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Greenhunter faces AMEX delisting as biodiesel producer struggles to maintain valuation in biodiesel meltdown

In Texas, Greenhunter received notice from the American Stock Exchange that it has not met certain of the minimal conditions for continuing to list on the Exchange. The company, which operates the nation’s largest biodiesel plant, has been hit hard by the biodiesel crisis.
The company’s stocks has fallen from a 52-week high of $23.81 to [...]

Fire shutters largest US biodiesel plant; 105 Mgy GreenHunter plant in Texas suffers “less than 50K in damage”

In Texas, the 105 Mgy GreenHunter BioFuels biodiesel plant in Houston sustained damages in a fire, caused by a mechanical failure in a process heating unit. Damages from the fire were estimated by GreenHunter at less than $50,000 and the plant is expected to be offline for three days. The refinery was closed last year [...]