State Approves Loan for Biodiesel Plant ,: ; Company Plans to Build $15 Million Facility at Bayer Institute Site
Charleston Daily Mail › January 18, 2008
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Summary
The state Economic Development Authority has given an Illinois company preliminary approval for a $5 million loan to help finance construction of a plant in Institute that will make biodiesel fuel.
Kanawha Biodiesel, a subsidiary of Emerald Biofuels of Golf, Ill., received preliminary approval for a 10-year, low-interest loan. The company announced last March that it intended to build a $15 million biodiesel plant at the Bayer CropScience Manufacturing Industrial Park in Institute.See the full content of this document
Extract
State Approves Loan for Biodiesel Plant ,: ; Company Plans to Build $15 Million Facility at Bayer Institute Site
In other action, the authority gave final approval to three loans:
* $689,000 to Fairman Building Components of Linn to help finance the purchase of a 10-...See the full content of this document
