Valero And Mission NewEnergy Execute 5-year, US$3.5B Biodiesel Supply Agreement
Green Car Congress
DECEMBER 20, 2009
The agreement further provides a subsidiary of Valero the right to purchase up to 25% of Mission at A$0.45 Subject to favorable economics, as Mission’s available stock of Jatropha matures to scale Mission will supply Valero with palm oil based biodiesel. The first tranche of 81.41 million expiring 30 September 2012.
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