RedChip Featured Company: New Generation Biofuel Holdings, Inc. (GNB)
New Generation Biofuel Holdings, Inc. (GNB) is a company focused on developing advanced renewable technology with the hope to provide clients with quality biofuel options. The company currently is utilizing a proprietary process to develop second-generation biofuels that can be used in place of diesel or distillation fuel oils. New Generation has developed a blended biofuel product that can be manufactured from a number of new or recycled feedstocks including palm oil, soybean oil, canola oil, Jatropha oil, yellow grease, recycled vegetable oils or animal fats. The ability to manufacture the biofuel from different base materials provides flexibility when there…