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AVR - Aventine Renewable Energy Holdings, Inc. IPO Opens for Trading

29 June 2006
Author: site admin Posted under IPO's

AVR - Aventine Renewable Energy Holdings, Inc. priced today (06/29/06) at $43.00 (above its initial $37-41 range), opened at $41.75 and closed at $38.37, down $4.63 (-10.77%). Aventine Renewable Energy Holdings is a leading US producer and marketer of ethanol, a grain alcohol mainly used as a fuel additive in gasoline to reduce vehicle emissions and enhance engine performance. The company distributes approximately 530 million gallons of ethanol annuallyand its major customers include BP, ConocoPhillips, Chevron Corporation, Royal Dutch Shell, Marathon Oil, and Valero. URL - http://www.aventinerei.com


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