Abengoa shuts down temporarily

Freedom New Mexico

Abengoa Bioenergy in Portales is shutting down temporarily, according to Chris Standlee, executive vice president of the ethanol production plant.

Standlee said Wednesday that the plant is “laying off some staff” because of the “general economy in the industry.”

“We’re operating plants the best we can under market conditions,” he said.

Some staff will be kept on the site, Standlee said.

The plant normally employs more than 40 people, he said. He would not provide an exact number of how many workers were being laid off.

The Portales plant has the capacity to produce 30 million gallons of ethanol per year, Standlee said.