Able Energy to produce biodiesel at truck stops

By | October 13, 2006
Able Energy Inc. announced a joint-venture agreement with BioEnergy of America Inc. to produce and distribute biodiesel at plants to be constructed at truck stop plazas. The two companies will operate through USA Biodiesel LLC, each holding a 50 percent membership interest. "By doing this, we think we have solved one of the major problems, which is the high cost of transportation [of biodiesel]," said Gregory Frost, chairman and CEO of Able Energy. Each plant should produce 10 MMgy to15 MMgy of biodiesel when completed.
 
 
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