Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

D1 Oils Plc (NEOS)

  Print      Mail a friend       Annual reports

Friday 27 July, 2007

D1 Oils Plc

Q2 Business Update

D1 Oils Plc
27 July 2007

Press Release

                        D1 Oils Q2 2007 Business Update

27 July, 2007

D1 Oils plc ('D1' or 'the Company'), the UK-based global producer of biodiesel,
today announces its quarterly business update for the second quarter ended 30
June 2007.



Up to 30 June 2007, D1 has planted or obtained rights to offtake from a total of
175,081 hectares of jatropha worldwide. This represents an increase of over
18,000 hectares on the total of 156,741 hectares as at 31 March 2007, as
announced in the quarterly update on 2 May 2007. The increase in planting is
accounted for predominantly by planting in India, with planting under contract
farming in the North East with Williamson Magor making particularly good

The cumulative position at 30 June 2007 is summarised in the table below:

                        Managed    Contract    Seed purchase       Total
                    plantations     farming   and oil supply    hectares
India    South                -       7,984                -       7,984
         North East           -      21,640            2,000      23,640
         Rest                 -       5,093           22,924      28,017
                              -      34,717           24,924      59,641
Africa   Swaziland        1,227           -            8,017       9,244
         Zambia           2,411      20,760                -      23,171
         Rest                 -           -            8,629       8,629
                          3,638      20,760           16,646      41,044
South    China                -           -           28,000      28,000
East     Indonesia            -      36,640                -      36,640
Asia     Rest                 -       4,780            4,976       9,756
                              -      41,420           32,976      74,396
Total                     3,638      96,897           74,546     175,081

The level of investment costs and security of future oil supply from planting
are proportional to the degree of direct involvement by D1 and its partners.
Managed plantations are those farms where land and labour is controlled by D1,
either through its subsidiaries or joint venture partners. Under contract
farming, the farmer plants his own trees on his own land. D1 and its partners
assist with the provision of seedlings and the arrangement of bank finance for
planting, and offer a buyback of harvested seeds with an offtake agreement. We
provide support and advice during cultivation, and monitor the condition of the
crops. Seed and oil supply agreements are arms-length supply contracts with
third parties whereby D1, either directly or through joint venture partners, has
offtake arrangements in place over future output from jatropha plantations which
the third party is developing. D1 has limited involvement in this planting and
relies on third parties to measure and manage the crop effectively.

New planting agreements

We have recently signed two significant planting Memoranda of Understanding
(MOU) in Indonesia. The first, with PT Astra Agro Lestari, part of the Jardine
Matheson Group and the largest publicly traded agribusiness in Indonesia,
concerns the creation of a 500 hectare Jatropha curcas pilot plantation,
planting of which is planned to start in Q4 2007. Should this pilot proceed
well, the aim is to carry out significant planting on a commercial basis.

The second is a tripartite MOU between PT Medco Energi International, PT Mambruk
Sarana Interbuana and D1 Oils Asia Pacific, and concerns a 500 hectare pilot
plantation in West Java. Planting operations will commence in Q4 2007 with the
intention to expand to 10,000 hectares. PT Medco International is a publicly
listed integrated energy company. PT Mambruk is one of the pioneers of solar
energy in Indonesia.

Plant science

Multiplication of our first 'E1' elite seed material, selected for higher yield
and good biodiesel profile, is now fully underway in all three regions. We are
on track to plant 50,000 hectares of E1 elite seed in 2008.

Refining and trading

Commissioning work continues on our fifth D1 20 refinery unit at our Teesside
site. This is the first of our upgraded D1 20 units and has an enhanced capacity
of 10,000 tonnes per year. We expect the unit to be in beneficial operation by
September 2007, increasing the production capacity of our Teesside site to
42,000 tonnes.

Work on the first phase of operations at our Bromborough site to convert the
existing facilities for production of biodiesel continues on track. Process
commissioning is underway and on schedule. It is expected that the Bromborough
site will be in beneficial operation before the end of the year.

Elliott Mannis, Chief Executive Officer of D1 Oils, commented:

'The planting figures demonstrate continued strong progress. We are particularly
pleased with the operations in India, where our partners continue to plant
vigorously. Our plant science programme is also well on track to deliver the
elite seed for the planting of the first higher yielding varieties of jatropha
in 2008. In UK refining, we continue to expand our UK refining capacity
prudently in advance of the implementation of the UK Renewable Transport Fuels
Obligation next year. The commissioning of our fifth D1 20 refinery on Teesside
and the expansion of capacity at Bromborough will give us a solid base for
future growth as the market develops under the impact of the new regulations.'


D1 Oils:
Graham Prince, Head of Corporate Communications
Tel:    +44 (0) 1642 755580
Mobile: +44 (0) 7973 323840

Brunswick Group:
Mark Antelme
Tel:   +44 (0) 20 7404 5959

Notes to Editors

D1 Oils plc is a UK-based global producer of biodiesel. We are building a global
supply chain and network that is sustainable and delivers value from
'earth-to-engine'. Our operations cover agronomy, refining and trading. We are
pioneering the science, planting and production of inedible vegetable oils; we
design, build, own, operate and market biodiesel refineries; and we source,
transport and trade seeds and seedlings, seedcake, crude vegetable oils and

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

a d v e r t i s e m e n t