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Thursday, April 17, 2008
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Viridas, INEOS Enterprises to Develop Sustainable Output of Jatropha

LONDON - Viridas Plc. said it entered into an exclusive strategic partnership with INEOS Enterprises to develop sustainable output of Jatropha, a perennial non-food oilseed used in alternative fuels production.

Viridas added it is currently progressing its own significant investment programme, including the acquisition in Brazil of 250,000 hectares of idle land, to be owned and managed by Viridas, for the contracted annual production of 500,000 tonnes of sustainable high quality Jatropha oil.

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