BIOX sales quadruple in Q3
August 8, 2011
| admin
In Canada, BIOX reports third quarter results sales were $24.49 million compared to $6.58 in Q3 2010, with operating losses of only $431,000 compared to $5.6 million in EQ 2010. Sales for all three quarters was $74.3 million, as opposed to $33 million for the first three quarters of 2010. Kevin Norton, Acting Chief Executive Officer, stated “The value of our biodiesel is increasing as evidenced by our Q3 sales. Biodiesel prices are responding to demand from U.S. refineries and importers that are obligated to meet the minimum blending mandate.”
Category: Fuels