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Biodiesel newsCrimea Initiates Construction Of Plant Producing Biofuel In Radianskyi DistrictThe project of the construction of plant producing biofuel has been developed by Ukrainian Corporation of Biomass Fuel Producers and at present, the Crimea's authorities are looking for the investor. 4 December 2007 Finland's Neste invests $810M in biodiesel plant in SingaporeNeste Oil Corp. announced plans Friday to build a renewable biodiesel plant in Singapore that is expected to be online in 2010, in a project valued at 550 million euros ($810 million). 1 December 2007 RENEWABLES: Russian Republic of Tatarstan To Export Biofuel to Europeplanned biodiesel factory in the Russian republic of Tatarstan will initially export all of its production to European countries, Russian Agriculture Minister Alexei Gordeyev told media on November 27, 2007. European countries are willing to purchase biodiesel from Russia because they do not have enough cultivation land to spare for biofuel production, he added. 29 November 2007 Êîììåíòàðèè: 1 Belneftekhim to submit biodiesel program to govt Nov 22Belarus' state petrochemical concern Belneftekhim will submit to the government its diesel biofuel program on November 22, said Grigory Ushkevich, the deputy head of the investment and development department with the concern. 22 November 2007 LANDKOM Group to Expand Rape-Sown AreaUkraine's LANDKOM, a major rape grower in Lvov Region, said it had raised $110.85 million by floating 54% of its shares on the London Alternative Market. 19 November 2007 Êîììåíòàðèè: 10 Germany- Oilseeds and Products: Farmers Plant Less Rapeseed for 2008 Due to Price Relation to WheatGerman rapeseed production in 2007 is estimated at 5.3 million metric tons (MT) compared to 5.34 million MT in 2006. The increase in rapeseed area was offset by lower yields. All through 2007, rapeseed prices have been higher than in 2006. However, in August 2007, when plantings for the 2008 rapeseed crop occurred, the gap between rapeseed and baking wheat prices had narrowed to the extent that farmers reduced their rapeseed planting by about 8-10 percent according to industry estimates. 18 November 2007 Êîììåíòàðèè: 1 INTERVIEW-Producers see rise in Ukraine vegoil output, salesRecord high world prices and strong demand will prompt Ukraine to raise vegetable oil output and exports, but it also has to limit rapeseed sales to boost local biofuel production, producers said on Wednesday. 14 November 2007 Tomsk company constructs plant in Omsk regionTomsk group of companies Prod-Rx has started construction of plant on rapeseed oil production in Tavricheskiy area of Omsk region. The project's investment volume has already accounted for RUR 150 million. The plant's first turn is planned to process 120 thousand tones a year. In future Tomsk company intends to launch a biodiesel production on the plant. 7 November 2007 NASHA OLIYA to Build Seed Oil Extraction Plant in Kharkov RegionThe NASHA OLIYA company (Kharkov Region, Ukraine) will invest E30 million in the construction of a seed oil extraction plant in the region. 2 November 2007 Êîììåíòàðèè: 1 From the Editor - Opec to boost crude supplies, but prices hit new record high.At its much-heralded meeting on 10-11 September, Opec unexpectedly agreed to increase production by 500,000 b/d from 1 November. Apparently unimpressed by Opec's decision, spot prices for WTI* immediately rose to a new record of $79.6/b, having briefly moved above $80/b the highest dollar value ever recorded, but still below 1979's inflation adjusted $90/b short-lived peak. 30 October 2007 |
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