ABJ australian biodiesel group limited

Sydney - Monday - May 19: (RWE Australian Business News) -...

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    Sydney - Monday - May 19: (RWE Australian Business News) -
    Australian Biodiesel Group Ltd (ASX:ABJ) has been chosen by "a
    subsidiary of a major offshore energy company" as preferred supplier for
    the design, engineering and commissioning services for a biodiesel
    production facility.
    "The offshore market has considerably more favourable regulatory
    conditions to biodiesel production than those of the Australian
    marketplace," Aust Biodiesel CEO Mr Bevan Dooley declared.
    The project is subject to local planning and government
    approvals, final financial close and contract negotiation.
    "The technology offer is closely modelled on ABG's successful
    Narangba facility using the company's proprietary fully continuous flow
    technology.
    "The low capital cost of the facility, coupled with proven
    robust technology capable of processing a wide range of feedstock
    efficiently, were among the chief factors in making ABG the preferred
    supplier of technology," Mr Dooley said.
 
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