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November 26, 2007 – Vol.12 No.36 Targeted Growth And Green Earth Fuels Create Joint Venture For Camelina-based Biodiesel. The new venture, Sustainable Oils, will produce and market up to 100 million gallons per year by 2010. Nearly all of the initial Camelina production is expected to be grown in Montana. Camelina is a genus within the flowering plant family Brassicaceae. “We have created a better feedstock for biodiesel,” said Tom Todaro, CEO of Targeted Growth. “Camelina can be rotated with current Montana crops, it grows in land with lower agricultural value, and it doesn’t significantly increase the use of fertilizer or irrigation water. We think this will be a model for the development and use of other biofuel-specific crops.” Targeted Growth has been perfecting Camelina for the past three years in greenhouse and field trials. Specifically, it has used non-transgenic molecular assisted breeding programs to create a crop that is well suited to Montana’s climate and soil and that produces high quality biodiesel.
Targeted Growth uses agricultural bioscience to enable the long term success of renewable fuels such as biodiesel and ethanol. Green Earth Fuels is a global, vertically integrated biodiesel energy company providing the requisite product quality, scalability, and streamlined logistics to reliably supply leading energy companies with renewable, environmentally clean and high-value biodiesel fuel and byproducts. The company operates production and distribution sites that are independently located within existing petrochemical infrastructures in key US coastal locations, improving industry integration and providing dedicated access to a nationwide production network alongside well-situated distribution channels. The company develops and invests in the production of new feedstock crops and adheres to best practices farming of current crops to promote feedstock sustainability, maximize processing benefits, and minimize environmental impacts.(11/20/07)
Links: Sustainable Oils Targeted Growth Green Earth Fuels
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