Cellulosic ethanol and biodiesel hit the spot for a company known as Amelot.
According to their website, “Amelot Holdings Inc. is a Natural Resources and Energy Company including Oil, Gas Alternative and Bio-Energy projects.” A press release this week from Kerry Associates says they have entered into joint negotiations with a cellulose ethanol technology company on behalf of Amelot.
An earlier press release from Amelot announced that they have ordered bio-diesel processing equipment to start production at its first facility, to be located in New Hampshire. Amelot expects to produce over 1 million gallons in 2006. “We are extremely excited that this initial purchase has been formalized. This investment will enable us to create a division within the holding company dedicated to the development of alternative fuels and bio-diesel production. Having already established a solid infrastructure allows us to be generating substantial revenue and profits from this facility within the next 90 days,” commented Aziz Hirji, President of Amelot Holdings, Inc.