BIOX Scrubs Plans for New York Harbor Biodiesel Plant, Resumes Production in Hamilton, Ontario

SUGAR LAND--January 28, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--BIOX Corporation (TSX:BX) (Oakville, Ontario) has exercised its option to terminate its land lease agreement with International-Matex Tank Terminals (Baton Rouge, Louisiana). The companies had planned to construct a $60 million, 26.4 million-gallon-per-year biodiesel production facility in Bayonne, New Jersey, in the New York Harbor.