New Generation Biofuels Holdings, Inc.

New Generation Biofuels Completes Construction of Baltimore Facility

Published in Law and Health Weekly, March 7th, 2009

New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF) ("New Generation Biofuels" or the "Company"), a development stage renewable fuels provider, announced that construction of the Company's first commercial-scale facility in Baltimore, Maryland has reached substantial completion, and operations are expected to commence within the next few weeks.

New Generation Biofuels' Baltimore facility has a nominal production capacity of 5 million gallons per year, which can be expanded to as much as 50 million gallons per year to support growth in demand for biofuel. New Generation Biofuels currently has sales agreements with Dynegy (NYSE:DYN) to supply up to 1.7 million gallons of...

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Source: Law and Health Weekly (2009-03-07)

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