Nova Biosource Fuels reports third-quarter loss

October 14, 2008

Houston-based biodiesel producer Nova Biosource Fuels Inc. reported a $4.6 million third-quarter net loss Sept. 15. The total loss reported for the first three quarters of the year was $16.3 million. The company generated $25.5 million and $34.3 million in revenue during the same respective periods last year through its biodiesel production plants in Clinton County, Iowa, and Seneca, Ill. Nova's facility in Greenville, Miss., began shipping B100 in September.

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