Freedom and Pristine make biofuel
As stated in the contract, Freedom is to receive $1.75 (€1.34) for every gallon delivered to Pristine, which will then convert the grease into biodiesel. The several thousand gallons of biodiesel produced will fuel its 23-strong convoy of diesel trucks.
According to Michael Borish, CEO of Freedom, ‘We now have the capability to deliver thousands of gallons of yellow grease picked up from our paid service contracts to our processor for this additional revenue.’ He continued: ‘We believe, but cannot guarantee, that this contract alone represents $1 million in annual revenue for Freedom.’