W2 Energy starts biofuel production at Cambridge facility

In Canada, W2 Energy has begun production at its Cambridge facility. Over the last month they tested various small batches of fuel and they are now are confident the plant is running well and will produce ASTM specification fuel on a consistent basis. The company will begin production on a batch basis and using cash flow from sales will ramp production up while remaining cash flow positive. Once they reach a consistent production rate the company will apply for credit lines that will allow us to move to full production and beyond.