Nova Energy contracts for feedstock, stainless steel

By | October 13, 2006
Nova Energy Holding Inc. signed two contracts within a week to supply its biodiesel facilities. On July 31, it announced a contract for procurement and fabrication of stainless steel equipment for three 60 MMgy biodiesel facilities. The $16.9 million purchase order from Mueller Field Operations Inc., a wholly owned subsidiary of Paul Mueller Company, was issued through Nova Energy's subsidiary Biosource America.

On July 26, Nova Energy signed feedstock supply and biodiesel sales agreements with ConAgra Trade Group Inc. for Nova Biofuels Oklahoma LLC, a biodiesel facility to be located in Oklahoma. The multi-feedstock facility is expected to be completed in 2007.
 
 
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