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Producer News / SEC halts trading in Alternative Energy Technology Center shares until April 15, citing inquiry into Meridian Biorefining statements
SEC halts trading in Alternative Energy Technology Center shares until April 15, citing inquiry into Meridian Biorefining statements
The Securities and Exchange Commission suspended trading in the stock of Alternative Energy Technology Center to complete an investigation of statements made in press releases and email regarding the company’s ownership of cellulosic ethanol technology attributed to Meridian Biorefining. The company’s shares are scheduled to resume trading on April 15.
The Colorado Center for Biorefining and Biofuels awards $500,000 in research grantsThe Colorado Center for Biorefining and Biofuels awarded grants of $50,000 to 10 renewable-energy projects, including five to research teams from CU-Boulder, two each to teams from CSU and and the Col...
Today in Biofuels: UN Sec-Gen calls for biofuels review, bowing to food pressure; D1 Oils to exit UK; new low-cost enzymes discoveredTop Story:The UN secretary-general, Ban Ki-moon, has called for a review of land-use conversion by biofuel producers, in response to the global increase in food prices. Ban, who placed climate change ...
Liquid Maize halts ethanol plant construction, cites financingIn Colorado, LiquidMaize has halted construction on its ethanol plant at Lamar, citing financing difficulties. The company said that project managers ICM would remove equipment to prevent deterioratio...
Australia’s Agri Energy halts trading in its shares, cites financing issuesIn Australia, Agri Energy halted trading in its shares after collapse of its efforts to finance US expansions. The company, which abandoned plans for ethanol plants at Swan Hill and Murtoa, in Victori...
Alternative Energy Sources to shut down operationsIn Missouri, Alternative Energy Sources will shut down this week after failing to find financing for its proposed 110 Mgy corn ethanol plant in Boone County, Iowa. The company had attempted to expand ...
Green Energy Resources orders share buyback after shares fall 50 percent in ‘08 despite profits, dividendIn New York, Green Energy Resources ordered a share buyback after share prices have tumbled by more than half in 2008 despite four years of consecutive profits, issue of dividends in the last two year...
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