in this issue
EnviroTech :: Biotech
EQM sells biodiesel plant
1:30 PM MST | January 11, 2013 | Rebecca Coons
EQM Technologies & Energy, Inc. says it has completed the sale of its biodiesel production facility based in Cleburne, TX and related assets to Delek Renewables, a wholly owned subsidiary of Delek US Holdings, Inc. for approximately $5.5 million in cash. EQM’s tolling agreement for Delek Renewables was terminated concurrent with the completion of the transaction. EQM has used approximately $2 million of proceeds to pay off all unpaid principal and accrued interest under EQM’s secured subordinated notes that were secured by the assets sold in the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee