F&S Oil sale postponed

September 16, 2008

The auction of a biodiesel plant owned by F&S Oil Co. in Cheshire, Conn., which was scheduled for mid-August, was postponed until September. Carlton Helming, a receiver appointed by the Hartford Superior Court in Hartford, Conn., said a dispute with the owner of the land where the biodiesel plant is located hindered Helming's ability to sell the plant in a timely manner. The biodiesel plant is estimated to be worth between $4 million and $12 million.

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