SOURCE: Industrial Info Resources

August 10, 2007 07:01 ET

Rising Costs to Build Ethanol Plants Have Developers Rethinking Construction Strategy, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 10, 2007) - Researched by Industrial Information Resources (Sugar Land, Texas) -- So you want to build an ethanol plant? Get ready to dig deep into your pockets and find a bank that's willing to lend money to an industry with rising feedstock prices and skyrocketing labor and construction costs. Just five years ago you could build an ethanol plant for around $1.30 to $1.40 per gallon of capacity -- that price has almost doubled today.

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