Biotech Updates

Australian Firm Exports Biodiesel to the US

June 26, 2013
News release: http://www.biodieselmagazine.com/articles/9171/australian-renewable-fuels-restarts-biodiesel-exports-to-us

Australian Renewable Fuels Ltd. has announced the resumption of its biodiesel export to the United States. The company's first shipment of 5.7 million liters (approximately 1.5 million gallons) of biodiesel is now en route to the U.S., to be followed by another shipment of 5 million liters (1.32 million gallons) in August.

The orders are from two of the world's leading energy companies in the U.S. The relaunching of biodiesel exports means that the company will need to elevate its local biodiesel production. With the drop in value of the Australian dollar, the company is exploring additional export opportunities.