Article: AE Biofuels Announces Plans to Construct a 75 Million Gallon Argentina Biodiesel Plant With DS Group.

Project Near Rosario Includes 25,000 Tons Annual Glycerin Production

CUPERTINO, Calif. -- AE Biofuels, Inc., (OTCBB: AEBF) a vertically integrated biofuels company, today announced that it has signed a joint development agreement with DS Development, a subsidiary of DS Group, to build, own and operate a 75 million gallon per year production biodiesel plant near Rosario, Argentina. Soy oil will be the primary feedstock as Argentina is one of the world's largest producers and exporters of soy oil. Construction of the biodiesel plant is subject to obtaining necessary project financing.

The biodiesel facility will be built by De Smet Engineers & ...

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