Biodiesel and Ethanol Investing

What’s On Xiamen reports that biodiesel producer China Clean Energy generated revenues of $4 million for Q3 2009, down 2.7% from the same period last year. The decline was attributed to falling prices and sales for domestic specialty chemical sales. The firm also recorded a net loss of $731,672 in the latest quarter compared with a net profit of $401,699 in Q3 2008. Biodiesel sales came in at 765 tons in Q3, down from 1,493 tons during Q2 2009.