SOURCE: Industrial Info Resources

Industrial Info Resources

September 04, 2012 06:15 ET

Chemtex Expects to Start Construction on Second-Generation Biofuels Plant by Year's End, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Sep 4, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Chemtex International Incorporated (Wilmington, North Carolina) has received a $99 million loan guarantee from the U.S. Department of Agriculture, under the 9003 Biorefinery Assistance program, to advance construction of the company's second-generation biofuel production facility, which will be in Clinton, North Carolina. The $160 million plant is expected to be fully operational by the fall of 2014.

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