Bankruptcy sale for one of three large U.S. cellulosic ethanol plants

A U.S. bankruptcy judge approved the sale of Abengoa Bioenergy’s 25 million-gallon-a-year cellulosic ethanol plant in Hugoton, Kan., to newly formed Synata Bio for $48.5 million, or 12 cents on the dollar, says Ethanol Producer Magazine. The Hugoton plant, which opened in October 2014, is one of three commercial-scale cellulosic plants in the country. The… » Read More

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