In Virginia, Red Birch Energy will debut this month as the nation’s first “closed loop” system combining canola crushing, a biodiesel plant next door to the Red Birch Country Market which provides distribution to the truck stop, convenience store and restaurant complex in Bassett. The plant expects to process up to 2 Mgy based on contracted canola shipments. The company says that it plans to franchise its production concept.
Next month, over the Independence Day holiday weekend, the 30,000 square foot Willie’s Place is scheduled to open July 3rd as the hub of a fuel and entertainment complex that will include a 27-hole golf complex, a theater, residential area on a 3,000 acre footprint at Carl’s Corner. Willie’s Place will sell E85 and BioWillie, and will be the first facility opened in the planned development.
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Endicott Biofuels secures $40 million in financing for “second generation” biodiesel.Endicott Biofuels (EBF) announced that it closed a $40 million private equity financing for the construction of a "second generation technology" biodiesel plant.
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