(Notícia em Inglês)
Biofuel producer Imperial Petroleum has said its newly-acquired biodiesel plant in Middletown, Indiana, is now on the way to becoming “highly profitable”.
The company bought the e-biofuels LLC facility back in May with the intention of converting it to its own technology (see this BrighterEnergy.org story).
Ahead of that process, Imperial said today that it has negotiated a series of feedstock purchase agreements and biodiesel off-take sales contracts.
The facility produced 1.2 million gallons of fuel in July 2010, generating $3.5 million in revenues.
Imperial said this looks to have increased in August to 1.4 million gallons and $4 million revenue.
Jeffrey T. Wilson, President of Imperial, said: “Expanding the plant throughput to its current capacity was one of our early goals for e-biofuels and a great deal of credit goes to the management of e-biofuels for their efforts and achievements thus far. August sales to date are on pace to exceed the July results.”
Biofuel producer Imperial Petroleum has said its newly-acquired biodiesel plant in Middletown, Indiana, is now on the way to becoming “highly profitable”.
The company bought the e-biofuels LLC facility back in May with the intention of converting it to its own technology (see this BrighterEnergy.org story).
Ahead of that process, Imperial said today that it has negotiated a series of feedstock purchase agreements and biodiesel off-take sales contracts.
The facility produced 1.2 million gallons of fuel in July 2010, generating $3.5 million in revenues.
Imperial said this looks to have increased in August to 1.4 million gallons and $4 million revenue.
Jeffrey T. Wilson, President of Imperial, said: “Expanding the plant throughput to its current capacity was one of our early goals for e-biofuels and a great deal of credit goes to the management of e-biofuels for their efforts and achievements thus far. August sales to date are on pace to exceed the July results.”