PRESS RELEASES
NB: Please note the disclaimer at the end of this press release
Zug, 25 June 2008 BIOPETROL promotes research and development projects aimed at eliminating the consequences of climate change. Through the membership of the UFOP (Union for the Promotion of Oil and Protein Plants) and the VDB (German Biofuels Industry Association e.V.), BIOPETROL supports a variety of research projects. An important result of our work with these associations can now be announced: the TWIN-TEC catalytic converter with soot filter is the first to be authorized for operation with biodiesel (RME). Growing customer demand led BIOPETROL, in cooperation with both of the above associations, to investigate the suitability of TWIN-TEC's catalytic converter with soot filter for operation with biodiesel (rapeseed methyl ester, or RME). After tests in continuous operation, with regular. measurements of emissions and consumption, the systems used were analysed chemically, microscopically and physically examined. The results were positive in every respect, making the TWIN-TEC catalytic converter with soot filter the first retrofit system to be authorized for operation with biodiesel (RME).
For detailed information, please follow this link: www.twintec.de
The approval means that more than two million drivers with cars authorized to run on pure biodiesel (B100) will now be able to fill up with environment-friendly biodiesel and still qualify for unrestricted access to the inner cities where environment zones are in force. (Source: www.ufop.de)
Cars retrofitted with a TWIN-TEC catalytic converter with soot filter meet all the requirements for a green disc. The regulations define four pollutant groups for cars and lorries, based on the current European exhaust emission limits. For diesel vehicles the rule differentiates between vehicles by awarding a red, yellow or green disc, depending on their European pollutant class (EURO 1 to 4). By fitting a particulate-reduction system, however, owners of diesel vehicles can improve their classification and drive in specially protected inner-city areas. (Source: German Governmental Environment Agency press release, October 2007)
Glyctec GmbH, based in Düsseldorf, is the technology centre for BIOPETROL INDUSTRIES AG (Zug, Switzerland) and supports the research and development activities of the BIOPETROL group. Biochemists, process engineers and IT specialists work successfully together as a team there, providing central technical support activities for all the production plants. It's a one-stop shop for research and service.
About the company:
With its German, Dutch and Swiss subsidiaries, BIOPETROL INDUSTRIES AG, which has its head office in Zug (Switzerland), produces and sells biodiesel and pharmaceutical-grade glycerine of the highest quality. Among our customers are the oil industry and oil traders, large-scale fleet operators, public short-distance transport, as well as the agricultural and construction industries. The pharmaceuticals and cosmetics industries are in addition supplied with bioglycerine of pharmaceutical quality.
At the present date, BIOPETROL INDUSTRIES AG has annual productive capacities in Schwarzheide and Rostock of around 350,000 tonnes of biodiesel and 30,000 tonnes of pharmaceutical-grade glycerine. In Rotterdam, BIOPETROL is building an installation with an annual productive capacity of 400,000 tonnes of biodiesel and 60,000 tonnes of bioglycerine. By the end of 2008, annual capacity should then be more than doubled to a total of 750,000 tonnes of biodiesel. Further expansion of capacity in Rotterdam is planned. We are working actively on extending our product range, based on the coproduct bioglycerine.
Disclaimer
This press release represents neither an offer for sale nor a request for the submission of an offer to purchase or subscribe to securities. This announcement and the information contained therein are not intended to be directly or indirectly passed on to or within the United States of America, Canada, Australia or Japan.
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