Site Selection Completed for Large Biodiesel Plant

[] During the same week that President George W. Bush became the first president to visit a biodiesel production plant, Apollo Resources International announced that its 50 percent owned subsidiary, Earth Biofuels, has selected the site for its biodiesel refinery project in Durant, Oklahoma. The site for the project is under contract and the purchase agreement is expected to close early next week. The refinery is scheduled to be completed by September 2005, and when fully operational is expected to produce 10 million gallons of biodiesel annually. The site for the project is in need of modifications, including the demolition of older silos and buildings. Bid packages for site preparation will be released shortly after the closing on the property.
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