SOURCE: Industrial Info Resources

Industrial Info Resources

January 28, 2013 06:30 ET

BIOX Scrubs Plans for New York Harbor Biodiesel Plant, Resumes Production in Hamilton, Ontario, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jan 28, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- BIOX Corporation (TSX:BX) (Oakville, Ontario) has exercised its option to terminate its land lease agreement with International-Matex Tank Terminals (Baton Rouge, Louisiana). The companies had planned to construct a $60 million, 26.4 million-gallon-per-year biodiesel production facility in Bayonne, New Jersey, in the New York Harbor.

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