Renewable Fuel acquires two biodiesel projects
Monday, September 29 2008 - 03:32 PM WIB
Las Vegas-based Renewable Fuel Corp (RFC) a leading producer and supplier of biodiesel and biodiesel blended fuels in North America and in key International markets announced last week the acquisition of Bio Refining Industries, Inc. (BRII) which owns two Indonesian biodiesel projects, licenses and plant properties with nameplate capacity of 400,000 Metric Ton?s (MT) per year of biodiesel.
The facilities are in the early stages of development in Dumai, Riau province. When at full production capacity the plants will have the ability to produce 120 million gallons of B100 biodiesel per year.
These plants, when combined with RFC?s current facilities in Kuantan, Malaysia will create one of the largest premier biodiesel and biofuels manufacturer and distributor in the industry, the company said. The combined nameplate capacity of all three plant facilities will be over 600,000 MT per year yielding 180 million gallons of B100 biodiesel per year. (alex)