Mission Biofuels acquires exclusive jatropha rights in India

Mission Biofuels signed a three-year deal for exclusive rights to jatropha oil produced from 12,500 acres in India. Mission has been in the news of late seeking alternative sources, and also for a biofuels contract with an unnamed major oil producer that failed to close. Jatropha production has been ramping up strongly in India, and the deal by Mission is with an entire district of production. Jatropha can produce as much as 1,000 gallons of oil per acre, which brings estimated annual production from the deal to 1.25 million gallons of jatropha oil, or enough to produce 20 million gallons of B5 blend.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Mission Biofuels signs exclusive multi-year jatropha deal with Indian district

In India, Mission Biofuels signed an exclusive jatropha oil acquisition deal. Under the agreement, a cooperative group in an undisclosed district will provide jatropha from 37,500 acres on an exclusiv...

India’s Tata acquires 35 percent of JOil for $16 million; will assume marketing role for jatropha seedlings

In India, Tata Chemicals announced that it would acquire a 35 percent stake in JOil, a jatropha company, for buys 35% in Singapore’s JOil for $16.5 million. The deal will give Tata exclusive marketi...

Mission Agro Energy increase stake in Mission Biofuels India to 90 percent

In Mauritius, Mission Agro Energy will increase its stake in Mission Biofuels India to 90 percent, from 70 percent, after buying out Indian Agribusiness Systems. The company, a subsidiary of Mission B...

Mission Biofuels scales back biodiesel output to “jobber” basis, citing high feedstock prices

In Australia, Mission Biofuels said that it would only produce biodiesel in the near future on a "jobber" basis, citing the high price of feedstocks. The company said that it was in the process of con...

New biodiesel projects imminent in India, Malaysia

In India, Naturol Bioenergy Limited announced yesterday the imminent launch of its 35 Mgy biodiesel plant in Kakinada, Andhra Pradesh. In Malaysia, Mission Biofuels will launch its biodiesel plant ...

Mission Biofuels books more than 200 million gallons in palm and jatropha biodiesel orders

In Malaysia, Mission Biofuels will commence production at its Kuantun plant to fulfill European orders. Mission recently announced that it would cease producing biodiesel at-risk and would produce as ...