Missouri biodiesel plant up for auction

By Ron Kotrba | November 13, 2008
Web exclusive posted Nov. 19, 2008 at 9:45 a.m. CST

Great River Soy Processing LLC, a 5 MMgy biodiesel plant in Lilbourn, Mo., will be auctioned Nov. 20, beginning at 11 a.m. Great River Soy was on line for two weeks in October 2007 before it was shut down due to rising soybean oil prices. During those two weeks the refinery produced 94,000 gallons of biodiesel.

Interested parties are encouraged to attend one of the open houses being held on the afternoon of Nov. 19 or the morning of Nov. 20. Auction buyers will need $100,000 Certified Deposit with the balance of the purchase price due at the time of closing within 30 days, and assumable financing may be available to those who qualify.

According to Mass Companies Inc., the company auctioning Great River Soy, the plant is registered for the Missouri Incentive Pay Program.

The auction will be held on the plant site located at 813 County Road 641 in Lilbourn, Mo. For more information, visit www.maascompanies.com.
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