This facility is expected to process millions of gallons of waste oil per year from restaurants, residents, institutions and animal waste fats. The LOI precedes definitive agreements that are anticipated to be executed within the month.
The plant is being built to expand from 5M gallons of B100 (25M gallons of B20) to over 10M gallons of B100 (50M gallons of B20), while meeting all EPA new renewable fuel standards.
Maurice Stone, president of National Clean Fuels, said: “We are excited about the relationship with DC BioFuels. We expect to work with them to duplicate this ability in other regions.”
