NORCROSS, Ga., May 24, 2011 /PRNewswire/ -- VEGA BIOFUELS, INC. (Pink Sheets: VGPR) announced today that the Company has entered into an Agreement with Louisiana based engineering services firm, Hunt, Guillot & Associates, LLC (HGA).
HGA will provide various services and personnel to the Company, including plant design, project management, and engineering services.
Vega recently announced plans to build a manufacturing plant in Cordele, GA that when completed will produce green energy bio-coal for use in existing coal fired power plants around the world.
HGA's engineers have extensive industrial experience in a variety of fields including chemical process engineering, mechanical engineering, piping design electrical engineering, instrumentation, control system integration, civil engineering, and structural design. In addition to engineering services, HGA will also provide on-site professional staffing services to the Company.
"We look forward to working with HGA and their staff of engineering professionals. This is a very important step in the implementation of our Business Plan in South Georgia," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "The expertise they bring to the project will be invaluable. In addition, HGA will provide us with various candidates for a permanent manager for the Cordele bio-coal plant."
Bio-coal is made from a process called "torrefaction". Torrefaction is a partial carbonization process that takes place at temperatures between 475 - 575 degrees in a low temperature environment which makes the physical and energetic properties of the biomass much more comparable to traditional coal. The biomass is then compressed into briquettes to be sold to the end user. Torrefaction has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides and is considered carbon neutral to the environment.
Hunt, Guillot & Associates, LLC (HGA) is a multi-disciplined project management and engineering services company providing cost-effective projects and services to a wide range of industrial, commercial, public, and private customers.
Since the company's founding in 1997 to serve the forest products industry, HGA has grown to a staff of over 200 multi-disciplined engineers and project managers, and has provided its customers with project management and engineering services in over 23 US states and two Canadian provinces. HGA has significant experience with a variety of projects ranging from upgrading existing plants to designing grass-roots facilities with budgets of over $250MM in total installed cost. HGA is now involved in several major industries including natural gas, refineries, wood products, bio-fuels, specialty chemicals, public works, commercial and private development, and pulp and paper.
HGA's principal personnel are engineers with extensive industrial experience. Many have over 30 years of experience in a variety of fields including chemical process engineering, mechanical engineering, piping design, electrical engineering, instrumentation, control system integration, civil engineering, and structural design. HGA associates include engineers with professional registration in all major disciplines and multiple states.
HGA has a new business segment dedicated to providing On-Site Staffing Services for industry. With its extensive list of available personnel, HGA provides full-time, part-time, temporary, or permanent contract personnel with a broad range of expertise to a diverse customer base. HGA is continually seeking qualified personnel for consideration as potential candidates for staffing positions throughout the country.
For more information about Vega: www.vegabiofuels.com
For more information about HGA: www.hga-llc.com
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "plan," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: Vega Biofuels, Inc.: 800-481-0186
SOURCE Vega Biofuels, Inc.