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Article: Pure Biofuels Completes Acquisition of InterPacific Oil S.A.C.'s Biodiesel Operation - Peru's Largest and Longest Running Biodiesel Facility.
- Article from:
- Business Wire
- Article date:
- December 5, 2007
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Expansion Nearing Completion and Production Targeted for February 2008
LOS ANGELES & LIMA, Peru -- Pure Biofuels Corp. (OTCBB:PBOF), a leader in the South American biofuels industry, today announced the completion of the company's acquisition of InterPacific Oil S.A.C.'s biodiesel production operation, Peru's largest and longest running biodiesel processor. Pure Biofuels is currently in the process of expanding the six year old biodiesel facility in order to achieve production capacity of 10 million gallons per year (MMgy). The expansion is targeted to be completed by the end of December 2007.
Pure will begin tests and preliminary production in January, ...