Natural Fuels Industries to operate Vega Biofuels, pursuing projects in Georgia, Indiana

In Montana, Vega Promotional Systems announced that it had dropped plans to operate its newly acquired Natural Fuels Industries unit as a subsidiary, and said that it would rename itself as Vega Biofuels and operate the former NFI under the new identity.

Vega stated that it discovered another company operating under a similar name as NFI and made the change to eliminate potential for confusion. Vega will develop and operate the proposed Green Valley Project in Indiana as well as a pellet project in Georgia.

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