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North American biofuels M&A rebounded in 2018, with 12 transactions closed. The largest included Valero's $319M purchase of three Green Plains ethanol plants and the $345M World Energy and BIOX biodiesel combination.
Consolidation and capacity changes in ethanol and biodiesel affect long-term corn and soyoil demand, but the deals do not immediately change near-term feedstock balances.
oceanpk.comfkimJan 22, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
