It was a tough end to 2007 and hard start to 2008 for biodiesel makers in the US. There have been at least three petitions for bankruptcy for US Biodiesel producers in the last few days of 2007 and the first few days of 2008.
Most recently U.S. Bioenergy of America filled for Chapter 11 protection last week but before that
Green Country Biodiesel filed to have assets at its Chelsea, Oklahoma facility liquidated just before Christmas.
However, its not all bad news Earth Biodiesel, successfully staved off an attempt by creditors to get it wound up in mid December. Earth Biodiesel distributes BioWillie, among other things.
Comments (1)
You might be interested in this blog Biofuel – the burning issues, which discusses some of the points from a paper Challenges for deploying dedicated, large-scale, bioenergy systems in the USA by John Fike, David Parrish, Jeffrey Alwang and John Cundiff appears in CAB Reviews: Perspectives in Agriculture, Veterinary Science, Nutrition and Natural Resources 2, No. 064.
Posted by David Hemming
|
January 11, 2008 10:51 AM
Posted on January 11, 2008 10:51