James Monroe Capital Corporation has announced that its newly updated, larger, plants will sell for $1.6 million or more, and be worth $8 million in the stock market at a conservative P/E ratio of 20.

Diversified Ethanol's Taylor Moffitt said, "We are ready to produce hundreds of these plants, and if we have our way we will own a piece of every one of them, and entirely own several for ourselves. MGPI, an ethanol stock, is at a P/E ratio of 50 as of 8/24. At a P/E ratio of 50, just one of these $1.6 million dollar plants, which only costs us $800,000 to build, would be worth $20 million in a public, reporting company. Even if the market goes down 60%, we are providing a lot of value to customers, and revenues only get better when fuel costs rise." 

North Prairie Productions, is seeking Wisconsin investors to participate in their commercial biodiesel project. The company is building a plant in the Evansville, Wisconsin, area that will produce up to 45 million gallons of  biodegradable, biodiesel fuel annually. The company expects to have the plant operational in 2007. 

Biodiesel in London: meet the suppliers, is an event that will provide transport and fleet managers from the public and private sectors with expertise on the suitability of using biodiesel as a replacement for petro-diesel. Organized by enhance, a business support and advice organization for London-based enterprises working in, or aspiring to join, the recycling sector, the evnt will take place on 28th September. 

The growing importance of the UK’s emerging bioenergy sector has been underlined by the strong interest in the Renewable Energy Association’s national Bioenergy 2006 conference. The addition of a novel ‘Growth Clinic’ is expected to add further to the networking value of this major event. 

With wheat likely to become a major biofuel crop in the UK, The Home Grown Cereals Authority, (HGCA) has published a new project progress sheet focusing on the agronomic issues in growing for this market. "With a UK government target of 5% of transport fuels from renewable sources by 2010, a significant market for biofuels is emerging," says Professor Graham Jellis, HGCA research director. "Wheat will be the principle feedstock for bioethanol." 

Advanced Biodiesel Group (ABG)  today (22nd August) announced it has signed a 50:50 joint venture agreement with a US-based private equity firm, to co-fund the construction and operation of three biodiesel production facilities in North America, up to a value of US$100 million.