Sale of biodiesel plant completed
By Tracy Moss
Friday May 16, 2008
Rick Danzl
Blackhawk Biofuels LLC has completed the purchase of this biodiesel plant at Bunge Milling in Danville.
DANVILLE – A new group of investors has completed its purchase of the biodiesel plant next to the Bunge milling plant, and the facility is expected to be producing biodiesel fuel by the fall.
Blackhawk Biofuels LLC, based in Freeport, announced Thursday the completion of the sale from Biofuels Company of America LLC to Blackhawk, a group of about 600 investors in Iowa, Illinois and Wisconsin. Blackhawk will own the plant but lease the land from Bunge North America.
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