AE Biofuels Completes 50 Million-Gallon Facility

AE Biofuels, Inc. announced that it has completed the construction of a biodiesel facility with a capacity of 50 million gallons per year located in Kakinada, India. The company has also started construction on a glycerin refinery adjacent to the biodiesel facility.

The plant is connected to the Port of Kakinada by pipeline, and has Export Oriented Unit status. AE Biofuels‘ facility at Kakinada will upgrade the company’s current glycerin refining process, enabling the company to produce, sell, and market pharmaceutical grade glycerin in India.

“Our investment in the glycerin refinement process in India will allow us to produce a valuable commodity that is in strong demand,” said Eric McAfee, chairman and CEO of AE Biofuels, Inc. “Our Indian plant supplies growing local and global markets for biodiesel in order to meet expanding mandates, while benefiting from rising prices to meet expanding demand for premium-quality pharmaceutical grade glycerin.”
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