Vega Biofuels, Inc. confirmed that it has received an order to ship its Bio-Coal product to European Power Companies. The company has entered into an agreement with ECEM Salzburg Energy and Environment Consulting GmbH to sell 50,000 tons of Bio-Coal each year for the next five years. The five year deal will generate approximately $57 million in revenue to Vega.
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- Vega Biofuels, Inc. Confirms an Order to Ship its Bio-Coal Product to European Power Companies