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BIOPETROL calls for objective discussion

BIODIESEL ENNS, a competitor of ours, is filing an insolvency petition
ADAC has no reservations about a 7 % biodiesel blend
The EU Commission has confirmed its 10 % objective for biofuels by 2020: biofuels do not compete with food in Europe

Zug / Düsseldorf, 17 April 2008. BIOPETROL INDUSTRIES AG, a leading European manufacturer of biodiesel, says there is an immediate need for an objective, unbiased discussion of biofuels - not least in view of the cessation of production and the current insolvency of one of its competitors, Biodiesel Enns GmbH & Co. KG, of Enns, Austria. Only an unemotional discussion based on facts, the company points out, can help ward off the threat of a bottleneck in Europe's diesel fuel supplies. ... more

ADAC has no reservations about blending biodiesel

B7 not comparable with E10

Munich, 11 April 2008. The ADAC currently has no reservations about the planned blending of biodiesel at a level of seven per cent, as planned for 2009 by the Federal Government. This has been announced by the association of the German biofuels industry (www.biokraftstoffverband.de). At the present time, the club is checking whether diesel-engined vehicles could be harmed in any way by the introduction of the new fuel. So far, there is no evidence of that. The ADAC has contacted motor manufacturers in order to clarify their positions on the new fuel specification.

Biodiesel is not bioethanol

BIOPETROL welcomes environment minister Gabriel’s initiative
The objectives of climate protection can be achieved with biodiesel

Zug / Düsseldorf, 3 April 2008. BIOPETROL INDUSTRIES AG, a leading European manufacturer of biodiesel, welcomes the move by environment minister Gabriel to halt the planned blending of bioethanol (E10). This is in the interest of motorists, since a great many motor vehicles are unable to run on blended bioethanol. His decision is also in the interest of the objectives of climate protection, since the required capacity of more than three million tonnes of ethanol annually is not available in Europe and there is currently no guarantee that imported ethanol comes from sustainable production. ... more

BIOPETROL achieves profitable growth in 2007

Sales are up 71 %
Gross Profit climbs 33 %
Net profit reaches almost 4.4 million euros

Düsseldorf, 11 March 2008. BIOPETROL INDUSTRIES AG significantly increased sales and gross profit in financial year 2007 (1 January to 31 December). Group sales, adjusted for the mineral oil tax, climbed 71 % to 218.1 (previous year: 127.6) million euros. Gross profit grew almost 33% to 23.8 (17.9) million euros, with a gross profit margin of 10.9 (14.1) %. EBITDA was maintained at 8.3 (8.6) million euros. Net profit, on the other hand, fell 23 % to 4.4 (5.7) million euros. The background to this development is the constantly rising prices for raw materials, the tax on biofuels in Germany, and cheap imports from the USA (B99), which have pressured the market environment and have caused persisting pressure on margins for all biodiesel manufacturers in Germany. ... more

BIOPETROL INDUSTRIES AG:
Top 5 European biodiesel producers

BIOPETROL INDUSTRIES AG, based in Zug, Switzerland, manufactures and distributes through its German subsidiaries premium quality biodiesel and pharmaceutical grade glycerol. Our customers include the mineral oil industry and trade, large fleet operators, public transport operators, agriculture and the construction industry. In addition, we supply the pharmaceuticals and cosmetics industry worldwide with pharmaceutical grade glycerol. With 63 employees in the Group, we currently produce around 150,000 tonnes of biodiesel and 30,000 tonnes of pharmaceutical grade glycerol per annum in Schwarzheide in the federal state of Brandenburg. This is now one of Germany's largest biodiesel production facilities.

BIOPETROL INDUSTRIES AG has a clear expansion and investment strategy. We aim to be one of the five biggest biodiesel producers in Europe. Our target capacity from year end 2007 is around 750,000 tonnes of biodiesel and 90,000 tonnes of pharmaceutical grade glycerol per annum from three production locations: Schwarzheide (between Dresden and Berlin), Rostock (under construction), and Rotterdam (under construction).

The foremost alternative fuel…

Werner Klink, Supervisory Board Chairman, BIOPETROL INDUSTRIES AG:
“Fossil fuels such as petroleum and natural gas are finite and contribute toward climate change. Biodiesel is now the leading sustainable alternative fuel. As long as the sun goes on shining, there will be plants. Biodiesel made from vegetable oil helps to protect the environment, safeguards jobs and opens up attractive long-term investment options.”

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