This demonstrates that GreenShift certainly has the ability to surprise. . .
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Picture of Richard Spinks, 42, British Entrepreneur in the Ukraine
Picture of Richard Spinks, 42, British Entrepreneur in the Ukraine
Developers Target Ukraine For Integrated Feedstock And Biofuel Refinery
By Business Wire 02/23/10 - 09:18 AM EST
Alternativa (IOM) Limited and GreenShift Corporation (OTC Bulletin Board: GERS) today jointly announced that they have entered into an exclusive supply and cooperation agreement for the purpose of designing and developing sustainable integrated feedstock and renewable energy production facilities.
Alternativa’s team is excited at the prospect of working with the cutting edge technologies available from GreenShift. Our team has deep experience in the production of Biofuels Feedstocks and, with the proprietary technologies that GreenShift brings to our projects, we are confident that we can be a leading low-cost producer of biofuels with best-of-class production facilities.”
Greg Barlage, GreenShift’s Chief Operating Officer added, “Alternativa has a strong business model and a team with the skill-sets needed to successfully develop projects in difficult environments. Alternativa’s team is very experienced in Ukraine, Russian and other Central and Eastern European markets, with a strong understanding of the local business climate. The Ukraine project has the potential to pioneer Ukraine’s move to renewable energy, while providing economic stimulus, increased employment and a valuable contribution to addressing the challenges posed by global climate change. We are excited to have the opportunity to partner with Alternativa in its development of this and future projects.”
Spinks concluded: “GreenShift focused on feedstock development years before the rest of the market, and has since invented and commercialized technologies that have created the first scalable large-quantity, second-generation feedstock model world-wide – a model the U.S. EPA recently predicted will contribute an incredible 680 million gallons per year of feedstock to the renewable fuels industry by 2022. We are excited to have GreenShift’s experience and support at the start as we build facilities that we hope will set a new standard for the sustainable production of renewable energy products.”
The market for rapeseed in the European Union (“EU”) is strong, and is characterized by high prices resulting from significant localized demand for rapeseed oil for food and biofuel uses. The volume of rapeseed production has grown substantially in recent years within Ukraine, as the Ukraine government has focused on renewable fuel production.
Alternativa’s Ukraine project can be expected to provide a strong, stable base of local demand that Ukraine growers can rely on to increase rapeseed crop production to serve the domestic requirements of Ukraine as well as exports into the EU. Alternativa has already entered into a
long term agreement with a major producer of rapeseed towards providing the feedstock for its first planned Ukraine project.
About AlternativaAlternativa (IOM) Limited is the latest company to be established by British businessman Richard Spinks, the former Chief Executive Officer of Landkom International PLC (LSE:LON), a company he founded in 2005 and built to become one of Ukraine’s leading rapeseed growers and the first to achieve a listing on the London Stock Exchange in November 2007. Mr. Spinks has been successfully founding and growing businesses in the Central and Eastern European markets since 1989. His vision has been and remains to develop and bring fully integrated Agricultural and Renewable Energy Production Assets to the market, thus bridging the gap between reliable feedstock supply and reliable energy production. Mr. Spinks has assembled Alternativa’s highly capable development team with proven leaders from 7 countries with strong Finance, Legal and Operational backgrounds, priming Alternativa to establish itself as a leading low-cost producer of renewable energy products with best-of-class production facilities.
REST of Article Here:http://www.thestreet.com/story/10687183/1/developers-target-ukraine-for-integrated-feedstock-and-biofuel-refinery.html
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By Business Wire 02/23/10 - 09:18 AM EST
Alternativa (IOM) Limited and GreenShift Corporation (OTC Bulletin Board: GERS) today jointly announced that they have entered into an exclusive supply and cooperation agreement for the purpose of designing and developing sustainable integrated feedstock and renewable energy production facilities.
Alternativa’s team is excited at the prospect of working with the cutting edge technologies available from GreenShift. Our team has deep experience in the production of Biofuels Feedstocks and, with the proprietary technologies that GreenShift brings to our projects, we are confident that we can be a leading low-cost producer of biofuels with best-of-class production facilities.”
Greg Barlage, GreenShift’s Chief Operating Officer added, “Alternativa has a strong business model and a team with the skill-sets needed to successfully develop projects in difficult environments. Alternativa’s team is very experienced in Ukraine, Russian and other Central and Eastern European markets, with a strong understanding of the local business climate. The Ukraine project has the potential to pioneer Ukraine’s move to renewable energy, while providing economic stimulus, increased employment and a valuable contribution to addressing the challenges posed by global climate change. We are excited to have the opportunity to partner with Alternativa in its development of this and future projects.”Spinks concluded: “GreenShift focused on feedstock development years before the rest of the market, and has since invented and commercialized technologies that have created the first scalable large-quantity, second-generation feedstock model world-wide – a model the U.S. EPA recently predicted will contribute an incredible 680 million gallons per year of feedstock to the renewable fuels industry by 2022. We are excited to have GreenShift’s experience and support at the start as we build facilities that we hope will set a new standard for the sustainable production of renewable energy products.”
