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Ooops! This Wasn’t Supposed to Happen

VeraSun Energy Statement
Sioux Falls, S.D., November 21, 2008 - VeraSun Energy Corporation (VSUNQ) (the “Company”) released the following statement.

“VeraSun Energy values the relationships with our corn suppliers and recognizes their vital role to our business. We continue to work with suppliers while we pursue long-term financing.

The Company has paid or will pay for substantially all pre-petition corn delivered after Oct. 11, 2008, and post-petition corn delivered after Oct. 31, 2008. The U.S. Bankruptcy Code precludes payment for goods delivered before Oct. 11, 2008. This has negatively impacted approximately 10 of VeraSun’s corn producers with balances totaling approximately $360,000 for less than 100,000 bushels. VeraSun has paid more than $9 million in November for corn delivered prior to Oct. 31, 2008.

Unfortunately, the Company will need to reject some corn contracts for delivery through Dec. 31, 2008 at our Janesville and Welcome, Minn., facilities due to the delayed startups. Other contracts may need to be rejected or renegotiated as we continue to work through them on an individual basis.

The Company has also temporarily ceased receiving corn and processing at certain facilities while we seek to secure additional financing. VeraSun appreciates the loyalty of our corn suppliers and their willingness to continue to work with us through the reorganization process.”



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