Curcas Oil N.V.
Curcas Oil N.V.: Company Update
Curcas Oil N.V. / Miscellaneous 06.05.2010 18:44 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Curcas OIL N.V. - Company Update - Amsterdam, The Netherlands, May 6th, 2010 The Philippine subsidiary 'Curcas Oil Philippines Inc.' is making great progress with the integration of the existing plantations in the region around General Santos. More than 7,000 ha have been contracted under the contract farming program, which has been started in the beginning of 2010. In addition, first Jatropha oil has been squeezed at the production facility in General Santos, which is being extended at the moment. Production output is being increased successively. Due to the faster than expected integration, Curcas Oil N.V. has ordered 10 squeezers, each enabling a press capacity of 200 MT/month. As a result the company-wide press capacity for Jatropha seeds amounts to more than 30,000 MT/year. About Curcas Oil N.V. Curcas Oil N.V. is a producer of Jatropha Crude Oil. With its subsidiaries Alternative Energy Manufacturing Ltd. (Thailand), Curcas Oil Philippines Inc. (Philippines) and PT Pengembangan Jarak (Indonesia), Curcas Oil N.V. cultivates Jatropha Curcas plants for the production of Jatropha Crude Oil in a sustainable and responsible manner. Curcas Oil N.V. Haaksbergweg 71 1101 BR Amsterdam The Netherlands Tel. +31 20 312 1212 info@curcas-oil.com www.curcas-oil.com 06.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found