D1 Oils Secures Important UK Patent on Jatropha
November 05 2010 - 7:43AM
UK Regulatory
TIDMDOO
RNS Number : 7129V
D1 Oils Plc
05 November 2010
Friday, 5 November, 2010
D1 Oils Plc Secures Important UK Patent on Jatropha
The Board of D1 Oils plc, an alternative energy company, today announces that
the Group has secured a UK patent to detoxify Jatropha so that it can be used as
an animal feed.
The patent, granted by the UK Intellectual Property Office on 3rd November 2010,
covers a process for the co-extraction of oil and a protein-rich seedcake, with
the anti-nutritional factors removed, ideally suited for use as animal feed. D1
Oils has been conducting a research programme during the last four years to
enhance the value of the Jatropha business model.
The seedcake has higher protein content than soya bean meal and should achieve
at least price parity with it in the marketplace. Soya meal is normally priced
at over $300/T and thus the innovation would reduce future production costs of
crude Jatropha oil by more than 30%
Martin Jarvis, Chief Executive Officer, said:
"This is a major milestone in our programme. The ability to use a by-product for
animal feed will dramatically improve the economics of growing Jatropha. We will
now be up-scaling our process for full commercial use."
For further information please contact:
+---------------------------------+---------------------------------+
| Brunswick Group | |
+---------------------------------+---------------------------------+
| Kevin Byram | |
+---------------------------------+---------------------------------+
| Saadia McGlinchey | + 44 (0) 20 7404 5959 |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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