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Valero And Mission NewEnergy Execute 5-year, US$3.5B Biodiesel Supply Agreement

Green Car Congress

The second tranche will be issued to allow Valero to maintain their tranche-one equity stake of 25% based on the conversion of any of the other currently outstanding Mission convertible securities. Mission NewEnergy has operations in Australia, Malaysia, India and Mauritius. million expiring 30 September 2012. 75 million gallons p.a.)

Supplies 230