Although some are worried about the rising prices of corn, the Sharon Ethanol plant will be able to adapt

The rising price of corn, which has resulted in some ethanol
producers shutting down, has some worried about the planned Sharon Ethanol
plant in Wisconsin. But Jeff Knight,
director of Global Renewable, is still positive that this will not cause a
problem as corn-made ethanol still has a future. 

As reported in The Week Extra, Global Renewable’s plans to
build an ethanol plant in Sharon WI is still moving ahead and they are hoping
to obtain the remaining funds needed for construction very soon; their hope is
to start construction for the plant by this summer. Knight expects the demand for renewable fuel
sources to increase and when cellulosic ethanol becomes cost-effective, corn
ethanol plants will be able to convert to this method easily. Thus, Sharon’s ethanol plant will be able to
easily adapt to any new developments in this field when the time comes.

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