Web Date: May 18, 2006
Big Companies Invest In Biodiesel
Oil refiners on both sides of the Atlantic are putting money into biodiesel, an alternative fuel derived from soybean oil and other renewable feedstocks.
Chevron has acquired a 22% stake in Galveston Bay Biodiesel, a Houston-based company building a biodiesel plant in Galveston, Texas, that Chevron says will be one of the first large-scale facilities in the U.S. When it opens at the end of the year, the plant will be able to make . . .
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