Biodiesel Technology Grand treasure resource () announce, sincere be like company hold the affiliated company of 51% rights and interests, on December 14, 2016, with cost 2.97 million dollar is finished buy the biology derv plant that is located in American Arkansas.
Began to try in June 2017 as factory of this biology derv produce, this factory already began to purchase raw material since June 2017, rise to export biology diesel oil first to the large oil that is located in the United States and client of natural gas trafficker from September 2017, gained commercial sale first in September 2017. Factory of this biology derv predicts highest produce per year can amount to 40 million gallon, rising to be produced at present can in the process.
The board of directors anticipates, should raise high yield can hind, factory of this biology derv can achieve his in October 2017 most high yield can 60% , can amount to further to 2018 to the yield of 80% can utilization rate.
Up to will stop on March 31, 2018 the second half of the year of financial year, factory of this biology derv will continue to purchase raw material and to the United States other and large client sells biology diesel oil, its have a youthful look produces ability and turnover to expect will further growth. Factory of this biology derv also reachs major long-term agreement with biology fuel leader of the United States of purpose, supply biology derv to its. Up to announcement date, this waits to discuss and negotiate to still be in initial phase, have not conclude final clause and condition.