24 January 2011 17:09 [Source: ICIS news]
HOUSTON (ICIS)--Endicott Biofuels (EBF) plans to construct a 30m gal/year (114m litres/year) biodiesel refinery in ?xml:namespace>
Construction should begin in late January, the company said. EBF signed the agreement with terminal storage and project management firm KMTEX.
KMTEX will provide certain construction and operational services, EBF said.
The biodiesel refinery will use EBF’s technology to produce its G2 Clear biodiesel, it said.
The G2 Clear brand is made from waste fats, oils and greases, EBF said, allowing the process use inedible feedstocks.
EBF said the biorefinery would help the
Financial terms were not disclosed.
In late 2010, the US reinstated the $1/gal blenders’ federal tax credit for biodiesel producers, which industry sources had said would spur increased production.
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