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Australian Biodiesel Group finding local market tough
Australia's largest biodiesel producer, Australian Biodiesel Group, has announced that it is looking to raise AUD$15.9 million (US$12.4 million) to launch a new business plan after a difficult year in 2006. The money will be via a rights issue at 5c per share which values the company significantly below its current share price. Changes to the Australian biodiesel market, including biofuels legislation, negatively impacted the company during 2006, which is now positioning itself to expand into North America where it is believed profits will be ... Read more →
Australian Biodiesel Group suffering production, biomass shortages Sebastian Blanco
A drought in Australia will have dire consequences soon for Australian Biodiesel Group, which is predicting a net loss of AU$10.8 million. The drought is affecting the availability of canola and ...
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Australian Biodiesel Group finding local market tough 2 years ago on Autoblog Green
Australia's largest biodiesel producer, Australian Biodiesel Group, has announced that it is looking to raise AUD$15.9 million (US$12.4 million) to launch a new business plan after a difficult year in 2006. The money will be via a rights issue at 5c per share which values the company significantly ...
Australian Biodiesel Group suffering production, biomass shortages 3 years ago on Autoblog Green
A drought in Australia will have dire consequences soon for Australian Biodiesel Group, which is predicting a net loss of AU$10.8 million. The drought is affecting the availability of canola and other oils. Combine this drop in supply with a fall in the price of diesel and you've got the makings of ...
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