New Generation Biofuels Holdings, Inc. announced today before the opening bell that it is has signed a sales contract with Catoctin Mountain Growers, Inc. of Keymar, Maryland to supply up to 370,000 gallons of renewable biofuel annually.
“We are delighted to be supplying a proactive and environmentally aware company like Catoctin Mountain Growers with our biofuel, which provides a lower carbon footprint and is 100 percent renewable,” commented Cary Claiborne, CEO and CFO of New Generation Biofuels. “In a test completed on one of Catoctin’s Cleaver-Brooks boilers, our biofuel demonstrated air pollution reductions of more than 45% in nitrogen oxides (NOx) and the virtual elimination of sulfur dioxide (SO2) when compared to low-sulfur fuel oil.”
He continued, “In addition, the renewable biofuel burned successfully with only minor tuning to the customer’s equipment. Steps like these, when replicated across the country, will help lower the net emission of greenhouse gases in the United States.”
“As a company we are always looking for ways to reduce our cost,” said Bob Van Wingerden, president of Catoctin Mountain Growers. “When New Generation Biofuels responded to an e-mail query with a biofuel at a reduced cost per Btu we were interested. After doing the test burn and seeing the positive difference in emissions, we were sold. Being able to reduce cost while leaving a smaller carbon footprint is an opportunity we could not pass up.”
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