Sustainable Fuels receives loan

By | October 14, 2008
Sustainable Fuels LLC has received a $4 million loan guarantee through the USDA Business and Industry Loan Program to purchase machinery and equipment for its $6 million, 5 MMgy biodiesel plant in New Iberia, La., which is slated to begin production in January. The company plans to use waste vegetable oil, brown grease and soy oil as feedstocks. The permitting process is underway, the company said, and improvements have been made to the plant's 13,000-square-foot building.
 
 
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