Nova Biosource Fuels signs biodiesel sales agreement

By | December 15, 2006
Nova Biosource Fuels Inc. has lined up contracts for biodiesel marketing and feedstock at its proposed 60 MMgy biodiesel facility in Seneca, Ill. Through a long-term biodiesel sales agreement, ConAgra Trade Group Inc. will provide sales and outbound logistics services for the company. The agreement was executed through a Nova Biosource Fuels subsidiary and will complement a feedstock supply agreement signed with Lipid Logistics LLC, an affiliate of Kaluzny Brothers Inc. The company expects the biodiesel facility to be on line in summer 2007.

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