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Aventine Renewable Energy Holdings, Inc (AVRNQ/AVRNQ.PK) Penny Stock Summary:

Aventine Renewable Energy Holdings, Inc. engages in the production and marketing of fuel-grade ethanol in the United States. The company also produces various co-products, such as corn gluten meal and feed, corn germ, condensed corn distillers solubles, dried distillers grain with solubles, wet distillers grain with solubles, carbon dioxide, and Kosher and Chametz free brewers' yeast. In addition, it markets bio-diesel. The company was founded in 1981 and is headquartered in Pekin, Illinois. On April 7, 2009, Aventine Renewable Energy Holdings, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.

Pink Sheets: Archieved Financial News About Aventine Renewable Energy Holdings, Inc

Owner of Neb ethanol plant emerges from bankruptcy

Quote: (AP) -- The owner of an Aurora ethanol plant has emerged from bankruptcy and now plans to complete a delayed expansion project at the eastern Nebraska site.Aventine Renewable Energy Holdings Inc. of Perkin, Ill., has a new CEO and improved balance sheet after reorganizing. It also was able to continue operating its ethanol plants while it reorganized.The company said Tuesday that new chief executive Thomas Manuel has experience leading companies out of restructuring and experience in the ethanol...
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Aventine Successfully Emerges From Bankruptcy

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Aventine Successfully Emerges From Bankruptcy

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Aventine Publicly Solicits Potential Investor Interest

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Court Enters Final Order Approving Aventine's DIP Financing

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Ron Miller Resigns as Aventine CEO; George Henning Approved as Interim CEO

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Aventine Stockholder Sends Letter to the Board of Directors

Quote: 09-11214).The currently proposed Plan of Reorganization for Aventine provides only for a de minimis recovery for pre-petition stockholders.The following is the text of the letter:December 3, 2009Board of Directors Aventine Renewable Energy Holdings, Inc. 120 North Parkway Drive Pekin, Illinois 61554To Members of the Board:INTRODUCTIONI am an Aventine Renewable Energy Holdings, Inc. ("Aventine" or "the Company") equity holder and I currently own approximately 900,000 shares of common stock, or 2....
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Aventine Stockholder Sends Letter to the Board of Directors

Quote: 09-11214).The currently proposed Plan of Reorganization for Aventine provides only for a de minimis recovery for pre-petition stockholders.The following is the text of the letter:December 3, 2009Board of Directors Aventine Renewable Energy Holdings, Inc. 120 North Parkway Drive Pekin, Illinois 61554To Members of the Board:INTRODUCTIONI am an Aventine Renewable Energy Holdings, Inc. ("Aventine" or "the Company") equity holder and I currently own approximately 900,000 shares of common stock, or 2....
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AVENTINE RENEWABLE ENERGY HOLDINGS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Stat

Quote: Item 1.01Entry into a Material Definitive Agreement. On March 30, 2009, Aventine Renewable Energy Holdings, Inc. (the "Company"), Aventine Renewable Energy - Mt. Vernon, LLC and Aventine Renewable Energy - Aurora West, LLC, executed a letter agreement (the "Letter Agreement") with the administrative agent and lenders under its Credit Agreement dated March 23, 2007 (as amended the "Credit Agreement") to waive certain events of default relating to the Credit Agreemen...
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Court Gives Interim Approval to Aventine's DIP Financing

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Aventine Files Voluntary Petition for Chapter 11 Protection

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Aventine Publicly Solicits Potential Investor Interest

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Court Enters Final Order Approving Aventine's DIP Financing

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Ron Miller Resigns as Aventine CEO; George Henning Approved as Interim CEO

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Low Crop Costs To Boost Ethanol Producers

Quote: Shares of VeraSun Energy(VSUNQ -news-people), Aventine Renewable Energy(AVRNQ -news-people) and BioFuel Energy(BIOF -news-people) all traded higher on Friday, by 5.1%, 8.8% and 1.4%, respectively. Although U.S. corn supplies for 2009/2010 are estimated to be 164 million bushels higher, the USDA said lower carry-in and imports partly offset the stronger output forecast. Beginning corn stocks are 25 million bushels lower on expectations for a higher portion of corn slated for ethanol production ba...
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