Northeast Biofuels chief executive Brian Roach says his company cannot afford the repairs needed to bring the plant up to industry standards. The court has set a deadline of 21 April for initial bids on company assets.
Northeast Biofuels sells flawed plant
A US bankruptcy court has given approval for Northeast Biofuels to sell its idle ethanol plant and other holdings in New York through an auction.
26 March 2009 23:00 GMT
Updated
25 November 2012 9:02 GMT
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