Alliance Bio-Produces secures option agreement for Florida feedstock

April 13, 2017 |

In Florida, Alliance Bio-Products, Inc announced that it has entered into an option agreement with the Indian River County solid waste disposal district for the securement of its processed vegetative waste.

The option agreement, which was completed in early February, will continue to be upheld under the condition that Alliance Bio-Products secures a South Florida biofuel plant within 180 days of the signing. Once the Option has been exercised, Indian River County and the Company will enter into a final contract.

Within the agreement, Alliance Bio-Products will be granted the exclusive right and option to a portion of the county’s processed vegetative waste including yard and agricultural waste. The Option will enable the county to deliver waste to the Alliance BioEnergy plant without a fee, making the disposal service free of charge to the county while providing the Company with a no-cost feedstock.

Category: Fuels

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