In the US bankruptcy forced Mid-America Agri Products to auction its 44 million gallon a year ethanol plant in south-central Nebraska, with a finalised sale on 30 December.
Nebraska Corn Processing bought the plant for more than $30 million (€20.8 million) in a bankruptcy auction.
Mid-America Agri Products filed for Chapter 11 bankruptcy protection last Q3, several months after closing the plant near Cambridge.
The company cited unfavorable economic conditions in the ethanol industry.
source: biofuels-news
Mid-America Agri Products auctions off ethanol plant
Tuesday, January 05, 2010 | Ethanol Industry News | 0 comments »
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