In Colorado, “Blue Sun will immediately invest payments from credits earned in 2012 to advance our next generation biofuel technologies,” said Leigh Freeman, CEO of Blue Sun. Biodiesel. “We’ll use this opportunity to meet the intent of incentive programs such as the biodiesel tax credit and fully commercialize our emerging technologies to better the industry.” Blue Sun capital investments include launching a new enzymatic processing technology that will reduce net production costs by over 90 cents per gallon and will allow the Blue Sun refinery to process a wide range of non-food feedstocks.
More background on the story from the Digest
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