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Home » Aviation Fuel, BioRefineries, Business News/Analysis

Abundant Biofuels Corporation Offers Low-Cost, Long-Term Contracts to Supply Jatropha Oil to U.S. Refiners With Under-Capacity Production Problems

Submitted by on June 30, 2009 – 12:16 pmNo Comment

Dr. Charles Fishel, Chairman of Abundant Biofuels Corporation, noted that “There are about 100 biodiesel refineries operating below capacity and another 47 idle refineries in the United States, alone.” To help solve this problem, Abundant Biofuels provides standardized long-term contracts (5- or 10-years) in multiples of 50,000 barrels (2,100.000 gallons) of jatropha oil. Financing is available.  Several U.S. biodiesel refiners soon will be announcing that they have secured 10-year Jatropha oil contracts with Abundant Biofuels. The terms of the contract assure continuing competitive viability of biodiesel refiners without resorting to refining of foodstuffs such as soy, and palm oil. Access to reliable quantities of Jatropha feedstock will ensure 100% pure, unblended biodiesel fuel made from certified sustainable resources.    READ MORE

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