Agri Max Phase 1 Completed
Sustainable Power Corp. Announces Phase One Completion of Houston Agri Max Fuels, LLC Facility
Friday August 17, 9:30 am ET
NATCHEZ, MS--(MARKET WIRE)--Aug 17, 2007 -- Sustainable Power Corp. (Other OTC:SSTP.PK - News) announced today that it has completed Phase One of the Agri Max Fuels, LLC, rebuild and expansion project in Houston, TX.
In the previously announced Joint Venture on May 27, 2007, Sustainable Power Corp. agreed to expand the biodiesel facility and focus on blending ethanol, biodiesel and diesel. The first phase included acquiring 50 times the previous land area, the purchase of additional tanks, additional equipment, and 200,000 lbs of feedstock.
The company will now be producing conventional and OD-66 oxygenated biodiesel. AmSpec, LLC (http://www.amspecllc.com) has been contracted to test all of its products to insure they meet ASTM standards.
Keith Mazer, Interim President of Sustainable Power Corp., stated, "This is the first of several phases in the Houston project. We've acquired additional land and plan to use every inch of it to fulfill our Joint Venture agreement and provide additional value to our stockholders. We are very pleased to be in Houston and look forward to doing a tremendous amount of business there."
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