| Send2Press.com • Today is Monday, February 13, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
Energy, Oil and Gas
News
|
Press Release:
Oilsource Holding Group Inc. and Abundant Biofuels Corporation Form Joint Venture to Produce Biodiesel in Colombia from Jatropha Using Abundant's Proprietary Agronomy Techniques
ARCHIVAL CONTENTBOGOTA, COLOMBIA and MONTEREY, Calif., Oct. 22 (SEND2PRESS NEWSWIRE) -- Oilsource Holding Group (www.oilsourceholding.com) announced that it has joined with Abundant Biofuels Corporation (www.abundantbiofuels.com) to begin producing biodiesel from non-food crops in Colombia. Abundant Biofuels Colombia SRL has identified a strong interest from private and government sector. "Our goal is to produce biodiesel and biomass for electricity needs in rural areas," said Felipe Cano, CEO of Oilsource Holding, "We will not compete with local palm oil; jatropha will be a smart, complementary alternative for the national Biodiesel Mission. "The Company plans to plant 100,000 hectares with jatropha curcas. We estimate investment of $45 million. Given our farming experience in Africa, we will diversify the harvesting into four different zones within Colombia. This gives an accurate analysis of the behavior and yields of the plant under different soil conditions." According to Mr. Cano Abundant Biofuels' experience with jatropha in Africa will enable the joint venture to become the dominant producer of biodiesel producing biodiesel from jatropha in Colombia. Charles Fishel, CEO of Abundant Biofuels added that jatropha is the only biodiesel feedstock that does not does not divert agricultural land from food production. "Jatropha has the added advantage of producing 20 times more energy than the energy that is required to produce it," Fishel said. "Most other feedstocks consume almost as much energy in production as the energy produced." Mr. Cano concluded, "Alternative special crops available today like jatropha and algae and, in the near future, cellulosic diesel ('designer fuels') made directly from oil and biomass not only make social but economic sense as well." Oilsource Holding Group Inc. is headquartered in Bogota, Colombia. Abundant Biofuels Corporation is headquartered in Monterey, CA USA. For further information: Oilsource Holding Group Inc. www.oilsourceholding.com Colombia Dr. Jose David Lora Tel. (57)17593132 Cel. 3102147610 USA Felipe Cano 510-776-0074 Abundant Biofuels Corporation www.abundantbiofuels.com USA Dr. Charles V. Fishel 831-224-8800 cfishel@abundantbiofuels(.com).
NEWS SOURCE: Abundant Biofuels Corporation
Send2Press® is the originating wire service for this story. Terms of Use. © Abundant Biofuels Corporation. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (Abundant Biofuels Corporation), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for Abundant Biofuels Corporation.
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
Abundant Biofuels Corporation : » Biodiesel Joint Venture with Mindanao Lumad Tribes Will Bolster Community Development
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: Oilsource Holding Group Inc. and Abundant Biofuels Corporation Form Joint Venture to Produce Biodiesel in Colombia from Jatropha Using Abundant's Proprietary Agronomy Techniques, Abundant Biofuels Corporation, biodiesel from Jatropha non-food crops in Colombia, Oilsource Holding Group, Agronomy Techniques, biomass for electricity needs in rural areas, CEO Felipe Cano, CEO Charles Fishel, cellulosic diesel, press release, Oct 22, 2007. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 6322 times (1 today, 3 this week, 21 this month, 68 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)