BBDS – Better Biodiesel: States Knocking Off Sales Tax on Biodiesel.
Cost is King in the World of Biodiesel.
Knocking off the state sales tax associated with biodiesel is a boon for the industry and many are doing just that. Translation: consumers will want this! Biodiesel is in the end a commodity and cost is king!
Better Biodiesel is made from “feedstock” which is primarily derived from animal fats and greases. Better Biodiesel uses various grades of animal fats, such as beef tallow, pork lard, chicken fat, and greases for renewable feedstock. Biodiesel offers higher cetane levels, lower nitrogen oxides and near zero sulfur when compared to fossil fuels. Animal agriculture has a significant role to play in the production of renewable fuels.
Diesel is 20 to 30 percent more fuel efficient than gasoline. Better Biodiesel’s ultra low-sulfur diesel addresses one of the main problems with diesel: the sooty, smelly emissions. Ultra low-sulfur diesel releases a fraction of the sulfur contained in regular diesel when it’s filtered through the new engines that become standard next year.
“It will be the equivalent of when we removed lead from gasoline,” said Francisco Acevedo, a specialist with the EPA. “It will get rid of that black puff of smoke that has typically been associated with diesel.”
Biodiesel reduces most of the toxic emissions that come from pure petroleum diesel.
Many states are also reducing as much as 80 percent of the sales tax on most of the biodiesel blends! With congressional subsidies and the state sales tax reduction, consumers and distributors will be looking for the most cost effective biodiesel production methods.
They do not have to look far. That would be Better Biodiesel!
Source: Better Biodiesel and Dow Jones
Better Biodiesel, Inc.
355 South 1550 West
Spanish Fork, UT 84660
Phone: (801) 798-7576
Email: info@betterbiodiesel.com
Website: www.betterbiodiesel.com
Investor Relations:
Capital Group Communications, Inc.
Anthony Evans / Mark Bernhard
betterbiodiesel@capitalgc.com
(415) 332-7200
About Better Biodiesel: Better Biodiesel has developed proprietary waterless technology that significantly reduces the costs of biodiesel production and environmental impact. A key environmental distinction in Better Biodiesel’s production method is the absence of any caustic chemicals in the catalytic reaction process, which eliminates the washing and evaporation steps necessary under customary biodiesel production processes. This proprietary technology speeds up the production timeline, increases the volume of fuel that can be made within a given time period, and reduces the amount of land needed for the production plant. Better Biodiesel’s initial pilot plant is producing approximately three million gallons per year and has a total footprint of less than 160 square feet. By contrast, several acres are required for a conventional biodiesel facility of the same production capacity. Initial Company estimates indicate that Better Biodiesel can expect to achieve a 20 percent reduction in the cost of producing biodiesel fuel, and a 40 percent reduction in the cost of building its biodiesel plants as compared with conventional production methods and facilities. Better Biodiesel’s objective is to become one of the world’s largest producers of biodiesel. (www.betterbiodiesel.com)
Forward-Looking Statements: This release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the Company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) BBDS’ ability to manage the future acquisitions and the expansion of operations; (2) BBDS’ ability to obtain contracts with suppliers of raw materials (for our production of biodiesel fuel) and with distributors of our biodiesel fuel product; (3) the risks inherent in the mutual performance such supplier and distributor contracts (including our production performance); and (4) BBDS’ ability to raise necessary financing to execute the Company’s business plans. Disclosure: Pentony Enterprises LLC has not been compensated for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable.
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