Momentum Biofuels Inc. (MMBF.OB) is Picking up Speed for Profitable Growth
Momentum Biofuels Inc., headquartered in League City, Texas, engages in the production and marketing of biodiesel fuel. Trading on the OTCBB, they produce their biodiesel from soybean or mustard seed oil. Biodiesel is a renewable fuel that can also come from other vegetable oils, as well as animal fats. They are then blended with petroleum-based diesel fuel for use in existing diesel engines. Founded in 2006, Momentum is part of the Specialty Chemicals industry in the Basic Materials sector. Their biodiesel product is for local distributors, jobbers, and state and local government fleets in the United States. Their primary product…