News and information about Biodiesel & alternative fuels.


Business 2.0 on biodiesel

Saw an article in a recent issue of Business 2.0 about soy-based biodiesel in Argentina, here's a snippet:

"The first significant player in this market just emerged: Imperium Renewables, a Seattle startup, will soon begin building a biodiesel refinery in Argentina that CEO Martin Tobias says will produce 100 million gallons of fuel per year. That, for comparison's sake, is more than the entire U.S. output in 2005."

"While the VC-backed plant will cost about $50 million to build and takes 50 people to operate, clean-tech experts consider the Argentine biodiesel market wide open to smaller players. In fact, newer off-the-shelf technology that's currently being commercialized will lower plant construction costs to about $3 million, a far more digestible sum for angel investors."