofuels Benchmarking Report. The report found several key findings: profitably increased for the industry on average 8 cents; equity to asset ratio increased more than 10%; and working capital improvements enabled plants to decrease long-term debt by an average of 20 cents per gallon. The report also found that despite higher corn prices in 2010, margin volatility has decreased. In an interview with John Christianson, Partner, Christianson & Associates, he said that the past two years have been recovery years for the ethanol industry and plant management has focused on strengthening their balance sheets to prepare for future volatility. Christianson also noted that despite higher commodity prices, margin volatility has improved.
read more ...
22 June 2011 |
Study ::
Bioethanol ::
United States & Canada
The information in this section is subject to a disclaimer.
Articles from June 2011 (211 articles)
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