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Article: Germany: Earth Biofuels: Stake in American Petrox acquired.
- Article from:
- TendersInfo
- Article date:
- February 16, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Earth Biofuels, Inc. announced it has acquired a 40% ownership stake in American Petrox, Inc. (``API''), based in Plano, Texas.
API is a fuel supply company specializing in the supply of gasoline and diesel fuel to the aviation industry. API has supplied aviation companies such as American Airlines, Delta Airlines, and Continental Airlines with fuel for ground equipment and vehicles at DFW International Airport.
API was formed in 1999 by Mr. David L. Perry, its President and Chief Executive Officer. Mr. Perry is a Vietnam Veteran and served eight years in the U.S. Air Force.
While serving in the U.S. Air Force, Mr. ...