The main activity of Biofuels is the large scale production and exploitation of biodiesel and glycerine following the construction and commissioning of the initial plant.

Biodiesel is produced from vegetable oils and, as an environmentally friendly product, can make a significant contribution towards reducing green house gases and meeting Kyoto targets.



RNS's from BFC can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=bfc&go.x=17&go.y=8

http://www.biofuelscorp.com/

I gave them a ring yesterday and they sounded very confident that the plant would be finished by July this year. They have already secured 40% of their sales to one particular client. Though they didn't say who it was.

Just got this in my inbox from digital look.


Shells chairman made a brave statement yesterday when he said that global warming and global dimming were potentially disastrous for the worlds environment and that governments needed to make renewable and more environmentally friendly energy sources more economical, and suggested that as a result it was hard to imagine Shell doing business in the same way in 30 years time as it is now, but went on to state that this in itself was not a reason for the oil major to be frightened


Its good that the oil majors are now starting to realise the potential of renewable fuel and that how the enviroment is an important issue. It will be interesting to see if the goverment starts to push this forward at a quicker pace.

wilbs

wilbs - do Biofuels mix the biomass/ ethanol with conventional gasoline? ie although it is cleaner, the vast majority of the fuel burnt will still be carbon based?

This global dimming is a real shocker. As I understand it, scientists have been baffled that with global warming the planet has not heated up more (only 0.7 degrees this century). Now the answer for why that is so low, seems to be global dimming (whereby pollution obscures the heating up of the planet). To a certain extent the two cancel each other out. The irony is that if we use cleaner fuels, global dimming will reduce and the planet will heat up - the ice caps will melt and London will drown (and I live by the river).

Theres nothing like cheerful thoughts!

rgrds
gk

gallick,

hope this is of some help.



Biodiesel

Traditional diesel is produced from mineral crude oil. Biodiesel is produced from a variety of vegetable oils, including but not limited to rape, canola, soy, linseed, palm, coconut, mustard and cotton oils. It can also be manufactured from tallow oil and yellow grease (used cooking oils).

Biodiesel has emerged as a realistic and desirable alternative, or blended addition, to mineral diesel and is becoming an increasingly valuable contributor to the worlds response to greenhouse gas emissions. It has been in general pure use for the last 10 years in continental Europe. However, the majority of the UK biodiesel produced is expected to be used as a 5 per cent. blend with mineral diesel. As an additive to ULSD a blend of biodiesel will restore lubricity, lost due to the reduction of sulphur compounds, as well as adding environmental benefits.

Advantages of biodiesel include the following:
Negligible sulphur content;

Zero aromatic content (toluene and benzene);

Comparable energy and power content;

Flash point of 300oF against 137oF for mineral diesel;

Significant reduction in particulates (soot) and hydrocarbons;

70 per cent. reduction of carbon monoxide emissions in diesel exhausts;

Non toxic and biodegradable; it is fully degraded from a waterway environment within approximately 20 days; and

Significant lubricant characteristics enabling a reduction in wear and extended efficiency for injectors, for all engines using ULSD, hence resulting in lower maintenance costs


http://www.biofuelscorp.com/biodiesel.htm


wilbs

She is on the way up!! Don't stop baby!!!

Cheers for that wilbs. I suspect that with Blair pushing climate change up the agenda, BIO will get more media attention/newsflow

rgrds
gk

No problem gallick. I think all the parties will strongly be pushing it in their agendas. Well lets hope so.
wilbs

Been long since 7th Jan. Finally made a move. ;-))

Smokin !!!

Its on fire!! I would say that there will be an update soon cos it should not shoot up like this when the place aint even built!!
wilbs

Good volumes too. ;-)

I emailed biofuels on the 20th but never had a reply. They have not updated their website either of new photos of the development. They must be much more ahead than this?

http://www.biofuelscorp.com/photos.htm

wilbs

Hi Wilbs on another thread too, I see.

Your talk of writing to the company, also thoughts on SEO and ASC etc. Anyone know a website where you can easily check out major (i.e. notifiable) holdings. Always interested to know if the institutional boys are in yet with a big overhang from original placing, or whether they haven't started yet. Could explain alot of SP movement with no apparent trading or corporate rationale.

Topped up again today. Could be a little dangerous, since profit-takers could step in after this weeks rise, but I'm confident this is on a rising trend taking 6 month view. Projected PE is incedibly low.

rgrds
gk

I want to topup if the price does drop. BFC got a slight mention in shares mag last week and the fact that blair was rambling on about greenhouse gasses and global warming IMHO helped the price movement. If we dont get an update from the company soon I think the sp will fall slightly just like from the high of 200p to 140p.All IMHO though!!
wilbs

http://www.uk-smallcaps.com/BioFuels.html

Saw that last week. Conrad was in shares mag the other week on the trading profile page. He also posts some of his research reports on the other side under the name of mrkournikova.
wilbs

You may also be interested in D1 Oils (DOO) which is rapidly expanding its African, Indian and Chinese plantations of Jotropha bean trees from which it extracts biodiesel using local converters, thus helping local investment/industry/employment - classic case is paying vanilla farmers (who grow Jotropha trees as a prop for the vanilla vines to grow on anyway) to harvest otherwise unused J-beans. Also reduced transportation costs. All v. bio-good (remember the old WWI song "Good-bio, good-bio, wipe the oil, baby doil, from your eye-o")

DOO plan to plant millions of hectares worldwide (tropical wide actually) and are ahead of plans using local capital to boot in some cases, so enhancing shareholder value.

I took an each way punt on BFC and DOO the day the latter was listed on AIM at the end of October. It too has been showing a bit of action recently.

Big drop today, think we may see the 50's by the end of the week with no news. I will topup if it does.
wilbs

Seems to have come off the bottom today - looks like there is support. Can't see the 150's yet. Medium term, the chart looks good!

rgrds
gk