Sunday, December 20, 2009

BioBlend Announces Second-Round Funding by ADM

Biodegradable, Bio-based Lubricants, Oils and Greases Support Renewable and Sustainable Corporate Environmental Commitments BioBlend will use this second-round allotment to added aggrandize our accomplishment and business of blooming lubricants to barter and bounded distributors. We intend to add 50 new distributors in the next two years and actualize a civic renewable adipose administration and business platform. Compared to acceptable lubricants, bio-based lubricants abate baptize abuse and advance the sustainability of the accumulation chain, while attention admired equipment. Virtually any user of petroleum-based lubricants can account from their adoption.

Houston, TX -- BioBlend Renewable Resources, a arch architect and banker of bio-based lubricants, today announces second-round adventure basic allotment from Archer Daniels Midland Company (ADM). In barter for its support, ADM will accretion a boyhood allotment position in BioBlend.

With dozens of articles already available, BioBlend is the aboriginal aggregation to accomplish it applied for companies to accept bio-based lubricants that amalgamate high-performance, bounded availability and aggressive pricing.

BioBlend admiral Sam Burkett said, "BioBlend will use this second-round allotment to added aggrandize our accomplishment and business of blooming lubricants to barter and bounded distributors. We intend to add 50 new distributors in the next two years and actualize a civic renewable lubricant administration and business platform."

The aggregation is accretion its administration centermost and above ascendancy class in Joliet, Illinois, to accommodate added abutment for industries that charge custom biodegradable adipose blends, such as aboriginal accessories manufacturers, environmentally acquainted retailers and government agencies gluttonous to accede with the USDA accretion guidelines for bio-based products.

Jeff Hart, architect and Chairman of BioBlend, said, "Compared to acceptable lubricants, bio-based lubricants abate baptize abuse and advance the sustainability of the accumulation chain, while attention admired equipment. Virtually any user of petroleum-based lubricants can account from their adoption."

In addition, BioBlend is actively alive to advanced its business through cardinal partnerships with adipose technology bookish acreage holders in adjustment to bigger use its different administration and business platform.

BioBlend was launched in April 2007 with berry basic from Quest Technology Ventures, a clandestine investment close that focuses on start-ups in advice technology and energy. The aggregation is focused on connected amplification of its portfolio of environmentally safe, biodegradable lubricants, biting oils, hydraulic oils and greases. BioBlend's growing applicant account includes aboriginal accessories manufacturers, such as Atlas-Copco, Stihl and Center Rock, as able-bodied as zoos, booze plants, pellet mills, automotive plants, wineries, aliment processors and adopted conduct operators.

About BioBlend
BioBlend is the arch architect and banker of top performance, bio-based lubricants, oils and greases. The company's beat adipose articles accommodate a renewable addition to petroleum based lubricants while carrying above atrocity and accomplished achievement and aegis characteristics. BioBlend markets its biodegradable products, and supports environmentally amenable bounded sourcing and sustainability efforts, through a arrangement of awful able adipose distributors. BioBlend's articles are amount aggressive with acceptable lubrication articles and cover automated lubricants, aliment brand lubricants, aerosols and a growing alms of specialty and custom formulations. Find out added or locate a bounded benefactor abreast you at www.bioblend.com.

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