Florida wastewater company to produce biodiesel

By Kris Bevill | October 14, 2008
Web exclusive posted Nov. 10, 2008 at 4:07 p.m. CST

Florida-based Freedom Environmental Services Inc., a wastewater services company currently working to develop a waste-to-biodiesel program, has announced it plans to purchase an unnamed biodiesel producer with operations in Florida and Pennsylvania.

According to FESI, the company it plans to acquire has an annual production capacity of 30 million gallons and controls more than 1,200 waste oil collection accounts. "The target company has already gone through all the challenges facing a start up with new technology and is now producing high quality fuel for the diesel market," said Michael Borish, chairman and chief executive officer of FESI. "Additionally, through the ramp up process the company has grown its grease collection platform accounts, providing a dependable, low-cost feedstock supply for fuel production. The grease collection company is currently profitable as an independent operation."

As well, FESI recently announced it has executed a contract with Dunkin' Donuts franchisees in Florida to collect and dispose of grease from multiple sites. The company plans to use waste oil collected from those and other locations as feedstock for a biodiesel operation capable of producing up to 30 million gallons of biodiesel in 2009. A company spokesman could not be reached to specify the plant's location or if the facility will be in addition to the facility it currently seeks to acquire.
 
 
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