Eco Ventures lands $12M order for new Florida biofuels plant

In Florida, Eco Ventures has received a “Blanket Purchase Order for 120 days following first fuel production” from Agri Liquid Products of Sandy Hook, Mississippi. The purchase order agrees to purchase all EVGI’s initial 3.6 million gallon per year production. The purchase order is for ASTM Fuel only and EVGI must begin production by March 28, 2012. EVGI is in the process of completing its biofuel production facility in Groveland, Florida. At current market prices, the purchase order is valued at approximately $12 million dollars.