Vega Biofuels Receives 3,000 Ton Order to Ship Bio-coal to European Client
April 16 2014 - 10:21AM
Access Wire
Product Will Be Produced at the Company's
Joint Venture Facility in Allendale, SC
NORCROSS, GA / ACCESSIWRE / April 16, 2014 / VEGA BIOFUELS, INC.
(Pink Sheets VGPR) announced today it has received a 3,000 ton
order from ECEM Salzburg Energy and Environment Consulting GMGH,
which will be the initial Bio-coal order produced at Vega's Joint
Venture torrefaction manufacturing facility, ATP-SC, LLC in
Allendale, SC. The Bio-coal will be shipped from the Port of
Savannah to The Port of Rotterdam in the Netherlands upon
completion.
Vega recently announced that along with its partners, including
Agri-Tech Producers, LLC (ATP), is building a state of the art
torrefaction facility in Allendale, SC. ATP-SC, LLC will
produce various torrefied products, including Bio-coal. The
Joint Venture partners plan to build additional plants around the
world and the Allendale pilot plant will be a model for those
plants.
"We have been working with ECEM for a long time and we are proud
to receive a firm order for our Bio-coal product," stated Michael
K. Molen, Chairman/CEO of Vega Biofuels, Inc. "We are in
discussions concerning a commitment for the entire capacity of the
Allendale plant. With the amount of interest we are receiving from
all over the world, we are now considering the option of increasing
the output capacity of the plant to accommodate the
demand."
The Company also recently announced that it will be showcasing
it's Biochar soil amendment at The BIG Industry Show and Cannabis
Cup in Denver, Colorado April 16th through April 20th and
launching its "Grow With Us" marketing campaign.
About Vega Biofuels, Inc.
Vega Biofuels, Inc. manufactures Bio-coal from timber waste
using unique technology called torrefaction, which is the treatment
of biomass at high temperatures under low oxygen conditions.
Certain statements in this release constitute
forward-looking statements or statements which may be deemed or
construed to be forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The words
"forecast,” “plan,” "project," "intend," "expect," "should,"
"would," and similar expressions and all statements, which are not
historical facts, are intended to identify forward-looking
statements. These forward-looking statements involve and are
subject to known and unknown risks, uncertainties and other factors
which could cause the Company's actual results, performance
(finance or operating) or achievements to differ from future
results, performance (financing and operating) or achievements
expressed or implied by such forward-looking statements.
CONTACT:
Vega Biofuels, Inc.
800-481-0186
info@vegabiofuels.com
vegabiofuels.com
SOURCE: Vega Biofuels, Inc.