ETHANOL FROM MAIZE OFF THE BOIL
With the price of crude oil having fallen to below US$60/barrel, it looks as if the great enthusiasm among investors for vegetable ethanol, especially in the US, is cooling. Perhaps diluting is a better word. Last week, one blue-eyed newcomer, Hawkeye Holdings, decided – due to a lack of interest – to postpone its listing in which new money would be sought for the manufacture of ethanol from maize.
