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Last update: 09.07.2011
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BioJet & Abundant Biofuels merge
Source : domesticfuel.com
BioJet International, a developer of bio jet fuels, and Abundant Biofuels Corporation, an integrated feedstock development company, have merged. With this merger in place, Abundant is now a wholly owned subsidiary of BioJet but its affiliates will continue to operate under the Abundant name and brand. Abundant is best known for its Philippine Jatropha Project and today has more than 4 million hectares in 10 countries under development with ample nursery feedstock to grow enough jatropha over the next three years to produce nearly 20 million barrels of biofuel. "The Abundant deal is a major step toward BioJet attaining its goal of becoming the world's largest owner and developer of feedstock for renewable jet fuel and green diesel", said BioJet Chairman Mitch Hawkins.
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4 May 2011 |
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