NewGen Technologies constructing biodiesel plant in Iowa
 
Feb. 24

NewGen Technologies Inc. plans to build a biodiesel plant with a capacity to annually produce an estimated 60 million gallons in Fairfield, Iowa.

The company´s ReFuel America subsidiary will develop the project working with the company´s joint venture partner PowerShift Energy Co. Inc. They will call the new plant PowerShift BioFuels of Iowa. PowerShift Energy is a wholly owned subsidiary of HTH Wind Energy Inc.

The completion of the project is subject to permitting and licensing as well as obtaining adequate financing.

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