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Woodland Changes Name to Focus on Biofuels June 21st 2007
Woodland’s board of directors today approved a change of the Corporation’s name to Woodland Biofuels Inc. (in place of Woodland Chemical Systems Inc.) as part of its renewed focus on the strengths of its core business.
“We are confident that our new corporate name properly reflects our current business profile, namely: the production of alternative fuels from cellulosic biomass feedstocks. We believe it is critical for us to project a clear image of who we are to our shareholders and to the biofuels industry generally,” said Gary van Nest, Chairman of Woodland Biofuels Inc.
“The change of name to Woodland Biofuels Inc. builds on our growing recognition in the marketplace, which will be enhanced as we add further patented biomass conversion technologies to our portfolio,” said Greg Nuttall, President and CEO. “For the past seven years, the Woodland name has been synonymous with innovation and cost efficiency. Our new name will draw upon that history of excellence, while at the same time making clear that we are focused on biofuels as our primary market.”
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