Endicott Biofuels partners with Davy Process Technology

By | July 14, 2008
Houston-based Endicott Biofuels LLC has entered into a long-term, multi-plant technical collaboration with London firm Davy Process Technology Ltd. to use Davy Process Technology's resin-catalyzed esterification technology for feedstock-flexible biodiesel plants. Endicott Biofuels expects to have its first 30 MMgy plant in production by 2010, with plans to develop more facilities. Endicott Biofuels was the only biodiesel firm invited to submit full applications to the U.S. DOE loan guarantee program. The company has secured $40 million in equity financing from Houston-based Haddington Ventures LLC.
 
 
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