Financing, rising costs led Chelsea biodiesel plant to bankruptcy
Rising soybean prices and a lack of financing have led to the bankruptcy of a biodiesel plant in Chelsea in northeastern Oklahoma .
Green Country Biodiesel LLC filed for liquidation in Tulsa bankruptcy court last week. It listed debts of almost $255,000 and assets of about $127,000.
Green Country's largest unsecured creditor was agricultural giant Cargill Inc. , which is owed more than $128,000 for soy oil...
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