Murphy Oil Continues Exodus from Biofuels Amid Plunge in Oil Prices, as Green Plains Continues Easy Pickings of Ethanol Plants

SUGAR LAND--November 4, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--A once-noted biofuel plant that would involve both ends of the cow was to be the gem of ethanol production when it was first conceived just before the ethanol boom in 2005. Eco-friendly energy developer Panda Energy International Incorporated (Dallas, Texas) and subsidiary Panda Ethanol LLC (Dallas, Texas) had announced they planned to construct three new, $120 million renewable energy facilities.

Within this article: Details of the Hereford Renewable Energy plant in Texas and other projects on the drawing board.

Additional companies: Green Plains Incorporated (NASDAQ:GPRE), Murphy USA Incorporated (NYSE:MUSA)