Natural Fuel signs up for jatropha oil for its Singapore...

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