Judge allows KiOR Columbis plant to sell off piece with REG and chipmakers first up

In Mississippi, REG Synthetic Fuels is paying $1.5 million for refining equipment from the former KiOR biofuel plant in Columbus while Georgia Renewable Fuels is paying an undisclosed price for wood-processing equipment after a judge approved the sales. GNF is waiting for court permission to locate its wood chipping plant either at the site of the former KiOR facility or next door. A receiver won court permission to sell off the facility piecemeal after attempts to sell the facility whole failed. KiOR owed $79 million when it filed for bankruptcy from the state of Mississippi.

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