Monday, September 25, 2006

Biodiesel Plant No Longer in Running for Helena-West Helena Site

Biodiesel Plant No Longer in Running for Helena-West Helena Site
KAIT - Jonesboro,AR,USA
HELENA-WEST HELENA, AR - Officials say a Georgia firm that offered to build ethanol and biodiesel plants on a contaminated site in Helena-West Helena has ...

HELENA-WEST HELENA, AR - Officials say a Georgia firm that offered to build ethanol and biodiesel plants on a contaminated site in Helena-West Helena has backed out of the deal.

The Arkansas Department of Environmental Quality will now continue clean-up efforts on the site last operated by Cedar Chemical Corporation. The Cedar Chemical Corporation, which went bankrupt in 2002, once made herbicides, pesticides and chemicals. The Arkansas department has sued three companies that operated at the site, accusing them of contaminating the land and posing a threat to the alluvial aquifer underground. Earlier this year, M-L-H Investments of Atlanta offered the state agency one (M) million dollars for the 48-acre site to build alternative-fuel factories. But now, M-L-H President Ozell Hamilton says the project is just too expensive.

Hamilton says the cleanup costs varied greatly -- with estimates from 43 (M) million dollars to more than 600 (M) million dollars. Hamilton, a native of Helena, said he had hoped to bring jobs back to his hometown.

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