New Generation Biofuels Signs First Biofuel Distributor Contract with Tri Gas and Oil
Under terms of the contract, Tri Gas and Oil will endeavor to sell up to 1 million gallons in the first year of a three-year contract. Building on recent sales successes of NGBF, Tri Gas and Oil will market NGB biofuel to its existing and new customers who use stationary engines and are seeking a renewable biofuel which uniquely offers considerable NO(X) and SO(2) reductions as compared to traditional distillate products.
“Signing up Tri Gas and Oil is a major milestone achievement for us, substantiating firm renewable biofuel sales credibility for us in the marketplace and expanding our marketing depth and reach,” said New Generation Biofuels’ Chief Executive Officer,
About Tri Gas and Oil Co Inc
Tri Gas & Oil is a family-owned and operated business, providing energy solutions for customers throughout the Delmarva region with propane gas, oil products and alternative fuels for home, agriculture and industrial uses. The company’s fuel distribution services extend beyond
About New Generation Biofuels Holdings, Inc.
New Generation Biofuels is a renewable fuels provider. New Generation Biofuels holds an exclusive license for
Forward Looking Statements
This news release contains forward-looking statements. These forward-looking statements concern our operations, prospects, plans, economic performance and financial condition and are based largely on our current beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. The risks and uncertainties related to our business include all the risks attendant a development stage business in the volatile energy industry, including, without limitation, the risks set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended
Media Contact: IR Contact: Phil Wallis ph: (321) 363-5113 Ed Job, CFA ph: (646)213-1914 Or firstname.lastname@example.org Or email@example.com Rob Schatz ph: (212) 370-4500 Or:Rob@wolfeaxelrod.com
SOURCE New Generation Biofuels Holdings, Inc.