Nova Biosource announces funding, names president

By | May 14, 2008
Houston-based Nova Biosource Fuels Inc. has named Fred Zeidman as interim president of the company. He will replace J.D. McGraw, who will remain vice chairman of the company. Zeidman has been a director at Nova Biosource since June 2007. He previously worked in law, consulting and oil business sectors.

In other news, on March 20, Nova Biosource announced it had secured $12 million in a second installment of funding to complete a 60 MMgy biodiesel plant in Seneca, Ill. The plant began commissioning at the end of March.
 
 
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