The board of directors planning to build a biodiesel plant in
Evansville has voted to end the project, according to a letter from chairman
North Prairie Productions halted construction in November on the
biodiesel project on the city’s east side because of “rapidly rising commodity
prices and the decision by a key lender to withdraw from its loan commitment,”
Commodity price increases continue “to outstrip the ability to
produce and market biodiesel fuel at a profit,” he wrote.
Make sure you check out the comments. Evansvillehousewife takes a fellow to the woodshed. Metaphorically, of course.