Western Biomass Energy restructuring after filing for Chapter 11 in October

February 13, 2013 |

In Wyoming, Blue Sugars says that its Upton-based Western Biomass Energy filed for Chapter 11 on Oct. 31, 2012 and is currently undergoing restructuring. The company listed a total of $31.5 million secured debt and unsecured debt at $3.84 million, but about $30 million of the debt is with Blue Sugars. The company was the first to ship cellulosic ethanol to Brazil, and produced 20,000 gallons in 2011.

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Category: Producer News

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