In Wisconsin, Cream City Grecycling launched operations in July, working to collect waste grease from restaurants and converting it to biodiesel. Cream City, operating in Milwaukee, is hoping to be collecting 30,000 gallons a month by the end of this year and reach 50,000 gallons by the end of 2012. Cream offers $2.00/gallon to their collectors, and with processing costs of approximately $1.30 per gallon, charges their customers $3.50/gallon. The current biodiesel credit is at $1.00/gallon, which allows Cream to earn approximately $0.70 per gallon.
Category: Producer News