Biodiesel manufacturer China Biodiesel International joined Aim in June 2006, when it raised £6.6m from a share placing at 85p a share. China Biodiesel has its own technology to convert waste oil into biodiesel. There are also other byproducts, which can be used to produce phosphate-free detergents and toxin-free plastic packaging. The business was established in 2001 and the original plant is in Longyan in the Fujian province of China. A new factory is being commissioned near Xiamen in Fujian province.