ATLANTA — Global Energy Holdings Group, Inc. said Friday it will sell an ethanol production plant to Fiberight LLC. Terms of the sale were not disclosed.
Atlanta-based Global Energy said the plant had stopped production in May of last year. Prior to that, the facility in Blairstown, Iowa, was producing 5.6 million gallons of corn-based ethanol per year.
Global Energy said in a news release that Lawrenceville, Va.-based Fiberight plans to use the facility to produce cellulosic ethanol using its waste-to-biofuels technology.
Global Energy stock added less than a penny to 11 cents a share in Friday trading.
Source:google
Global Energy sells ethanol plant
Saturday, September 05, 2009 | Ethanol Industry News | 0 comments »
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