Company Information for D1 Oils plc

AIM-DOO

www.d1plc.com

View video

D1-BP Fuel Crops Limited Presentation June 07.pdf

Company stock charts - 12 Month chart

AIM; DOO

View full financial data

Company Statement

Growing energy solutions

D1 Oils plc is a biofuels technology company. Our strategy is to develop new energy crops into sustainable commercial fuels. We provide technology and services for the breeding, development, planting and harvesting of new varieties of commercial biofuel crops, focusing on alternative, sustainable feedstocks that are not subject to the same price pressures as food-grade crops. We have an established plant science and planting programme for Jatropha curcas, a robust, tropical oilseed bearing tree. Jatropha produces inedible oil feedstock for biodiesel and is able to make use of land not suitable for arable agriculture.

Vision and values
We will ensure that our operations are consistent with our values

    * Entrepreneurial
    * Innovative
    * Effective
    * Responsive
    * Responsible
    * Sustainable

We place integrity, trust and respect at the core of all we do.

D1 Oils Plant Science Limited
D1 Oils Plant Science Limited is a wholly owned subsidiary of D1 Oils plc.
The activities of this business are comprised of R&D, plant science, planting seed and seed multiplication. The company is responsible for D1's regional development centres (RDCs) located in key planting locations. D1 has established RDCs in India, Thailand and Swaziland.

D1 Oils Plant Science's R&D programme will be wholly funded by D1, which retains all intellectual property (IP) related to the business. Plant Science also has an exclusive four-year contract with D1's jatropha planting joint venture, D1-BP Fuel Crops. In the future, D1's plant science research extend in future to other sustainable biodiesel crops.

The mission of D1 Oils Plant Science is to create value through the application of state of the art plant science and agronomy principles to selected biodiesel feedstock species, particularly Jatropha curcas.

The company intends to apply plant science and agronomy techniques to achieve the following:

To select one or more non-edible feedstock plant species which can be used to produce biodiesel sustainably on a global basis
To establish a reliable and growing supply chain of seed grain and oil as a source of biodiesel feedstock
To improve the oil yield per hectare
To optimise oil quality to create an optimum feedstock source for the production of different biodiesel products
To optimise the by-products produced from the feedstock cultivation and expelling process
To establish a scientific knowledge base to support D1’s plantation, refinery and trading partners

D1-BP Fuel Crops Limited
D1 Oils has established a global joint venture with BP to create a world-leading business in Jatropha curcas.

The new company, D1-BP Fuel Crops Limited, is underaking global planting of jatropha, and will target to plant one million hectares over four years. It will handle all activities necessary for the development of jatropha as a sustainable energy crop, including the planting of trees, harvesting jatropha grain, oil extraction and transport and logistics.

The creation of this major global business to plant jatropha as sustainable biodiesel feedstock is an endorsement by BP of D1's sustainable feedstock strategy. The joint venture has the potential to produce low-cost, volume supplies of inedible oil for biodiesel by using marginal and waste land and land unsuitable for arable crops. Jatropha planting need not compete with high biodiversity value rainforest and is expected to lead to significant job creation and value to local communities.

D1 Oils Plant Science Limited, D1's plant science business, will act as the exclusive supplier of selected, high yielding jatropha seeds and seedlings to the D1-BP Fuel Crops.

Operations and Technology

New energy crops
D1 develops new energy crops into sustainable commercial fuels. We provide technology and services for the breeding, development, planting and harvesting of new varieties of commercial biofuel crops, focusing on alternative, sustainable feedstocks that are not subject to the same price pressures as food-grade crops.

Jatropha - a new energy crop
Jatropha curcas has the potential to become one of the world's key energy crops. Crude vegetable oil, extracted from the seeds of the jatropha plant, can be refined into high quality biodiesel.

Under optimum conditions jatropha seeds can yield up to 40% oil content. Crude jatropha oil is inedible and its price is not distorted by competing food uses.

