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American Biofuels To Increase Biodiesel Production To 40 Million; Daimler-Chrysler Expands Use of Biodiesel.


BAKERSFIELD, Calif. -- American Biofuels, L.L.C. (ABF ABF Arbetarnas BildningsFörbund
ABF American Breakfast (Thailand Hotels)
ABF Associated British Foods plc (London, UK)
ABF Association des Bibliothecaires Francais (French) 
), which is 35% owned by Green Star Products, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:GSPI GSPI Gail Seymour Productions ), announced today that it expects to increase biodiesel production to 40,000,000 gallons per year in 2006.

This is a significant amount since the entire biodiesel production in the United States was only 66-million gallons in 2005.

The expansion of biodiesel consumption in the U.S. is being fueled by several factors that include the following:
1)  Biodiesel is now selling at or below the price of regular diesel.
    The effect is that biodiesel is no longer a specialty market; it
    is now in the mainstream of the fuel distribution system with
    demand expected to increase by several hundred percent over the
    short term.

2)  Daimler-Chrysler (US:DCX) is the first automobile manufacturer to
    approve the use of B-20 fuel (20% biodiesel and 80% diesel) in its
    commercial fleet customers including military and government
    vehicles (see press release by Daimler-Chrysler dated January 20,
    2006). Chrysler Group President and CEO Tom LaSorda went on to
    say, "Biofuels represent a huge opportunity to reduce consumption
    and our dependence on foreign oil."


Daimler-Chrysler's announcement follows many other nationwide commitments to use biodiesel, including Governor Arnold Schwarzenegger and Senator Roy Ashburn's legislation to reduce Global Warming gases and reduce our dependence on foreign oil for the State of California by the use of biodiesel (see Green Star Products press release dated October 4, 2005); also, Governor Pataki's announcement to increase the use of biodiesel for fleet vehicles and in home heating oil for the state of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 (see Green Star Products press release dated December 1, 2005).

In response to these major commitments by legislators, ABF is planning to increase its production of biodiesel on both the East and West Coast.

ABF is planning a new 20,000,000-gallon per year East Coast facility to supply New York State and surrounding states and expects this facility to be in production by late 2006.

ABF is also expanding its existing production biodiesel plant in Bakersfield (see Green Star Products press release dated December 2, 2005) to service California. ABF originally expected its existing 5-million gallon per year biodiesel plant to complete its expansion to 10-million per year by January 2006. However, this expansion in Bakersfield will not be completed until March 2006, because ABF decided to increase certain designs to accommodate even further expansion later this year. ABF is planning to commence further expansion to increase the production capacity beyond 10-million gallons per year to 20-million gallons per year, with an estimated completion date by late 2006.

The expansion of the Bakersfield plant will be done without interfering with current biodiesel production and delivery to present customers. Bakersfield Plant expansion pictures are available at GreenStarUSA.com.

American Biofuels has been a member of the National Biodiesel Board The National Biodiesel Board, headquartered in Jefferson City, Missouri, was created in 1992 by America's soybean interests with the express purpose of getting biodiesel accepted into America's fuel mix.  (NBB NBB Nationale Bank van Belgie
NBB National Biodiesel Board (Jefferson City, MO)
NBB National Bank of Belgium (Brussels)
NBB Nederlandse Bridge Bond
NBB Non-Blow Back
) since 2001 and in the same year received its registration for three EPA EPA eicosapentaenoic acid.

EPA
abbr.
eicosapentaenoic acid


EPA,
n.pr See acid, eicosapentaenoic.

EPA,
n.
 certificates for its biodiesel fuel and fuel additives. ABF was also approved to participate in the U.S. Department of Agriculture (USDA USDA,
n.pr See United States Department of Agriculture.
) Bioenergy Program (http://www.fsa.usda.gov/daco/bio_daco.htm), which pays producers cash incentives for biodiesel production.

Green Star Products, Inc. is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. GSPI is involved in the production of renewable clean-burning biodiesel and other products including lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see GSPI'S Web site at http://www.GreenStarUSA.com or call Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 "GSPI."

Forward-looking statements in the release are made pursuant to the "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 27, 2006
Words:718
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