Encore purchase brings biodiesel to port

In the US newly-founded biofuels company Encore has received approval to construct a biodiesel facility at the Tulsa Port of Catoosa in Oklahoma.

The facility will cost an estimated $30 million (€21.2 million) and include a glycerine refining operation on 12 acres of ground.

Encore will acquire Petro Source Terminal, which leases 4.6 acres for petroleum storage, and increase it for an initial lease term of 15 years,