Nova Bioresource increases production to 50-70% of capacity in Illinois; completes repairs at Iowa plant

In Illinois, Nova Bioresource said that it had completed production of 17 million gallons of biodiesel, and was operating at 50-70 percent of rated capacity at its Seneca plant. The company also said that it had completed repairs to its Clinton, IA biodiesel plant, damaged last year in fire.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Nova Biosource increases production to 40 Mgy at Illinois biodiesel plant

In Illinois, Nova Biosource Fuels announced today that it has commissioned its second 20 million gallon per year facility at the Nova biodiesel refinery in Seneca, and has produced more than 3 million...

Nova Biosource Fuels increases Illinois plant capacity to 60 Mgy

In Illinois, Nova Biosource Fuels said that it will expand capacity of its Senaca plant from 40 MGy to 60 Mgy with the installation of the third and final biodiesel production train. The plant, which ...

Nova reaches 14 Mgy capacity at new Illinois biodiesel plant; on track to reach 60 Mgy

In Illinois, Nova Biosource Fuels said that its new biodiesel plant in Seneca has reached a capacity of 14 Mgy after 25 days of operation, and said that it is on schedule to reach its planned capacity...

Nova Bioresource Fuels files for bankrutpcy as another biofuels company sinks under low prices, high costs

In New York, Nova Biosource Fuels announced that it has filed for bankruptcy, citing the crash in energy prics. The company said that it has $50 million in liabilities and assets. Nova produces biodie...

Fire shuts down Nova biodiesel plant in Iowa

In Iowa, Nova Biosource Fuels shut down its 10 Mgy Clinton biodiesel facility due to fire. No major injuries were reported, although one firefighter was burned by steam. The company also announced tha...

Nova Biosource secures $41 million in financing to complete 60 Mgy Seneca, Illinois biodiesel plant

In Texas, Nova Biosource Fuels announced a $41 million senior secured credit facility with WestLB AG, including a $36 million construction loan and $5 million in working capital. The funds will be ...