Toronto, Canada - (For immediate release) - February 11, 2010
AsiaPac Capital Services Ltd.,announced today that it’s Philippines based
subsidiary, Asiapac Green Renewable Energy Corp. has entered into an
agreement to set up a plantation to grow Jathropa plants from which
biodiesel fuel will be processed.
The Company has entered into a revenue sharing agreement with a group that
owns 300 hectares of land (approximately 741 acres) which will be converted
into a Jathropa plantation. Under the agreement, AsiaPac will be
responsible for the initial planting, harvesting and processing of the
Jathropa, and the landowners will earn a 20% share of the gross revenues
generated therefrom.
(The success of the biodiesel fuel industry relies heavily on biodiesel testing <http://www.youtube.com/watch?v=s32Ke2VzrqU>, not only at the production level but at the consumer level, where degraded fuel may cause engine failures. Of major concern to diesel and biodiesel users is the very real possibility that water has contaminated their fuel. The potential catastrophic impact of this problem is discussed at length in this video at: http://www.youtube.com/watch?v=-lh4qhXc_5s&feature=youtube_gdata.
Fleet Fuel's family of inexpensive biodiesel test kits is just a click away on the internet at:
<http://fleetbiodiesel.com/biodiesel_testing_and_supplies.html>)