Fuels

VeraSun Names Kreter as VP of Ethanol Sales

Petrochemical industry vet will lead marketing efforts

BROOKINGS, S.D. -- VeraSun Energy Corp., the nation's second-largest ethanol producer, has appointed Paul Kreter to the position of vice president of ethanol sales. In this role, he will be responsible for assisting in the development and execution of the company's ethanol sales and distribution strategy.

Kreter brings more than 20 years of experience in the petrochemical industry to his new role at VeraSun. Previously, he worked at Methanex Methanol Co., where he was responsible for sales to some of the largest methanol consumers in the world. Kreter [image-nocss] began his career with ARCO Chemical Co. as a research chemist, moving into sales of chemicals and methyl tertiary butyl ether (MTBE).

We're pleased to have an industry veteran like Paul Kreter join VeraSun, said Bill Honnef senior vice president of sales and marketing. His experience and expertise will complete the VeraSun ethanol sales and marketing team.

Brookings, S.D.-based VeraSun Energy is the second-largest U.S. ethanol producer based on production, it said. The company has two operating production facilities located in Aurora, S.D., and Fort Dodge, Iowa, is constructing a third facility in Charles City, Iowa, and has two additional facilities under development in Welcome, Minn., and northwestern Iowa. Upon completion of the new facilities, VeraSun will have an annual production capacity of approximately 560 million gallons of ethanol per year, it said.

VeraSun's branded E85 is now available at more than 70 retail locations. The company markets VeraSun E85, a blend of 85% ethanol and 15% gasoline for flexible-fuel vehicles (FFVs), directly to fuel retailers under the brand VE85.

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