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/

Nice one Madison.
I have just watched the video of the article
"Bio-fuels help tackle climate change" on BBC NEWS site, search under video and audio.

They say production by the end of this year.

I suspect you're right Jimmy, time to close your short now Nigel.

Share price rising nicely, are there some good rumours out there for a change?

Up it goes again Frampton 12.5p so far,, nice..

Biofuels Corporation PLC
10 November 2005


Biofuels Corporation plc


UK Government Proposals on Biofuels


Biofuels Corporation ('Biofuels'), which is in the final stages of commissioning
the UK's largest biofuels plant in Teeside, welcomes the announcement this
morning by the Secretary of State for Transport, Alistair Darling, requiring 5%
of all UK fuel sold on UK forecourts to come from a renewable source by 2010.

The move - known as a Renewable Transport Fuels Obligation ('RTFO') - was
announced at the Environmentally Friendly Vehicles Conference in Birmingham,
where representatives from international Governments and industry met to discuss
ways to promote greener vehicles.

Sean Sutcliffe, Chief Executive, of Biofuels said:

'The announcement this morning underlines the vital role biofuels will play in
reducing carbon dioxide emissions and tackling the issue of climate change.
Biofuels Corporation looks forward to contributing to the one million tonne
reduction of Carbon Dioxode achievable at the 5% level.

'We believe the target could be much higher and will work with the Government on
determining future target levels and on efficient RTFO implementation, to help
ensure that it stimulates further investments in biofuels in the UK.'

10 November 2005


Enquiries:

Biofuels Corporation plc 01642 345683
Sean Sutcliffe

College Hill 020 7457 2020
Mark Garraway




This information is provided by RNS
The company news service from the London Stock Exchange

Not THE RNS we're waiting for, but it's done wonders for the share price none the less, lets hope news on the plant isn't far behind.

I think it's great news ,just a matter of time now ,,hope the SP carries on like this .

I agree it's great news Jimmy, hopefully we won't see the likes of 140 again, going in the right direction again this morning. So long as we don't have too long to wait for the plant to be up and running....

Well it does say ,,in the final stages of commissioning .so here's hoping..

This share has got great potential, I reckon 220 by the end of the month.

rather worrying announcement:

Biofuels Corporation PLC
17 November 2005


Biofuels Corporation plc

('Biofuels' or 'the Company')


Temporary suspension of shares


Biofuels announces that dealings in its shares have been temporarily suspended
at the Company's request pending the conclusion of discussions with its bankers
and equity providers regarding its ongoing funding requirements.


The future viability of the company is dependent on the successful conclusion of
these discussions.


A further announcement will be made as soon as practicable.


17 November 2005

Shares suspended this morning. Anouncement sounds rather alarming.

Anyone have any info?

Looks like the dream is over and going bust

No info , don't know what to make of this

Frampton , any view ? have they just run out of money or is the plant delayed again so the banks have pulled the plug.

yeah - does sound rather alarming particularly as they mention the "future viability"......i don't like this.......perhaps the final testing stage has shown them that things need fixing (that is if they actually were testing - or simply buying time with that announcement).......either way, they are not delivering to us what we want ! and it doesn't seem as though this banking issue has anything to do with further plants being constructed......

is the management really that bad in regards to running a project ????

I'm beginning to think they are .

Curious that statement last week made no reference to company's problems, but writing on the wall at time of EGM in Sept (several posts at the time). Could be a long weekend negotiating for those involved, seems too far advanced for it to just fail, but little comfort likely for ordinary shareholders.

yeah....but at least the current sp isn't up near 3, so the base should be closer, if it does fall from the 140's......could still slump dramatically though.

(this leads to me to wonder what the Evil one knows about many of these stocks- cos he may have called this one right as well......although no doubt he has buddies in all the right places too, on top of his supposed forensic accounting acumen)

Hi Jimmy,been out since 9.00, only just seen the anouncement, so am in a state of shock. I always had my niggling doubts about the way the management have handled everything, but still thought shareholders would be the ones to make money from this plant (someone is going to for sure unless its been suspended because commissioning has shown the plant doesn't work), what a mess they've made. This has to be very bad news indeed: I think we are unlikely to get very much, if any, of our money back. I'm feeling quite sick at the moment as I am up to my neck in this share.