NTR to merge US ethanol business with Green Plains

RENEWABLE energy and waste management group, NTR is to merge its ethanol business in the US with Green Plains Renewable Energy.

The move will give NTR an indirect quote on the Nasdaq in New York, where GPRE is listed.

The merger will go ahead once NTR has acquired the Virgin Group’s 50% interest in Virgin Biofuels, the joint venture company they both founded to exploit ethanol production in the US market.