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Old 05-11-2006, 12:44 PM
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BioDiesel Plant

Chevron takes stake in Texas biodiesel firm

Company building facility that could produce 100 million gallons a year

NEW YORK - Chevron Corp. Thursday said it has taken a stake in a Texas company building a large-scale biodiesel plant.

The biodiesel production and distribution facility in Galveston, Texas, is scheduled for completion by the end of the year and would have the potential to produce 100 million gallons of biodiesel per year.
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