Article: Pure Biofuels on Schedule with Construction of 52.5 MMgy Callao Port Biodiesel Facility.

Facility to Commence Production in the First Quarter of 2008

Full-Scale Production Targeted in the Second Quarter of 2008

LOS ANGELES & LIMA, Peru -- Pure Biofuels Corp. (OTCBB:PBOF) today announced that the company is on target to commence production of biodiesel in the first quarter next year. The Callao Port facility will be Pure Biofuels' primary biodiesel production plant, capable of producing up to 52.5 million gallons per year with room for significant expansion.

Materials, Equipment and Construction Proceeding as Planned

The company reports that the eight storage tanks that make up the "tank farm," each of which has 11,000 tons ...

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