Chem-Energy Corporation will develop and install Bio Fuel projects.
Los Angeles, California: Chem-Energy Corporation a Nevada based corporation involved in Oil Trading and refining will enter into the development of Bio Fuel projects in addition to its existing refinery and chemical projects. The focus of the projects would be Bio Diesel and Ethanol in the Asian Market which is developing rapidly due to the higher prices of Crude Oil.
Bio Fuels are environmental friendly and most of the countries are encouraging the companies to install such plants in their country. This will help many countries, especially which are agriculture based to save millions of dollars in foreign exchange which they pay to the oil producing countries.
Recently former US President Bill Clinton raised billion of dollars to carry out the research and development of clean fuels.
Chem-Energy will offer and develop these projects at cost, on joint venture basis. To learn more about Chem-Energy Corporation, please visit their website: