PetroSun acquires Eagle Biodiesel plant in Alabama

In Arizona, PetroSun BioFuels has acquired fifty percent of Fleet Biodiesel, majority owner of the Eagle Biodiesel project in Bridgeport, Alabama. The 0.7 Mgy Eagle Biodiesel plant intends to increase production capacity to 50 Mgy.

PetroSun BioFuels Refining signed a joint venture last month to develop and operate a 30 Mgy algae biodiesel facility in Coolidge. Construction is projected to commence in the third quarter of this year.

Late last fall, PetroSun announced a letter of intent to supply 54 million gallons of algal oil to a new 54 Mgy Bio-Alternatives biodiesel plant in south Louisiana. The initial delivery to Bio-Alternatives refinery will be in the third quarter of 2008.

PetroSun previously announced a joint venture in the construction and operation of a 55 Mgy biofuels refinery in Arizona. PetroSun BioFuels will provide the algal oil feedstock, and the resulting biodiesel and ethanol will be distributed in Phoenix.

PetroSun has announced its intention to establish 1,000 algae cultivation pods that will produce up to 2.56 billion gallons of algal oil per year. The announcement highlighted the potential of algae to supply a large percentage of domestic fuel consumption needs within a compact space, even with early-stage yields. PetroSun indicated it would pursue joint ventures with Mexican companies to establish its pods in Sonora state, which is located along the US border south of Arizona.

Last summer, PetroSun completed a successful demonstration of a commercially-viable algae-to-biodiesel conversion in Georgia.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Evolution Biodiesel finds growing niche in 24-230 gallon processors for homebrewers

In Alabama, Evolution Biodiesel is marketing 24-230 gallon biodiesel processors for home brewers. The company said it has tripled sales since 2006. Customers of the company, after purchasing the equip...

Perihelion debuts biodiesel plant in Alabama

In Alabama, Perihelion Global said that its biodiesel plant in Opp had commenced production, had been certified in meeting ASTM biodiesel standards. The company said that the plant would reach "severa...

Perihelion Global debuts biodiesel plant in Alabama

In Alabama, Perihelion Global said that its biodiesel plant in Opp had commenced production, had been certified in meeting ASTM biodiesel standards. The company said that the plant would reach "severa...

PetroSun to proceed to catfish pond conversion program for algae cultivation; establishes royalty scheme for farmers

In Arizona, the directors of PetroSun have approved a royalty plan for catfish pond owners who convert their ponds to algae cultivation. The company's Algal Oil Working Interest Program is designed to...

Black Warrior Riverkeeper sues Alabama Biodiesel for Clean Water Act violations

Black Warrior Riverkeeper, an environmental group, has filed a suit against Alabama Biodiesel for Clean Water Act violations. The lawsuit stems from complaints by local residents about oily residue do...

210-station E85 and B20 biodiesel corridor along Interstate 65 completed; Indiana-to-Alabama biofuels journey now feasible

In Alabama, work has been completed on a 210-station E85 corridor, which offers consumers continuous access to E85 from Gary, IN to Mobile, AL. E85 ethanol and B20 biodiesle is now available along the...