NEC LEGACY INVESTMENTS

COGENERATION - ETHANOL - BIOMASS - BIODIESEL

Biodiesel
MAB - Clayton, Delaware


Clayton, Delaware

 
  • Description: 5 Million Gallons Per Year facility in Delaware
  • Technology: Plant built by Fagen using De Smet Ballestra technology, a world leader in oil and fats technology that has built large biodiesel plants in Europe.
  • Transaction closed: July 2005
  • Start-up: Q1 2007
  • Sold: 2008

The Mid Atlantic Biodiesel (MAB) plant is designed to produce biodiesel from multiple feedstocks. Biodiesel is an attractive fuel for the US market with the rapidly rising cost of petroleum-based diesel, tightening clean air standards, and concern about the nationís increasing reliance on imported oil. The strong partners associated with the plant - along with an attractive market environment - make the MAB project a compelling investment opportunity as well as an economic and environmental plus for the region.