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

Byline: suneeta03

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 & Contractors, a recognized global leader in the construction of biodiesel plants. ...

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