Biodico, US Navy sign agreement for development of sustainable renewable diesel production

In California, Biodico announced signing a new agreement with the U.S. Navy for the development and evaluation of advanced biofuels and bioenergy.  The collaboration between the Navy and Biodico will optimize the operation of sustainable biorefineries producing renewable petroleum diesel equivalent liquid fuels, bio-based products and energy using renewable resources at Department of Defense (DoD) facilities.

The collaboration is partially supported by grants from the California Energy Commission. According to Biodico’s President and Founder, Russell Teall, “As part of this agreement we are building a sustainable biorefinery at Naval Base Ventura County that will produce biofuel and bioenergy at prices competitive with unsubsidized conventional fuel and power.  The facility is privately funded, with some of the innovations supported by grants from the California Energy Commission. Sen. Pavley’s landmark initiatives have helped make this project possible.”