Gushan may shed China biodiesel division
December 28, 2011
| Jim Lane
In China, Gushan Environmental Energy may look to dump its biodiesel business if it can’t find a way to operate it on a positive cash flow basis. The bulk of the company’s revenues during July-September came from its recycled copper products business rather than its biodiesel business, which saw a sharp decline during the quarter. The company is currently evaluating the profitability of each of its biodiesel plants.
Category: Fuels