NOTICIA
INSEQ Receives Order for Biodiesel Equipment from NextGen Fuel
5/22/2006 10:26:01 AM
NEW YORK, May 22, 2006 (BUSINESS WIRE) -- INSEQ Corporation ( INSQ ) today announced that it is receiving orders from NextGen Fuel, Inc., for the manufacture of NextGen's proprietary biodiesel processing equipment.
The NextGen Fuel process is the leading modular, skid-based biodiesel process available in the rapidly growing global biofuel market. The NextGen process reduces plant capital costs by as much as 50% as compared to traditional approaches and offers significant operating benefits. The process can also be shop-tested with customer-specific feedstocks before it ever leaves the INSEQ plant floor and can be shipped to customers in as little 14 weeks. This allows NextGen and INSEQ to significantly reduce customer risk while speeding their client's time to market. As a result, INSEQ is securing orders to fabricate and ship NextGen process equipment for domestic and international customers.
This process equipment order for biodiesel technology follows the ethanol by-product recovery equipment orders INSEQ has received from Veridium Corporation ( VRDM ).
Veridium has granted exclusive right of first refusal manufacturing rights to INSEQ for the manufacturing of Veridium's patent-pending Corn Oil Extraction Systems and proprietary DAF Recycling Systems. INSEQ expects to manufacture more than eight Corn Oil Extraction Systems and two DAF Recycling Systems for Veridium starting this year. More information on Veridium's technologies is available online at www.veridium.com.