Monday, March 1, 2010

Key Details reEmphasized - Ukraine Deal


While the development of the Ukrainian project is at an advanced stage, Alternativa is evaluating several additional sites for development of similar facilities in Russia and Canada.

Rapeseed oil is the preferred biodiesel feedstock in most of Europe, partly because rapeseed produces more oil per unit of land area compared to soybean and other oilseeds.

The natural oil content of rapeseed is approximately 42%, among the highest of biodiesel feedstocks.

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.


Rest of Article here:
http://www.allaboutfeed.net/news/ukraine-base-for-new-biofuel-and-feed-initiative-4171.html
Here is terrific background on Richard Spinks. As always, the Wall Street Journal demonstrates its reporting is in a league by itself.

SkunK

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