D1 Oils' joint venture penetrates Saudi biodiesel marke

April 1, 2005

U.K.-based D1 Oils has partnered with Jazeera For Modern Technology (JMT) to create D1 Oils Arabia Limited. The 50/50 joint venture will produce biodiesel from jatropha feedstock planted on 5,000 hectares (12,350 acres) contributed by JMT for the pilot plantation. JMT will make an additional 100,000 hectares (247,000 acres) available upon successful completion of the pilot. D1 Oils will provide the partnership with its proprietary knowledge on jatropha nutrition and its "D1 20" refineries, modular units that produce 8,000 metric tonnes per year. JMT will provide D1 Oils Arabia with working capital.

Advertisement

Advertisement

Advertisement

Advertisement

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement