In Other Media Blog

Friday Nov 20, 2009

In Other Media

Mead, Neb.-based E3 Biofuels LLC is scheduled to hit the auction block on Dec. 11, according to Ethanol Producer Magazine, and will be sold on an "as-is" basis. E3 filed for Chapter 11 bankruptcy protection in late 2007 and began seeking investors after the plant struggled to get off the ground because of mechanical problems. According to the company's bankruptcy filing, E3 listed $10 million in assets and $73 million in unfunded liabilities.

(Ethanol Producer Magazine, Nov. 18, 2009)

(http://www.ethanolproducer.com/…)

Posted at 02:25PM CST Nov 20, 2009
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