Product Will Be Produced at the Company’s Joint Venture Facility in Allendale, SC
NORCROSS, GA, 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.
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