Alliance Bio-Produces secures option agreement for Florida feedstock
April 13, 2017
| Meghan Sapp
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