A once growing group of public companies continues to shrink. We have discontinued coverage on Aventine Renewable Enery Holdings (AVR) due to its April 8, 2009 Chapter 11 filing. It joins Panda Ethanol which was delisted after its Hereford subsidiary filed Chapter 11 on January 23, 2009.
After these filing there only remain five (5) publicly traded, pure-play corn ethanol companies with market cap greater than USD 10 million. Only Great Plains Renewable (GPRE) has a market cap greater than USD 50 million.