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Landkom says on track with Ukrainian land bankReuters News LONDON, April 10 (Reuters) — London-listed Landkom International said on Thursday it was on track to create a major agricultural plot in western Ukraine, having secured 50,000 hectares and planted 10,000 by the end of last year. The company, which pieces together smallholdings owned by villagers, listed on London's junior AIM market last November and is valued at around 182 million pounds ($358.6 million). «We are developing some real momentum, with the group on target to build our land bank to some 115,000 hectares by the end of 2008,» said Landkom Chief Executive Richard Spinks in the company's results statement. «With both wheat and oil seed rape at historic price highs, we are very well placed to maintain our rapid growth.» Landkom aims to become Europe's largest producer of oilseed rape, wheat and other agricultural feedstock within three years. Western Ukraine's farmland, close to the Polish border, is less developed than in the east. High prices for wheat and oilseed rape, used as a biofuel to meet tightening European Union laws on transport fuels, and a drought in east Ukraine have made it increasingly attractive. The company reported revenues for the eight-month period to Dec. 31 at $6.6 million and a pretax loss of $1.3 million. Shares in Landkom have risen 75 percent to 91 pence since the company floated at 52 pence per share on AIM. Landkom said it would continue to buy land and focus on planting targets, harvesting and yield maximisation whilst retaining a low cost base. (Editing by Will Waterman)
Date: 10.04.2008 Comments:Leave your comment
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Unfortuantely, it is a bit more complicated than Marjorie makes it sound. You connat seperate cooking oil into biodiesel and glycerine buy simply heating it up. Biodiesel is a compound know as methyl-esters or ethyl-esters, the distinction coming from which alcohol you use with your catalyst. In order to produce biodiesel you have to break the chemical bond in the oil. Below I will outline the process. If you want more specifics, please email me and I will be happy to send them to you.1 Collect used oil2 dry the oil- Heat to a temperature greater than 212degrees.3 Titrate the oil. you will need to know the ph of your oil in order to use the right amount of catalyst4 Mix Methanol or Ethanol with Cataylst (NaOH). Produce Methoxide5 Mix with oil for aprox 1-2 hrs.6 pump into seperating tank takes aprox 24 hrs to settle out.7 pump the biodiesel into a water wash tank. let settle again.8 pump into storage tank or your fuel tank.I have been making biodiesel for the past 8 years with various rigs that I have made myself. The simplist was 3) 55 gallon drums, and old water heater and 2) water pumps from habor frieght. I use 100% in my truck and then mix a 55 gallon drum into my heating oil tank. My final cost per gallon is about $.50 per gallon not counting my labor and the propane I use to dry the oil.
Unfortuantely, it is a bit more complicated than Marjorie makes it sound. You connat seperate cooking oil into biodiesel and glycerine buy simply hea, 13.04.2012 23:05:55