Biotech Updates

Australia Signs Deal with Indian Farmer Cooperative for Jatropha Access

January 11, 2008
http://biopact.com/2008/01/mission-biofuels-signs-jatropha.html
http://www.missionbiofuels.com/admin/uploads_n/67.pdf

Australian biofuel company, Mission Biofuels, is developing its upstream feedstock for Jatropha-based biodiesel production in India. Recently, it announced that its subsidiary, Mission Biofuels (India) signed an agreement with a government district authority granting exclusive rights to purchase Jatropha curcas seeds. The district authority has recently transferred about 60,000 acres of Jatropha (planted in the last five years) to a newly formed farmer federation cooperative. Under the agreement, Mission Biofuels will provide technical inputs/know how to farmers, provide nurseries, and support land development for Jatropha. The company, in turn, will obtain exclusive right to purchase the Jatropha seeds that will be harvested from the district plantations..