| |
Newsroom /
Business
/
Business
/
BN National Trail Secures Biodiesel Process Equipment
BN National Trail Secures Biodiesel Process Equipment
Illinois biodiesel producer BN National Trail announced this morning that it has secured a purchase agreement of all biodiesel process equipment from Kreido Biofuels.
Chicago,
IL,
United States of America
(prbd.net)
19/10/2010
Chicago, IL ( prbd ) October 19, 2010 - Illinois biodiesel producer BN National Trail announced this morning that it has secured a purchase agreement of all biodiesel process equipment ( http://bluenorthernenergy.com/distributors.php ) from Kreido Biofuels. The shipment of the equipment is now underway from Houston, TX and is expected to arrive in Newton, IL by October
According to the company, the project is a shovel-ready site. It is located in an enterprise zone in Newton, IL near the second largest transportation corridor in the U.S. It’s designed to maximize the use of innovation in the biofuels industry as well as a better understanding of how to profitably manage a biodiesel production facility.
The scalable 30 MGPY facility’s key differentiator is the multi-feedstock capability of the technology, proven in large-scale production in Europe today. This enables BN National Trail to establish purchasing contracts with local feedstock ( http://en.wikipedia.org/wiki/Raw_material ) providers who will be able to supply crude soybean, corn oil, or other low-saturated oil at an opportunistically low price throughout the lifecycle of the plant.
“Enhancements from the plant in Newton will come from the advanced feedstock technology program in Budapest where a pilot plant is being expanded to include algae as a feedstock. QSB, a BNE licensed technology will be integrated with the new process equipment,” confirmed CTO Robert Brooks. No timeframe has been provided for when the plant would begin production.
“This purchase agreement is a significant step forward for BN National Trail. Not only will it provide revenue, but it will also accelerate plans by approximately 2 years.” said CEO Tony Quinones.
For more information about BN National Trail please visit http://www.bnnationaltrail.com bne0z1
###
About
“This purchase agreement is a significant step forward for BN National Trail. Not only will it provide revenue, but it will also accelerate plans by approximately 2 years.” said CEO Tony Quinones.
|