Last I posted about Xethanol Corporation they were California dreaming. But, back on the east coast, they’re not just dreaming about it, they’re doing it. According to a company release this week, Xethanol “has organized NewEnglandXethanol LLC accelerating its growth plans to roll out ethanol production throughout the East Coast. NewEnglandXethanol will be a strategic alliance between Xethanol and Global Energy Management LLC. Its mission is to develop ethanol production in Connecticut, Massachusetts, Rhode Island, New Hampshire, Maine and Vermont.”
Meanwhile, Xethanol may need to change its name to be more inclusive, since the company recently got into the biodiesel business also. According to a news release, Xethanol “entered into an agreement with H2Diesel, Inc. Under the terms of the agreement, Xethanol will manage the business of H2Diesel, which is to deploy the proprietary biodiesel conversion technology that H2Diesesl owns under an exclusive license for North America, Central America and the Caribbean.”