Yokayo Biofuels needs buyer or investor to upgrade facility

May 26, 2014 |

 

In California, Yokayo Biofuels is teetering on the edge after its co-funding source for a state grant fell through, putting on hold its enzyme upgrade project that would have boosted yields 75% and diversified its products beyond biodiesel. The company has been hard hit by wavering biofuels policies and looked to produce a pure glycerin product as well to stabilize its income. The company is now looking for an investor or a buyer to help it implement the upgrade.

 

Category: Fuels

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