Perihelion Global Announces Chemical And Feedstock Providers For Opp, Alabama Biofuel Refinery

Wilmington, DE - Perihelion Global , a development company with interests in natural resources, alternative energies, and advanced communications, recently announced that is has secured chemical and feedstock providers.

Perihelion has reached agreement with Vitusa Products, Inc to provide processing chemicals to its Opp, Alabama BioDiesel refinery. Griffin Industries will supply feedstocks that will supplement supply from regional crop producers to ensure that the Opp Refinery can maintain continuous production.

Perihelion's agreement with Vitusa Products, Inc outlines distribution of Methanol and Sodium Methylate to the Company's Phase One Refinery in Opp, Alabama. Vitusa Products, Inc is the preferred distributor of Methanex Methanol and also distributes Sodium Methylate. Vitusa Products, Inc has a 27-year history of working with Methanex's advanced pumping terminal at Westwego, Louisiana, which supports their ability to handle and transport hazardous materials in a safe and efficient manner. As part of the agreement, Vitusa Products, Inc recently conducted an on-site inspection of the Company's Phase One Refinery.

Griffin Industries will supply animal fats for the Company's Phase One Refinery as an additional feedstock source. Griffin is a leader in recovering waste material from slaughterhouses, packing plants, butcher shops, supermarkets, hotels, and restaurants to recycle valuable fatty acids, tallows, and proteins. These materials can be processed at the Company's Opp, Alabama facility as an additional source of feedstock for creating BioDiesel. Griffin has an outstanding environmental record, and is certified through Audubon International's Cooperative Sanctuary System.

In light of record high soy, rapeseed, and palm oil prices that are crippling production at numerous single-feedstock facilities, Perihelion management believes its approach of constructing multi-feedstock refineries is proving advantageous in today's economy. Perihelion's facility has been designed to be highly adaptive to pricing and supply changes in world commodities markets.

Perihelion Biofuels representative, William Roncali, stated, "When you have multiple feedstock sources, you have the advantage of reacting to supply-side or economic obstacles that might otherwise hinder producers that are more reliant on a single feedstock."

Perihelion Global CEO, John H. Beebe, concluded, "These agreements are important to securing consistent production. Consistent production creates consistent jobs for our employees, consistent revenues for our company, and security for our shareholders knowing that we have the ability to adapt to changing market climates. We look forward to working with these industry leaders to strengthen our BioDiesel operations in this region."

SOURCE: Perihelion Global