Rest In Peace, old friend, your work is finished.......
If you want on or off the DIESEL "KNOCK" LIST just FReepmail me........
This is a fairly HIGH VOLUME ping list on some days......
Posted on 11/15/2006 6:16:34 AM PST by Red Badger
Reaches 1 Million Gallon Biodiesel Production in Pollock, LA
Los Angeles, CA -- Diametrics Medical, Inc. (BULLETIN BOARD: DMMC.OB) , which will change its name to "Allegro Biodiesel Corporation" pending shareholder approval, Nov. 14 announced that its production facility in Pollock, LA has produced more than a million gallons of soybean-based biodiesel since it began operating in April.
The company also said it today filed its Form 10-QSB with the SEC.
"Last month we surpassed the one million gallon mark, which represents an important early milestone for our company," said President and Chief Operating Officer Darrell Dubroc.
"In the last two years, our team has repurposed an ammonia-making plant into an operating biodiesel facility with the capacity of up to 12 million gallons per year, which is expandable to 20 million gallons per year on the current footprint. We are more than satisfied with our rate of progress."
Dubroc noted that the Pollock facility, located in Grant Parish in central Louisiana, should help meet the state's long-term demand for biodiesel.
In June 2006, the State of Louisiana enacted a mandate that will require that all diesel sold in the state have a 2% biodiesel blend.
This "B2" mandate will become effective once 834,000 gallons of biodiesel per month can be produced within the state.
Based on the state's aggregate use of approximately 760 million gallons of diesel in 2005, fulfilling the 2% mandate will require an estimated 15 million gallons of biodiesel annually.
Rest In Peace, old friend, your work is finished.......
If you want on or off the DIESEL "KNOCK" LIST just FReepmail me........
This is a fairly HIGH VOLUME ping list on some days......
I know, I know, I was making a joke. ;)
L.Ron Hubbard sold snake oil, too............In fact, some of his followers even sent the snakes to each other via the mailboxes.........
Kinda tells you something...........People with money are putting it where it will grow..........
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