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New Generation Biofuels Holdings signs agreement for Puerto Rican biofuels development

12 Oct 2009

Renewable fuels provider New Generation Biofuels Holdings Inc has signed a letter of intent with Ace Biofuels of San Juan, Puerto Rico to license product formulations, manufacturing technology and know-how from NGBF with the intent of constructing a biofuel manufacturing facility and marketing NGBF biofuel in Puerto Rico.

 

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