Biofuel Review - international biofuel news updated daily - Advanced Plant Pharmaceuticals buys biodiesel producer World Health Energy
Advanced Plant Pharmaceuticals buys biodiesel producer World Health Energy Print E-mail
Written by Giles Clark, London   
Tuesday, 09 January 2007

Advanced Plant Pharmaceuticals, Inc.has announced  todya (9th January) the company has completed the acquisition of World Health Energy, an emerging energy company focused on biofuels and renewable energy production and distribution.

 

World Health Energy plans to use renewable, cost-effective agricultural products from around the world to develop natural alternative fuels and marketable agricultural by-products such as feedstock. WHE's proposed biodiesel production plants are designed to produce biodiesel that complies to or exceeds international biodiesel production requirements and standards, including the European standard for Biodiesel EN 14214 as well as ASTM D6751 specifications.

In addition to renewable energy production, WHE's unique process will create a newly engineered feedstock as a by-product of the biodiesel production. Due to feedstock shortages worldwide, the Company plans to sell the feedstock as a secondary source of revenue, capitalizing on all aspects of the biodiesel production process.

The company is working towards the most immediate goals of merging with World Health Energy, Inc. and closing on the $1.2 million financing previously announced for the construction of two bio-diesel plants. H & H Equipment, Inc., a privately held Kentucky Corporation with major connections in coal mining, washing facilities, loading and blending facilities and marketing of coal for utilities and other large industrial users, which signed a Letter of Intent (LOI) to provide the necessary funding for two biodiesel plants.

As previously announced, the first of the two biodiesel plants will be built in Kentucky and the first customer, a coal mining operation, will require 5 thousand gallons a day. Revenue for the first full quarter of operation in Kentucky is projected at $1 million, or $4 million annually, for the mining operation alone. Another plant is slated for construction in Florida. 

 
< Prev   Next >


Home
Links
Contact Us
Search
Advertising
Media Pack
Book Shop
Editor's blog
Events Diary


Renewable Energy Directory  

People & Places

Neste Oil has won Hart Energy’s 2008 Global Energy and Environmental Excellence Award in Alternative Fuels category.

 
Russell Industries, Inc. has become a member of The National Algae Association. The National Algae Association has appointed Rick Berman, President and CEO of Russell Industries, as a member of its Advisory Board and Political Action Committee.
 

Algenol Biofuels today (27th October) announced the official opening of the company's US headquarters in Naples, Florida.

 

AE Biofuels, Inc. has announced the appointment of John R. Block to the company’s board of directors. Mr. Block served as Secretary of the US Department of Agriculture (USDA) from 1981 to 1986.

 
Roberto Rodrigues, the former Brazilian Minister of Agriculture has become the founding member of Amyris-Crystalsev Biocombustiveis strategic advisory board.
 

Get Firefox!



map