1m facility 'frees' Bahamas Waste from 'petrol lords'

Mon, Feb 21st 2011, 10:00 PM

By NOELLE NICOLLS

Tribune Staff Reporter

nnicolls@tribunemedia.net

Bahamas Waste's $1 million investment in its biodiesel facility will help the BISX-listed company hedge against oil price inflation, which in years past imposed a $500,000 cost increase on it within six months.

The plant converts waste cooking oil supplied by companies such as Bamboo Shack, Burger King, McDonald's, KFC and Wendy's to biodiesel, but Bahamas Waste's manufacturer license for biodiesel production enables it to only use the product to power its own company vehicles and all other mechanical equipment currently using petroleum diesel. It does not permit the company to sell the fuel commercially.

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