D1 Oils enters the Philippine market

July 1, 2005

U.K.biodiesel producer D1 Oils PLC continued its worldwide jatropha crop expansion by expanding interest in the Philippine Islands. The company announced an agreement between its subsidiary, D1 Oils Asia Pacific Inc., and Atlas Consolidated Mining and Development Corp., a tier-one Philippines mining and resource company, to cultivate jatropha on degraded lands previously used in mining operations. Jatropha-D1 Oils' choice biodiesel feedstock known for its restorative properties-will cover 7,000 hectares of impacted land in the Philippines, providing feedstock for biodiesel to power off-grid mining projects.

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