Biofuel Review - international biofuel news updated daily - Perihelion unveils suppliers for its biofuel refinery
Perihelion unveils suppliers for its biofuel refinery Print E-mail
Written by Bill Bradshaw   
Thursday, 28 February 2008

Perihelion Global (PINKSHEETS: PHGI), has unveiled the chemical and feedstock providers it will be using to service its Opp, Alabama BioDiesel refinery.  Vitusa Products, Inc will provide processing chemicals tothe plant, while Griffin Industries will supply feedstocks that will supplement supply from regional crop producers to ensure that the Opp Refinery can maintain continuous production.

In light of record high soy, rapeseed, and palm oil prices that are currently causing real problems for many single-feedstock facilities, Perihelion management believes its approach of constructing multi-feedstock refineries is proving advantageous in today's economy. Consequently, the facility, says teh company, has been designed to be highly adaptive to pricing and supply changes in world commodities markets.

Perihelion Biofuels representative, William Roncali, said; "When you have multiple feedstock sources, you have the advantage of reacting to supply-side or economic obstacles that might otherwise hinder producers that are more reliant on a single feedstock."

Perihelion Global CEO, John H. Beebe, concluded, "These agreements are important to securing consistent production. Consistent production creates consistent jobs for our employees, consistent revenues for our company, and security for our shareholders knowing that we have the ability to adapt to changing market climates. We look forward to working with these industry leaders to strengthen our BioDiesel operations in this region."




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