CHICAGO – The auction of assets from the half-built Mamtek US Inc. artificial sweetener plant in Moberly, Missouri raised about $1.8 million, according to the trustee who represents holders of $39 million of defaulted revenue bonds issued for the project.

The trustee UMB Bank ordered the liquidation of assets after a marketing process failed to find a buyer interested in taking over and completing the project to establish a sucralose manufacturing plant.

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