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Kauderer Submits LoI to Broker Purchase of Ohio Site for Biodiesel Facility

Posted on: Tuesday, 12 August 2008, 09:01 CDT

Kauderer Group Energy, an independent consultant specializing in technology, economics and management practice for the international oil, gas, chemical and related industries, has submitted a letter of intent to broker the purchase of an 87-acre site in Marion, Ohio, for the construction of a biodiesel manufacturing facility.

The site is located about 50 miles north of Columbus, Ohio, on the bypass of State Routes 27 and 309, and has already been zoned for biofuels.

The proposed plant will have the capacity to produce 12.6 million gallons of biodiesel in its first year of operation. Ohio currently has operational biodiesel plants in Defiance, Medina, Cincinnati, Toledo and Woodstock, with several other plants under construction. The US has an estimated total of 148 biodiesel refineries in operation.

Brian Duffy, director of global client services for Kauderer Group Energy, has recently been added to the team to head the new division with Eleazar Kauderer.

Mr Duffy said: "The letter of intent is an example of our commitment to the development of companies and solutions in the alternative energy space. We hope to continue contributing to the growth of this sector in the state of Ohio and throughout the US."

Source: Datamonitor

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