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Seattle’s Imperium Renewables plans to rule biodiesel

June 21, 2006 /

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Imperium Renewables, a 2-year-old Seattle company backed by billionaire Paul Allen, plans to control 40 percent of the growing U.S. market for diesel fuel made from vegetable oil by 2009.

Imperium said last month that it will build a plant in Grays Harbor that will be the largest biodiesel refinery in the U.S. The plant, set to open a year from now, will make 100 million gallons a year. Three more of that size are planned by the end of 2008, Imperium Chief Executive Martin Tobias said Monday.

By ROB DIETERICH
BLOOMBERG NEWS

Full Story: http://seattlepi.nwsource.com/business/274677_imperium21.html?source=rss

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