ENVIROTEK (PKS.ENTK) has agreed to the expansion of their Extreme Biodiesel facility in Corona, California. The company's Board of Directors commented that expansion of the existing facility is already under way for the production of 10,000 gallons per day of Biodiesel fuel. The expansion will allow the company to produce 20,000 gallons per day and is expected to be completed during the 2nd quarter of 2010.
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The Corona facility will operate 6 days per week and have an approximate output of about 500,000 gallons of Biodiesel per month. Based on the current market price, the annual revenues would be over $15 million annually.
About ENVIROTEK
"PROVIDING TOMORROWS GREEN SOLUTIONS TODAY" Our initiative is to help change the way the world looks at the Environment, and provide solutions to "GO GREEN." ENVIROTEK is a rapidly growing company that will be introducing several innovative technology solutions to a growing crisis throughout the world. Our goal is to improve the health, environment and economy of people around the world by supplying proprietary technology that can be used in both new and existing systems to convert them to GREEN and to create Alternative Energy Solutions.
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