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Noble disposes Indiana ethanol production plant for US$17 mil

M&A

Noble disposes Indiana ethanol production plant for US$17 mil

PC Lee Published on Mon, Nov 27, 2017 / 9:13 AM GMT+8

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SINGAPORE (Dec 27): Noble Group is disposing its entire stake in Noble Americas South Bend Ethanol (NASBE) as part of the sale of its global oil liquids to reduce its debt levels.

See: Noble to sell global oil liquids business for $1.9 bil; expects 3Q net loss of US$1.1-1.25 bil

See: Noble's next battle will be over $4.1 billion in debt