Greenhunter Biofuels has announced that over the past week it has achieved over 50% of nameplate production capacity (50% of 105 million gallons-per-year) at the country's largest biodiesel refinery located in Houston, Texas.
The predominant feedstocks refined to-date have been animal fats (poultry fat and beef tallow), which under the current pricing environment, are expected to provide the Company with meaningful net operating margins.
GreenHunter BioFuels is currently contracting for sale its first 4000 metric ton parcel of B100, or 100% biodiesel, to a purchaser with an anticipated ultimate delivery into the international markets.
Commenting on GreenHunter BioFuels' recent operational achievements, Bruce Baughman, Senior Vice President of Engineering and Technology, stated, "Successfully achieving 50% of nameplate capacity at such a highly technical refinery is a testimony not only to the quality of this unique asset, but to the outstanding work conducted by our plant personnel during this start-up period.
"By designing a refinery that has the ability to take a multitude of different feedstocks, GreenHunter has the ability to source and procure the least expensive raw materials possible around the world.
"This allows our Company to achieve the greatest possible operating margins within the business today. We believe the distilled, 'water-white' quality performance of the GreenHunter Biofuels facility will contribute to a new quality standard in the global biodiesel marketplace."
