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

Green Car Congress

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 75 million gallons p.a.)

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