| Home Page : Archive News : August 2012 News : Delray Securities Today Announced A Colorado Bioenergy Venture. | |
Delray Securities Today Announced A Colorado Bioenergy Venture. | |
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August 01, 2012 Senior Management at Delray Securities today announced a Twenty Million Gallon Bioenergy venture in Colorado. The Principles of Delray Securities BioFuels Fund, Inc. have established a business model to produce over 20 million gallons of sustainable biofuels from diverse feedstocks and more than 160,000 tons of co-feed products annually. The result: reduced shipping costs for both biofuels and wet distiller's grains (WDG), a by-product of biofuel production, lower capital expense and lower operating costs, resulting in higher margins. The proposed $65 million project is scheduled to begin operations in the fourth quarter of 2012. According to a press release issued by Delray Securities, "the Delray Securities BioFuels Fund, Inc. team has developed an innovative, sustainable, more profitable biofuels production model that reduces carbon emissions, uses less water, generates energy from nearby animal waste, and utilizes locally-grown next-generation feedstocks, not just corn. The plants will be located near local fuel terminals rather than corn fields. The biofuel will then be 'short-hauled' by truck, eliminating the need for capital investment in rail infrastructure and additional tank storage capacity". The proposed plants are being designed for the future, incorporating an Advanced Biofuel Commercialization Strategy into the company's business model. In cooperation with Local State Universities and Company Management Team Members, allows the Company to integrate alternative feedstocks with advanced bioprocessing technologies to produce biofuels and hi-protein feeds while mitigating risks to the investors. The first site chosen is in the State of Colorado and Operations are expected to begin in the Fall of 2012. For Additional Information Delray Securities 2255 Glades Road Boca Raton, Florida 33444 Direct: (877) 684-7902 Legal@DelraySecurities.com http://www.DelraySecurities.com Source: http://www.1888pressrelease.com/delray-securities-today-announced-a-colorado-bioenergy-ventu-pr-413740.html |
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