The market for rapeseed in the European Union (“EU”) is strong, and is characterized by high prices resulting from significant localized demand for rapeseed oil for food and biofuel uses. The volume of rapeseed production has grown substantially in recent years within Ukraine, as the Ukraine government has focused on renewable fuel production.
Alternativa’s Ukraine project can be expected to provide a strong, stable base of local demand that Ukraine growers can rely on to increase rapeseed crop production to serve the domestic requirements of Ukraine as well as exports into the EU. Alternativa has already entered into a
long term agreement with a major producer of rapeseed towards providing the feedstock for its first planned Ukraine project.About AlternativaAlternativa (IOM) Limited is the latest company to be established by British businessman Richard Spinks, the former Chief Executive Officer of Landkom International PLC (LSE:LON), a company he founded in 2005 and built to become one of Ukraine’s leading rapeseed growers and the first to achieve a listing on the London Stock Exchange in November 2007. Mr. Spinks has been successfully founding and growing businesses in the Central and Eastern European markets since 1989. His vision has been and remains to develop and bring fully integrated Agricultural and Renewable Energy Production Assets to the market, thus bridging the gap between reliable feedstock supply and reliable energy production. Mr. Spinks has assembled Alternativa’s highly capable development team with proven leaders from 7 countries with strong Finance, Legal and Operational backgrounds, priming Alternativa to establish itself as a leading low-cost producer of renewable energy products with best-of-class production facilities.
REST of Article Here:http://www.thestreet.com/story/10687183/1/developers-target-ukraine-for-integrated-feedstock-and-biofuel-refinery.html
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This looks like the same Richard Spinks :
http://investing.businessweek.com/research/stocks/people/person.asp?personId=45320710&ticker=LKI:USHere is a great background article from two years ago on the Ukraine project and Richard Spinks:
Ukraine has huge farming potential, but is clogged with small farms, growing patch-work quilts of near-subsistence cropping, between thousands of hectares of land abandoned twelve years.
This is bizarre, since the soil is superb black loam, the rainfall in western Ukraine at least is a very adequate 700mm, and long hot summer days ensure 6t/ha of milling wheat and 4t/ha of oilseed rape can be harvested under clear blue skies. The trouble is there’s virtually no investment. Nobody will back what this former breadbasket of the Soviet Union. Nobody, that is, apart from British entrepreneur Richard Spinks and his colleagues.
Operating as Landkom, and with multi-million pound backing from four international hedge funds, they have already secured over 56,000ha of prime arable land. As I left the country they were heading off to assess a further 180,000ha. Their goal is 500,000ha in five years time.
It’s mind boggling. But its not pie in the sky. A blend of commercial skills, political footwork and clear routes into the global financial markets means Landkom is growing very fast indeed. It is already the third largest farmer in Ukraine, after Cargill and ADM. Soon it will be the largest.
Rest Here:http://www.fwi.co.uk/Articles/2007/07/20/105203/Farming-in-Ukraine.htm
This is bizarre, since the soil is superb black loam, the rainfall in western Ukraine at least is a very adequate 700mm, and long hot summer days ensure 6t/ha of milling wheat and 4t/ha of oilseed rape can be harvested under clear blue skies. The trouble is there’s virtually no investment. Nobody will back what this former breadbasket of the Soviet Union. Nobody, that is, apart from British entrepreneur Richard Spinks and his colleagues.
Operating as Landkom, and with multi-million pound backing from four international hedge funds, they have already secured over 56,000ha of prime arable land. As I left the country they were heading off to assess a further 180,000ha. Their goal is 500,000ha in five years time.
It’s mind boggling. But its not pie in the sky. A blend of commercial skills, political footwork and clear routes into the global financial markets means Landkom is growing very fast indeed. It is already the third largest farmer in Ukraine, after Cargill and ADM. Soon it will be the largest.
Rest Here:http://www.fwi.co.uk/Articles/2007/07/20/105203/Farming-in-Ukraine.htm
Here is a BBC Video report on Mr. Spinks and his project from last August.
(Their are many good parts here - but the SkunK gets way fired up when he hears the professor complain about investment. In the Skunk's world of reality, fat bellied romanticism about "other people" "enjoying" subsistence farming is normally quickly cured by watching people starve to death or just missing a few meals yourself.) And the BBC trying to complain about a donated ambulance! Wow!
Note Mr. Spinks is the the former Chief Executive Officer of Landkom International PLC (LSE:LON), a company he founded in 2005 and built to become one of Ukraine’s leading rapeseed growers and the first to achieve a listing on the London Stock Exchange in November 2007. Here are articles discussing that departure:
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SkunK
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