News blog
Viridas
- BY: Andrew Hore |
- POSTED: 26/07/2010 |
- COMMENTS: Add yours
Jatropha plantation developer Viridas may have found a customer for the waste from the crushing of jatropha.
A leading UK energy generator has entered into an agreement with Viridas, although this is not yet a full off take agreement for the bio-mass. The agreement covers up to 240,000 tonnes each year.
The bio-mass is seed cake produced by the crushing of jatropha to produce bio-diesel. Viridas has signed a 10 year jatropha oil supply & development agreement with INEOS Enterprises, which will buy 450,000 barrels of bio-oil each year.
Commercial production should start in Brazil in 2013. Chairman Stanley Wootliff claims that the two deals could be worth $1bn in revenues over 10 years.
Viridas reported a £682,000 loss for 2009. There was £657,000 in the bank at the end of 2009 but since then £850,000 has been raised at 10p a share.
At 5.75p a share, Viridas is valued at £1.89m.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
African Potash Ltd
Phil Edmonds shell African Potash Ltd is buying a potash asset in the Republic of Congo.
Plus Markets Group
Plus Markets Group has put itself up for sale.
Manroy
Heavy machine guns supplier Manroy has reported its first annual figures as a quoted company but the real benefits of its recent investments will not show through until the second half of this financial year.
Hangar 8
Passenger jet manager and operator Hangar 8 is taking a 49% stake in a new Malta-based business, which has been awarded an Aircraft Operators Certificate (AOC).
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|