Blue Diamond Ventures, Inc. announced today that its biofuels trading division has been established and the company expects to move substantial amounts of biofuels soon.

In August, Robert Luiten, a former chief operating officer and vice president of a division of one of the largest ethanol producing companies in Europe and the world's third largest chemical company, with sales of about EUR 33 billion, joined the company in a consulting capacity and has assisted in developing the company's biofuels trading division. Blue Diamond has also launched strategic alliances with several large fuel distributors.

Blue Diamond Ventures, Inc. is an agriculture, biofuels and commercial development company with operations in Belize and the U.S. Blue Diamond's business plan includes ethanol and biodiesel production, tilapia and shrimp aqua farming and raising thousands of acres of soybeans.

SOURCE: Blue Diamond Ventures, Inc.