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Biofuels Corporation has announced plans to build two more biodiesel plants next to its existing site on Teesside by the end of 2008, increasing the workforce from 50 to 100.
Biofuels Corporation is considering plans to set up a second biodiesel plant, having secured contracts for the sale of most of the output from the first plant due to open on Teesside in September.
Biofuels Corporation has started to recruit 30 staff for the £21m biodiesel plant being built on Teesside, and production is expected to start next June.
Biofuels Corporation is planning to raise £14m in a flotation on Aim next month, in order to help build a £21m biodiesel production plant on Teesside by early 2005.
Biofuels Corporation has announced plans to build a £25m biodiesel production complex at Seal Sands on Teesside, with the creation of 75 jobs.
Biofuels Corporation is considering sites in Middlesbrough, Liverpool and Hull to set up the world's largest biodiesel production complex, with the creation of up to 70 jobs.