D1 plans biodiesel franchises in Australia, New Zealand

By | July 01, 2006
D1 Oils PLC, a UK-based biodiesel producer and refiner, has awarded an exclusive franchise agreement to D1 Australia Limited. D1 Australia will open 16 facilities over the next three years in Australia and New Zealand. To facilitate the purchase and operation of the first four refineries, the company will hold an initial public offering of shares on the Australian Stock Exchange. "We were attracted to D1 by the modular and flexible nature of the D1 20 refinery," said Andrew McGuckin, CEO of D1 Australia.
 
 
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