Medical company enters biodiesel arena

By | November 01, 2007
Medical Discoveries Inc. (MDI), a California-based drug developer, recently sloughed its prior operations and acquired Global Clean Energy Holdings LLC, a jatropha oil developer. MDI, which plans to change its name to reflect the change, will initially focus its operations on commercializing jatropha oil for biodiesel production. In its first step as a renewable fuels company, MDI submitted a proposal to the U.S. DOE in late September for a four-year, $42 million project to construct a self-contained jatropha plantation, and a biodiesel and synthetic diesel refinery in the United States.
 
 
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