Terra to acquire oil/biodiesel terminal
US-based Terra Energy Resources is a step closer to acquiring an oil terminal in Pennsylvania.
The company plans to turn the 24,000 gallon facility into a biodiesel production facility for use in home heating fuel while taking advantage of incentives offered by the state of Pennsylvania for production of alternative fuels.
This acquisition will include land, buildings, and equipment.
‘Biodiesel as a home heating fuel is a grossly overlooked market, and we look forward to leading the way in its implementation,’ Matt Conners of Terra Energy Resources comments.
The company plans to turn the 24,000 gallon facility into a biodiesel production facility for use in home heating fuel while taking advantage of incentives offered by the state of Pennsylvania for production of alternative fuels.
This acquisition will include land, buildings, and equipment.
‘Biodiesel as a home heating fuel is a grossly overlooked market, and we look forward to leading the way in its implementation,’ Matt Conners of Terra Energy Resources comments.
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