Green Country Biodiesel sells equipment

April 15, 2008

Green Country Biodiesel Inc., a former 2 MMgy biodiesel production facility in Chelsea, Okla., auctioned off its equipment in late February. The company filed for asset liquidation in November, citing rising feedstock prices and a lack of financing. The company broke ground on the original, 600,000-gallon-per-year facility in June 2005 and expanded to its current capacity in April 2006. It was in the middle of upgrading the plant when its financing fell through.

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