NEWS
Tue Nov 13, 2012 04:54 PM CST

(Dow Jones) -- With a market abundance of ethanol that has kept the fuel additive's price low and led Congress to stop encouraging production with a tax credit, Indiana-based ethanol producer New Energy Corp. has filed for bankruptcy protection to sell its 70-acre plant outside South Bend.

New Energy executives placed its operations in bankruptcy last week as part of the sale demanded by its top lender, the U.S. Department of Energy, which is owed $33.3 million on a loan that it first extended in 1997. New Energy President Russell Abarr said that the Chapter 11 case, which was filed ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Ethanol Blog
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
Ethanol Blog
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
Ethanol Blog
Ethanol Blog
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments