General Biodiesel purchases Seattle biodiesel refinery
General Biodiesel Seattle has completed its acquisition of Imperium Renewables’ Seattle Biodiesel facility in Washington, US.
General Biodiesel is converting the Seattle-based commercial biodiesel refinery to produce biodiesel from waste oils such as recycled cooking oil and animal fat, which the company collects from restaurants and food stores around the region.
The acquisition of the plant enables General Biodiesel to deliver a locally produced renewable fuel source that will measurably reduce total carbon emissions in Washington and reduce the dependency on foreign oil.
To complement the acquisition of the plant, General Biodiesel also closed on an equity financing arranged by Seattle-based merchant bank, Swiftsure.
General Biodiesel is converting the Seattle-based commercial biodiesel refinery to produce biodiesel from waste oils such as recycled cooking oil and animal fat, which the company collects from restaurants and food stores around the region.
The acquisition of the plant enables General Biodiesel to deliver a locally produced renewable fuel source that will measurably reduce total carbon emissions in Washington and reduce the dependency on foreign oil.
To complement the acquisition of the plant, General Biodiesel also closed on an equity financing arranged by Seattle-based merchant bank, Swiftsure.
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