Friday, May 09, 2014 9:06:33 AM
Renewable energy company Methes Energies reported that it is on the verge of establishing a strong business relationship with a large national aggregator and a downstream distributor in the United States. The company is finalizing the arrangements for the relationship, which would call for Methes Energies to provide up to 40 railcars of biodiesel per month for the rest of 2014 and beyond, or the equivalent of up to 1 million gallons of biodiesel per month.
Methes Energies has earned qualification to be an importer of biodiesel into the United States. The company has earned qualification for being able to generate renewable identification numbers in the United States as well. It now is able to sell directly to United States buyers.
Nicholas Ng, President of Methes Energies, said, “We’re very excited about the opportunity to bring our Sombra facility to full current production capacity. At current prices these new arrangements can add up to $4 million per month to our biodiesel sales. Also, the fact that we can now sell directly to U.S. buyers will make things much easier for us and enhance our ability to attract additional U.S. customers. This might get us to increase capacity in Sombra sooner rather than later.”
For more information, visit: www.methes.com
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM