Idle Beatrice Biodiesel Plant to be Renovated for Production - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Idle Beatrice Biodiesel Plant to be Renovated for Production

Posted: Updated:
BEATRICE, Neb. (AP) — An idle biodiesel plant in southeast Nebraska will soon be renovated and begin producing the fuel near Beatrice.

Flint Hills Resources is planning to retrofit the plant it bought at auction, so it will produce 50 million gallons of biodiesel and employ 45.

Mayor Dennis Schuster says he's glad the company decided the plant is viable because it will add a new business to the area.

The plant was built in 2007 for roughly $50 million, but construction setbacks and the rising cost of soybean oil forced Beatrice Biodiesel to file for bankruptcy protection in 2008. It sold at auction in 2011 for $5 million.
Untitled Document


Powered by WorldNow
General and news information or questions:
Across the Midlands Information:
Phone: 308-743-2494
News Fax: 308-743-2660
All content © Copyright 2000 - 2014 WorldNow and NTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.