Defense to purchase advanced biofuel Synfining SYNM

The Pentagon contracted to buy 450,000 gallons of advanced drop-in biofuel, the single largest purchase of biofuel in u.s. government history, officials said. The Defense Department's Defense Logistics Agency will buy biofuel -- a tiny fraction of the Navy's yearly fuel budget -- made from a blend of used cooking oil and algae, which will be used in the u.s. Navy's demonstration of a Green Strike Group next summer during the Rim of the Pacific Exercise, the world's largest international maritime exercise, u.s. Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack said Monday in a joint release. Synfining® Process for upgrading FT liquid hydrocarbons into middle distillate products such as synthetic diesel and jet fuels, and the Bio-Synfining™ technology for converting animal fat and vegetable oil feedstocks into middle distillate products such as renewable diesel and jet fuel using inedible fats and greases as feedstock. The 50/50 venture -- known as Dynamic Fuels
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