In Florida, used cooking oil biodiesel producer FL Biofuels has shut down due to rising feedstock costs and doesn’t have immediate plans to reopen. It was costing upwards of $3 per gallon to produce the biodiesel, without taking into account payroll and other overheads. Potential investors are looking at the facility and are in discussions for a buyout.
More background on the story from the Digest
Category: Producer News