The primary upgrade will allow the use of lower cost feedstock oils and to boost onsite storage capacity for oils, fats and/or finished biodiesel product to 1m gallons.
The Durant facility, located 75 miles north of Dallas, Texas, has biodiesel production capacity of 10m gallons a year.
With the volatility in biodiesel feedstock markets, the Company's strategy will be to utilize its storage capacity to acquire and hold physical inventories of various feedstocks, depending upon biodiesel production economics at any given time.
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