Italy’s Fie-el Green acquires oil palm rights to 98,000 acres in the Republic of Congo

July 24, 2008

In the Congo, Fri-el Green, an Italian biodiesel development company, signed a 30 year agreement with the Congo national government to cultivate oil palm on 98,000 acres on lands owned by Sangha Palm and Congo National Palm Plantations Authority. Fri-el is one of a number of companies vying for up to 4.32 million acres on Republic of Congo lands that will be available for oil palm plantations. 17 million acres of ROC land is arable but not farmed.

In the DR of Congo, 778,000 sq kms of abandoned lands suitable for biodiesel feedstock cultivation

In the Democratic Republic of Congo, a UN economist said that the widespread abandonment of land following years of civil war provides untouched land highly suitable to biodiesel feedstock cultivation...

Eni to invest $3 billion in Republic of Congo, including 340,000 tonnes of palm oil for biodiesel and food

In Italy, Eni announced a $3 billion investment in oil, biodiesel and food production in the Republic of Congo. The company said that they intend to cultivate 340,000 tons of crude palm oil in the Nia...

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 bio...

Brazil, Congo ink development agreement for biofuels development

In the Congo, Brazil has agreed with Congo Republic to provide training, technology and financing for sugar ethanol and palm oil biodiesel production. Brazilian President Luiz Inacio Lula da Silva sai...

D1 Oils signs with Keygene for jatropha R&D

D1 Oils has signed with Keygene to obtain exclusive rights to Keygene's applied research on jatropha. D1 has a $90 million joint venture with BP, and has 338,000 acres under jatropha production wit...

China Agro-Technology acquires 494,000 acres in Indonesia for jatropha cultivation

China Agro-Technology has signed an agreement with Boulevard Holdings to acquire 494,200 acres in Indonesia for jatropha cultivation. The company valued the jatropha revenue stream at $300 million bas...

Written by Jim Lane · Filed Under International