Mason-based Agro BioFuels and BioEnergy Inc. will employ 25 to 30 people and drive another 75 to 100 jobs
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Mason-based Agro BioFuels and BioEnergy Inc. will employ 25 to 30 people and drive another 75 to 100 jobs

Sun-21-2016

Mason-based Agro BioFuels and BioEnergy Inc. is looking to build a biodiesel production facility on a vacant 10-acre site near the end of Business Parkway. The plant — which would include a 6,800-square-foot office plus additional space for production equipment — would make fuel from oils and fats derived from plants and animals.

Mason-based Agro BioFuels

This project will create jobs and boost local efforts to grow the renewable energy industry, both of which are good for the Dayton region economy.

Karthik Raghavan is the CEO of Agro Biofuels and Bio Energy and Ramesh Dharmaraj is the CFO. Gerry Smith represents Miller-Valentine Group, which has been hired as developer of the project.

Raghavan and Dharmaraj say the plant will employ 25 to 30 people and drive another 75 to 100 jobs at transportation companies, vendors and other ancillary services.

According to Smith, the plant will be the first of its kind in Ohio.

"It continues to point out how southwest Ohio is the home to lots of innovation," Smith said. “We know how to make stuff here."

Agro Biofuels and BioEnergy is a joint venture between Sim Agro Inc., JatroDiesel in Miamisburg, and other individual investors. Sim Agro Inc is U.S. arm of India-based Agro Pulping Machinery Pvt. Ltd that has been supplying clean pulping systems for pulp and paper industry. JatroDiesel will supply the production technology as a minority partner.

Raghavan tells me the company addressed concerns about smells and hazards to get approval from Carlisle’s planning commission on Thursday. The project has to get final approval by the city council in September and then the U.S. Department of Agriculture, which is expected by the end of this year.

If everything falls into place, construction would start in March and the plant would be operational by this time next year.



Source: http://ukrfuel.com/news-mason-based-agro-biofuels-and-bioenergy-62.html

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