Jatropha development is moving forward as Abundant Biofuels Corp. offers long term contracts and D1 Oils plc refocuses its business.
Jatropha development is moving forward as Abundant Biofuels Corp. offers long term contracts and D1 Oils plc refocuses its business.
Abundant Biofuels, based in Monterey, Calif., announced the availability of long-term, five to 10 year contracts to supply Jatropha oil to U.S. refiners. “They could be slated to begin in 12 months to 18 months and for any quantity up to 35 million gallons, and we can expand from there,” said CEO and Chairman Charles Fishel. Abundant Biofuel’s first plantings to come into production are in northern Mindanao in the Philippines, where the company is working with…