GreenShift to build biodiesel plant in Indiana
 
Dec. 28

GreenShift Corp. has unveiled plans to build a 30-million-gallon-per-year biodiesel production facility in northeastern Indiana.

The facility will be one of five such plants that the company´s Mean Green BioFuels Corp. subsidiary plans to build, own and operate by the end of 2006. The annual production capacity of the biodiesel plants will range from 20 million to 60 million gallons.

Mean Green BioFuels produces biodiesel fuel from soybean oil, animal fats from rendering operations and wastewater sludge and corn oil extracted from ethanol facilities.

Arlington, N.J.-based GreenShift is a publicly traded natural resources and environmental business development company.

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