Zenergy International, Inc. Announces the Securing of Substantial Feedstock for Production
November 17, 2009: 09:59 AM ET
Zenergy International, Inc. (PINKSHEETS: ZENG) is pleased to announce that the Company has secured feedstock from two different suppliers to continue operations and facilitate extensive production in Littlefield, Texas.
Zenergy International has recently embarked on a Biodiesel facility acquisition strategy. Greenlight Biofuels, the first of Zenergy’s acquired facilities, is a sizable Texas operation currently capable of producing five million gallons per year, with the potential for substantial expansion.
Greenlight Biofuels employs a robust, proprietary, and proven technology capable of processing a variety of different feedstock. In alignment with the corporate strategy, having technology that can use flexible feedstock is particularly advantageous in switching to lower cost feedstock or use of potential new feedstock like algae oil.
“We are very pleased to have achieved the second milestone in our development plan, as we continue to search for idled and underutilized facilities to add to our Zenergy International production platform. We are striving to create further shareholder value by using our network and relationships to maximize the potential of our facilities. We believe this unit will strengthen our position and we are ready to restart Littlefield with low-cost feedstock,” stated Robert Luiten, Founder & Chairman of Zenergy International.
As recently announced, the Company’s management has refined the initial capital structure, enabling Zenergy to maximize the growth potential of its shareholder value. It is, and will continue to be, of paramount importance to Zenergy International; that as the Company evolves through new business development and acquisitions, that Zenergy International’s shareholders are given an opportunity to grow with the Company through an established favorable environment for profitability.
About Zenergy International, Inc.
Zenergy International, Inc. is a global biofuel solutions provider which works to deliver biofuels at a competitive price, focusing on sustainable resources, safe practices, and compliance with all environmental laws. The Company strives to minimize overall environmental impact. Zenergy is engaged in the development and acquisition of biofuel sites, including constructing, acquiring existing facilities and operating fuel-grade biodiesel and ethanol plants. Please visit our website at www.ZenergyIntl.com for more information.
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For more information visit our website at www.ZenergyIntl.com