Natural Fuel signs up for jatropha oil for its Singapore biodiesel plant
Posted on 17 February 2008 by Luke Hallam
Natural Fuel has announced that it has completed an agreement with GEM BioFuels (GEM) for the supply of crude jatropha oil feedstock for its Singapore biodiesel facility. The supply of the crude jatropha oil will commence in early 2009 at a free on board delivery price of US$500 per tonne, adjusted for inflation, for the first five years of the 10 year agreement.
GEM will initially supply NFL with 2.5% of its Singapore facility production requirements, with supply increasing year on year as its jatropha plantation program in Madagascar develops. By 2013, 55% of GEM’s jatropha production will be provided to NFL, equivalent to 25% of the Singapore plant’s overall feedstock requirements.
Source: Natural Fuel jatropha announcement (PDF) (thanks for the tip Sreenivas)
Is this still on?
Got to hear something soon?
Jeff
- Forums
- ASX - By Stock
- BGC
- very few sellers - shareholders taking a stand
very few sellers - shareholders taking a stand, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online