Monday, March 10, 2014

Methes Energies International Ltd. (MEIL) Starts Manufacturing Process of Denami 600 for Aruba Client

Today, Methes Energies International, a renewable energy company that offers an array of products and services to biodiesel fuel producers, announced that it had begun the manufacturing process of one Denami 600 for a client in Aruba. It reported the receipt of a deposit from the client, Antilla Energy VBA, formerly known as BioFuel Arbuba. Antilla Energy VBA is a national company focused on development and implementation of island-based biodiesel projects utilizing non-food crop biodiesel feedstocks such as used cooking oil, and algae oil.

Nicholas Ng, President of Methes Energies International, said, “We’re very excited about this project as it fits well with our business model. I believe that this is the first of many more manufacturing orders we will receive this year. We have been working with several clients that are, just like Antilla, at a point where they now need to order their Denami. It is a sometime a long process but at the end it is very rewarding for our clients and our company.”

Gregory Fung-A-Fat, Managing Director of Antilla Energy VBA, added, “Our due diligence exercise took a bit longer than we first anticipated, but we are finally there and ready to go. We now look forward to receiving delivery of our first Denami with commissioning happening in the fourth quarter of this year. The plan is to grow our facility to about 6 million gallons per year so we are setting up in a way that will make it easy and cost effective to add 4 more Denami’s 600′s as the market conditions allow. We’re glad to be doing our part to help Aruba reach its Green Aruba 2020 targets.”

Methes Energies International’s Denami 600 is a fully automated, compact biodiesel processor. The company anticipates that the Denami 600’s delivery date will be in September 2014. With the Denami 600, Antilla Energy VBA will engage in production of biodiesel from locally collected waste cooking oil and the blending of it with diesel fuel. Thereafter, it will distribute the product to its clientele across the island.

For more information on Methes Energies International, visit: http://www.methes.com

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