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New Energy Idles Indiana Ethanol Plant, South Bend Tribune Says

Nov. 6 (Bloomberg) -- New Energy Corp. shut its ethanol plant in Indiana last week because of high corn prices and inventories amid lower demand, the South Bend Tribune said.

The plant, which will be idled for several months, is for sale, the newspaper cited Russ Abarr, the company’s president, as saying.

To contact the reporter on this story: Nidaa Bakhsh in London at

To contact the editor responsible for this story: Stephen Voss at

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