Core Biofuel gets biofuel purchase agreement
September 20, 2010
By Core BioFuel
Sept. 20, 2010, Toronto – Elbow River Marketing has agreed to purchase and distribute 100% of the gasoline produced by the Core BioFuel wood-to-gasoline production facility to be built in Houston, British Columbia.
Sept. 20,
2010, Toronto – Core BioFuel Inc., a Canadian biofuel company that is
commercializing an advanced biomass to gasoline production process, has entered
into an agreement with Elbow River Marketing for the purchase and distribution
of 100% of the gasoline produced by the Core BioFuel wood-to-gasoline
production facility to be built in Houston, British Columbia.
“This
agreement will provide our shareholders the confidence that Core has locked in
a sales agreement with an experienced fuel marketing organization,” says George
Stanko, president and CEO of Core BioFuel. “This agreement represents another
strategic step towards completion of our commercialization plans.”
See an interview with Don Sigler, CFO of Core BioFuel, by Karin Koppitz of CFTK-TV. Sigler was interviewed after a community information session in Smithers, British Columbia, on September 27: ow.ly/2Lll5.
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