An ethanol plant in Lima, Ohio has been granted a new lease on life with the approved sale of the bankrupt facility to a new owner. According to a story from the Lima News, the U.S. Bankruptcy Court for the Northern District of Ohio gave final approval this week for the sale of Greater Ohio (GO) Ethanol to Paladin Capital …

Despite the tough economic climate for all industries, including ethanol, there are still some plants moving toward production. BioFuel Energy Corp. of Denver has reached a debt repayment plan with Cargill and two other debt holders to help the company get two plants on-line in Nebraska and Minnesota. According to a release from BioFuel Energy, “Despite the significant hedging losses …