This post is for those of you who are really interested in the biodiesel industry. The news itself - that Earth Biofuels will invest five million dollars into a new company called Biodieesl Investment Group - is simple. But behind the news is a lot of biofuel industry heavy hitters. For example, Earth Biofuels is the company that produces BioWillie. Also, the Biodiesel Investment Group will work with Bunge North America to build the largest biodiesel production plant in Illinois in the city of Danville. The 45-million-gallon-a-year plant will be located next to one of Bunge's plants, so the soy biomass will not have to travel far once things get rollin in early 2008.

Maybe your biodiesel industry knowledge is top-of-the-charts and you knew all of that background information already. If so, thanks for reading AutoblogGreen and feel free to apply to be one of our bloggers. We're looking for another good scribe.

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[Source: Earth Biofuels, Inc.]

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