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<br>Illinois [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) producer BN National Trail revealed today that it has actually protected a purchase agreement of all [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) procedure devices from Kreido Biofuels. The shipment of the devices is now [underway](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) from Houston, TX and is [anticipated](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to get here in Newton, IL by October<br> |
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<br>According to the company, the project is a shovel-ready site. It is [located](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) in a [business zone](https://forest500.org/rankings/companies/mission-newenergy-limited) in Newton, IL near the 2nd largest transportation passage in the U.S. It's created to make the most of making use of [development](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in the biofuels market in addition to a much better understanding of how to beneficially handle a [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) production facility.<br> |
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<br>The scalable 30 MGPY facility's essential [differentiator](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is the multi-feedstock ability of the innovation, proven in large-scale production in Europe today. This makes it possible for BN National Trail to develop buying agreements with local feedstock who will be able to provide crude soybean, corn oil, or other low-saturated oil at an opportunistically low cost throughout the lifecycle of the plant.<br> |
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<br>"Enhancements from the plant in Newton will originate from the sophisticated feedstock technology program in Budapest where a pilot plant is being expanded to include algae as a feedstock. QSB, a BNE certified innovation will be incorporated with the new process devices," verified CTO Robert Brooks. No timeframe has been offered when the plant would start production.<br> |
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<br>"This purchase contract is a considerable advance for BN National Trail. Not only will it provide income, but it will likewise accelerate plans by roughly 2 years." stated CEO Tony Quinones.<br> |
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<br>Blue Northern Energy, LLC (BNE) and the LLC entity it produced, BN National Trail Holdings started looking for a website to commercialize a more energy efficient and low C02 processing innovation for the biodiesel industry. A national look for a shovel ready project site to establish lead BNE Chicago's entrepreneurship center and to National Trail Biodiesel Group (NTBG).<br> |
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<br>The National Trail [Biodiesel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) Group, an endeavor by local neighborhood members in Newton Illinois and Blue Northern Energy together to form BN [National Trail](https://forest500.org/rankings/companies/mission-newenergy-limited). The five years of [structure task](https://pitchbook.com/profiles/company/51278-86) advancement by National Trail [combined](https://www.pinterest.com.au/missionnewenergy/) with Blue Northern's skilled personnel of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) production, task management, and cash management expertise guarantees educated and element management that will make it possible for [BN National](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Trail to be an innovative and world class [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) facility.<br> |
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<br>[BN National](https://www.businessnews.com.au/Company/Mission-NewEnergy) Trail will have direct access to the ABQ Innovation Center, the research and development center for [Blue Northern](https://www.crunchbase.com/organization/mission-newenergy) Energy. The center's mission will be to refine most current innovation advances in [biodiesel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) production and usages of renewable resource. This will include evaluating numerous fuel sources, soy, corn, algae, white grease, biomass and [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) |
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