HUGE PROSPECT ON D1 OILS

D1 was originally established in 2002 to focus on the development of a portable refinery technology to produce biodiesel for the UK transport industry. During this period, it was concluded that the high cost of rape seed oil, the main feedstock for biodiesel production in Europe, renders its use commercially unattractive. As a result, D1 explored the economics, suitability and yields of a variety of specific energy crops. During 2003, jatropha curcas was identified as its feedstock of choice and the focus turned to securing output from jatropha plantations.

Jatropha was selected as D1's primary energy crop due to it's high productivity, durability and longevity. Jatropha trees can be grown on marginalised land and are durable to the elements. Furthermore, jatropha can grow in areas of minimal rainfall, although it grows better in areas of higher annual rainfall. Jatropha trees produce nuts, which contain oil, for an average of thirty years and generally have their first harvest within two years of planting. Biodiesel refined from jatropha oil complies with EN 14214, the current European standard for biodiesel. Biodiesel meeting EN 14121 specification is an approved blend when mixed with petroleum diesel.

D1 is now commercialising its D1 20 refinery able to produce eight million litres of biodiesel per annum and will utilise jatropha oil as its main feedstock. D1 believes it can maintain low production costs and produce consistent, high volume quality output through sourcing existing feedstock supplies, cultivating new yields of jatropha on existing plantations and setting up D1 20 refineries regionally. D1 is working with highly regarded agronomy and biotechnology research and development facilities in India and South East Asia and is participating in the establishment of nurseries in a variety of locations in the Asia Pacific region. These nurseries will test imported jatropha seeds against indigenous varieties to determine which will grow best under a region's climatic conditions. In addition, D1 has recently acquired the rights to a proprietary growing media which targets the specific nutritional requirements of jatropha.

The global market demand for biodiesel is growing. International energy and environmental policies have helped to create a demand for biodiesel which is estimated to reach at least 10.5 billion litres by 2010 in the European Union alone. Based on current capacity, feedstock availability and positioning in the market, the global production of biodiesel is expected to reach approximately
3 billion litres by 2010, less than one third of the projected demand in the European Union.

D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. To reach this objective, D1 will manage its operations regionally, securing plantation rights and establishing refinery operations in each region, thus controlling aspects of the supply chain from seed selection through to the sale of biodiesel to end customers.

To this end, D1 has established four regional operations:
UK (Teesside and London) South Africa (Johannesburg) Asia Pacific (Manila, the Philippines) and India (New Delhi).

Cracked the 190 at last will this break-out now?

just seen this thread

for info last week some Italian newspapers had some positive write up for DOO
+/- recomanded to buy long... good product for noy too distant future etc...

I don't hold

Hopefully a BP takeover

i don't envisage a t/o by BP, though there was certainly talk of a JV between them several months ago.

as for a breakout, it has been a long time coming, though i certainly like the company ..... more importantly, i think its focus on non-foodstock seedcorn (couldn't resist that!) which would seem to be tolerant of very poor soils and semi-desert is absolutely the right course

post THE INSIDE LEG - D1 Oils

June 14th, 2007 | Market whispers | No comments.

My man in the dark glasses has been on the batphone again. He is hearing that D1 will announce it has signed a deal with BP - it could even be a takeover. Given the recent track record of my source, you may want to treat this one with caution.

ignoring barefoot as he deserves and expects (lol!), the chart below makes very good viewing, with no further comment required

Im actually a woman and was only posted what was posted on advfn which i thought of intest.....think im more informed than yoo cynic...and yes agree ...the chart is looking good for a golden cross pretty soon!!!!! ;o)

we shall soon see weather the BP rumours are true.......apparently the city believe them!!!!!!

come to think of it, you bared your breast to me some time back! ...... golden cross will demand that 200 dma is rising, which it currently is not ..... for that matter both 25 and 50 dma are running pretty neutral

sp has suddenly shot up another 10p - i.e. now +19 on day ..... no rns, but perhaps one imminent

for info just found this

Biodiesel group D1 Oils says it is in advanced discussions with certain parties regarding a strategic collaboration, but adds that there is no certainty that any transaction will be forthcoming. The company says the statement follows the recent rise in the company's share price.

and BP was mentioned in the FT and a few others...;0)

This further incriminates B.P.
http://www.forbes.com/business/feeds/afx/2007/06/06/afx3792319.html

The times hinted something similar in 'Rumour of the Day'

rather peeved that I sold.

That's Murphy's law Potts unfortunately, I did the same with Sainsbury's and RTD a week before their respective bids though often I have found it is worth buying even after a bid.

me too with RTD

BP in biofuels deal talks

By Mark Kleinman
Last Updated: 1:32am BST 16/06/2007

BP is in advanced talks with D1 Oils about a global joint venture that would help bolster the British energy giant's long-term biofuels pipeline.

The two companies expect to sign a deal within the next fortnight that will involve creating a specialist subsidiary focused on growing, refining and trading supplies of jatropha, a plant which can be converted into fuel.

It is understood that the partnership, on which talks have been progressing for almost a year, could eventually involve BP acquiring a stake in D1.

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The two sides will initially own an equal share of the joint venture.

A sharp rise in D1's share price - up 16 to 216p - forced it to issue a statement yesterday confirming that discussions with an unnamed third party "are now reaching an advanced stage" but warning that there was "no certainty that any transaction will be forthcoming".

BP's appetite for a bigger foothold in biofuels underlines the ambitions of companies such as D1 which have set out to develop lucrative businesses from alternative energy sources.

D1, which declined to comment, is understood to be being advised by Dresdner Kleinwort.

certainly BP were the strongly rumoured party many months ago

Let's hope it doesn't do a pipex, media driven ramping!