Innovation Fuels acquires North American Biodiesel; gains BQ-9000 certification

In Wisconsin, Innovation Fuels announced the acquisition of North American Biodiesel, including the company’s leasehold at the Port of Milwaukee which brings Midwest-based tank storage, and petroleum pipeline access. Innovation Fuels also announced that became the first Northeast-based biofuels producer to BQ-9000 Accreditation from the National Biodiesel Board. Innovation Fuels acquired Eastern Biofuels last September, and is upgrading the New Jersey-based biodiesel plant from 6 Mgy to 40 Mgy; the company has a 50 Mgy biodiesel project under development in New York.

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