Hit by the high cost of feedstocks, biofuels players Mission Biofuels Ltd and Australian Renewable Fuels Ltd are both seeking to adapt their strategies as rising agricultural product prices disrupt their business models.
Perth-based Mission Biofuels Ltd has signed another exclusive feedstock deal with a government controlled entity in India, through its Indian subsidiary, Mission Biofuels (India) Pvt Ltd.
Perth-based biodiesel producer Mission Biofuels Ltd has officially opened its first biodiesel and glycerine purification refinery in Kuantan, Malaysia, which is set to start commercial production next month.
Perth-based biodiesel producer Mission Biofuels Ltd, which acquired a 20 per cent stake in its Indian subsidiary on Monday, has increased its holding in the company to 97.6 per cent, after the minority partner chose not to participate in a rights issue.
Perth-based Mission Biofuels Ltd's Mauritian subsidiary Mission Agro Energy Ltd will acquire a 20 per cent stake in the company's Indian joint venture, taking its holding to 90 per cent, the company has announced.
Perth-based biodiesel producer Mission Biofuels Ltd has completed construction of its 100,000 tonnes per annum Biodiesel Plant at Kuantan Port, Malaysia, with commissioning to be completed by mid-September, the company has announced.
Perth-based biodiesel producer Mission Biofuels Ltd increased the value of a capital raising to fund its Indian and Malaysia expansion plans to $65 million from $50 million after securing increased investor interest, the company announced today.
Shares in Perth-based biodiesel producer Mission Biofuels Ltd jumped more than 12 per cent on news of a $50 million capital raising to fund its Indian and Malaysia expansion plans, proving there is energy yet in the listed biofuels sector.
Perth-based biodiesel producer Mission Biofuels Ltd has announced plans to enter the Chinese market after signing production and off-take agreements with two Chinese companies.
Perth-based biodiesel producer Mission Biofuels Ltd has announced the Malaysian Government has approved the company's application for a license to establish an additional 200,000 tonnes per annum biodiesel facility.
22 May 2006
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