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Sunday, April 5, 2009 12:00 AM

Biofuels Deathwatch: Pacific Ethanol, Nova Biosource Join the Bandwagon

The ethanol industry just can’t catch a break. We started tracking plant closures more than a year ago, when record-high corn and soy prices and an ethanol glut had squeezed ethanol’s profit margin to a slim 25 cents per gallon, down from $2.30 a gallon in 2006.

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