BioFuels Journal

Las Vegas, NV—Renewable Fuel Corp, Inc (RFC) a worldwide producer for biodiesel and biodiesel blended fuels for North America and International markets and Oilcorp Berhad are announcing Dec. 3 that they have entered an agreement valued at $22,111,664.

Oilcorp Berhad (Oilcorp) is a diversified international corporation and is active in oil and gas, special projects, hotel, resort operation and property investment, and deep-sea fishing.

The strategic agreement between RFC and Oilcorp is an opportunity to leverage the unique expertise of both companies in green energy.

As the world searches for new and better ways to fuel its economies RFC is critically positioned to deliver renewable sustainable biodiesel.

The RFC B100 biodiesel product uses only renewable and sustainable agricultural feedstocks produced in the world's newest and most technically advanced facility in Kuantan, Malaysia.

"The agreement with RFC will enable Oilcorp to have a critical stake in the booming biodiesel and blended fuel industry in the US and key international markets," said Sunny Ng Huat Tian, Group Managing Director of Oilcorp Berhad.

"RFC is an emerging leader in a very important industry, with its vertical upstream and downstream approach to the biodiesel industry they are able to better leverage the markets, control critical margins and take advantage of the worldwide requirement for green fuels, Oilcorp will profit along with RFC."

"We have a shared vision for supplying the world with clean fuels that is far better for the environment." said William Van Vliet, Chairman of Renewable Fuel Corp.

"This major agreement and endorsement from the Oilcorp Board is a critical step in RFC's growing worldwide presence.

"It is my goal for the company to be the leader in the worldwide movement to biodiesel.

"The Oilcorp endorsement puts us a step closer to fulfilling this strategy."

"With Oilcorp we will have business relationship that will serve RFC for years to come," said Richard Henderson, President of Renewable Fuel Corp.

"As we continue to grow our infrastructure and distribution facilities, Oilcorp will be a pivotal partner in that effort."

For more information, call 702-989-8978, ext. 1040.

See Related Websites/Articles:

• Renewable Fuel Corp.

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