Innovation Fuels partners with Arpadis, ICE Service Group

June 17, 2008

New York-based Innovation Fuels Inc. has received a working capital credit line from Citizens Financial Group Inc.'s Citizens Bank to support current and future biodiesel sales and production. The company has also announced a partnership with Belgium-based Arpadis Group SA to form Innovation Fuels Europe, and a separate partnership with Pittsburgh-based ICE Service Group Inc., which will provide logistics and strategic transportation support for Innovation Fuels' biodiesel refinery in Newark, N.J. In April, Innovation Fuels was honored for its 2007 operations, receiving a Permit Award of Excellence from the Passaic Valley Sewerage Commissioners.

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