Industry News

07.28.10

CARBIO FORECASTS ARGENITNA BIODIESEL PRODUCTION TO INCREASE 25% IN 2011

Victor Castro, Executive Director of Carbio, expects Argentina’s domestic biodie...

07.28.10

NEW ARGENTINA BIODIESEL PLANT PROPOSED

Argentina-based ALS Bio plans to build a $10 mln, 60k mt biodiesel plant that wi...

07.28.10

NEW MEXICO BEGINS BIODIESEL MANDATE

New Mexico has this month begun mandating the use of a 5% biodiesel blend by all...

07.14.10

EPA TO REQUIRE 800 MLN GAL BIODIESEL IN 2011

On Monday EPA announced it would require the domestic use of 800 mln gal of biod...

07.14.10

BIOFUEL TAX BREAKS MY BE ATTACHED TO ENERGY BILL

Senators from the US Midwest may attach a long-term extension of biofuel tax bre...

03.26.10

BOTSWANA PLANS JATROPHA BIODIESEL PLANT

Botswana has announced plans to reduce carbon emissions by setting up a 50 milli...

03.26.10

ALBERTA EXPANDS BIOENERGY PROGRAM

Alberta, Canada has expanded and extended an incentive program for bioenergy pro...

03.19.10

CHINA PLANS 1 MIL MT/YR BIODIESEL PLANT

In China, Wuhan Kaidi Holding Investment has announced plans to build a biofuel ...

03.19.10

AIRLINE KLM TO USE BIOFUELS FROM 2011

Dutch airline KLM said it wanted to make commercial flights on biofuel from 2011...

03.19.10

NEW BIODIESEL PLANT PLANNED FOR CANADA

Canada's largest biodiesel plant that will crush 500k mt/yr of canola and supply...

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D1 Oils Founder Resigns

03.11.08

Founder and former chairman of D1 Oils, Karl Watkin, has resigned as non-executive director, days after the biodiesel producer announced it is downsizing its refining business in the UK.

Watkin said he is leaving out of frustration over the investment community's inability to differentiate D1's strategy from that of suppliers of palm, soy, and rapeseed "whose biodiesel products have been well documented as being environmentally unsustainable. This lack of differentiation, combined with the London Stock Exchange's failure to address both the liquidity problems of AIM and the impact of shorting of illiquid stocks, have conspired to erode the value of D1.”

D1 Oils lost more than one-third of its market value on Friday after saying it was considering downsizing in its refining and trading operations.



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