Robert Luiten, chief executive of Zenergy, says the deal is part of a strategy to become a player in the US biodiesel market, where growth stalled after the economy tanked in the second half of 2008.
Greenlight, based in Lubbock, in the Texas Panhandle, has 5 million gallons biodiesel production capacity and also sells glycerin byproduct. Zenergy suggests it will expand plant output.
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