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Markets :: Alternative Fuels :: Biorefineries

Advanced Biofuel Firm Terrabon Files for Bankruptcy Protection

8:38 AM MDT | September 11, 2012 | Rebecca Coons

Terrabon, a Houston-based avanced biofuels company, has ceased operations and filed for bankruptcy protection under Chapter 7. "It is with great disappointment we announce Terrabon has been unable to obtain additional financing and must suspend operations,” said Gary Luce, CEO of Terrabon. “This is a sad day for Terrabon’s employees, partners, suppliers, and vendors who never wavered from their robust support of our company and the technology we deeply believe in. We want to thank them and convey how deeply we appreciate their steadfast...

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