Posts Tagged ‘biofuels’

Tacker to be sentenced Monday for biodiesel scam

by Associated Press Published: July 16,2010

Tags: biodiesel, biofuels, courts, energy, fraud

ABERDEEN — William T. “Tommy” Tacker is scheduled to be sentenced Monday for defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi. Tacker was convicted in February in federal court in Aberdeen. He faces up to 50 years in prison. The government says Tacker and […] [...]

Enerkem plans to build smaller plant

by Associated Press Published: April 20,2010

Tags: biofuels, clean energy, construction, energy, REFINERY

PONTOTOC — A Canadian company has scaled back its initial plans to build a biofuels plant in Pontotoc County. Enerkem Corp. said last year it would invest $250 million in a new ethanol-producing plant that would create 150 jobs. It also would generate another 300 construction jobs during construction and startup phases. However, Marie-Helene Labrie, […] [...]

State biodiesel industry in danger (UPDATE)

by Amy McCullough Published: January 4,2010

Tags: biofuels, Congress, economy, recession

  Without federal subsidy, most Mississippi plants will have to shut their doors in 2010 Congress failed to renew the $1-per-gallon biodiesel tax credit on Dec. 31, 2009, and biodiesel plants across the country are shutting down. The tax credit has been in effect since 2005. Senate leaders plan to pursue an extension of the […] [...]

Enerkem gets financing from ATEL

by Wally Northway Published: July 15,2009

Tags: biofuels, financing, manufacturing

PONTOTOC — ATEL Ventures, a San Francisco-based provider of secured financing to growth companies, has extended an asset-backed financing facility to waste-to-fuels company, Enerkem. Enerkem of Sherbrooke, Quebec, Canada, develops and produces of advanced biofuels and green chemicals from waste materials. It is currently operating its first commercial-scale plant in Westbury, Canada, and has announced […] [...]

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