Jatropha grows in tropical and subtropical regions in a band around the earth between latitudes 30 degrees north and south of the Equator. Jatropha is hardy and relatively drought resistant. Trees have a lifespan of up to 30 years. Jatropha grows on a wide range of land types, including non-arable, marginal and waste land, and need not compete with vital food crops for good agricultural land.

Seeds are crushed to produce oil for refining into biodiesel. The residual meal (seedcake) left after oil extraction is excellent organic fertiliser and can be burnt for power generation. D1 is now developing commercial technology for the removal of anti-nutritional compounds, which make jatropha an inedible plant, from the jatropha meal after oil extraction. If the compounds that make jatropha inedible can be removed, jatropha meal has the potential to be a valuable animal feed. Efficient use of byproducts ensures that jatropha growing and processing is economically viable and energy efficient.

Jatropha planting programme
Up to 31 March 2008, D1-BP Fuel Crops has planted or obtained rights to offtake from a total of 192,016 hectares of jatropha worldwide. Planting is concentrated in Southern Africa, India and South East Asia.

Managed plantations are those farms where land and labour is controlled by D1-BP Fuel Crops, either through its subsidiaries or joint venture partners. Under contract farming, the farmer plants his own trees on his own land. D1-BP Fuel Crops and its partners assist with the provision of seedlings and the arrangement of bank finance for planting, and offer a buyback of harvested grains with an offtake agreement, subject to a floor price and the achievement of agreed quality standards, and provide support and advice during cultivation, and monitor the condition of the crops. Seed and oil supply agreements are arm’s length supply contracts with third parties whereby D1-BP Fuel Crops, either directly or through joint venture partners, has offtake arrangements in place over future output from jatropha plantations which the third party is developing. D1-BP Fuel Crops has limited involvement in this planting and relies on third parties to measure and manage the crop effectively.

Global operations
D1 Oils plc is a biofuels technology company. We are building a global technology network that will turn alternative energy crops into sustainable fuels and delivers value from “earth-to-engine”.

We currently operate an international plant science programme that is leading in the commercial development of jatropha into a major source of sustainable biofuel. Our plant science operations are co-located with jatropha planting operations run by our joint venture with BP, D1-BP Fuel Crops Limited. D1-BP's key areas of operation are Southern Africa, India and South East Asia.

Africa
Our operations in Africa are concentrated on building our jatropha plant science programme and planting jatropha in key markets.

Our plant science programme has regional development centres in Cape Verde, off West Africa, in Zambia and in Swaziland.

D1-BP Fuel Crops is actively planting jatropha in Swaziland and Zambia, and also has planting in Madagascar.

India
India is a key location for jatropha planting. The Indian government has one of the most developed biodiesel promotion programmes in the world, and is encouraging the planting of jatropha as a biodiesel feedstock. The objectives of the programme include increasing fuel security, reclaiming waste and marginal land, and raising the living standards of rural communities.

D1’s first Indian joint venture, D1 Mohan Bio Oils Limited, was established with Mohan Breweries & Distilleries Ltd, a leading Indian brewer based in Chennai, Tamil Nadu. D1 Mohan began planting jatropha in southern India on a contract farming model with financial support for farmers provided in the form of loan finance from Indian banks.

In 2006, D1 entered into an agreement with Williamson Magor & Co. Limited, part of the largest tea plantation group in India, to form a joint venture company to develop jatropha plantations with farmers in North East India.

We also have a number of jatropha seed purchase and oil supply agreements with Indian partners.

Our plant science operations in India are centred on our Regional Development Centre in Coimbatore, Tamil Nadu. We have established a national network of nurseries to produce seedlings for planting.

Our jatropha planting operations are now carried out by our joint venture with BP, D1-BP Fuel Crops Limited.

Asia Pacific
Our business in Asia Pacific is developing rapidly as we build relationships with partners in a number of key markets.

We have a number of jatropha contract farming and seed purchase agreements with companies in the region, in particular Indonesia, including a relationship with PT Astra Agro Lestari, part of the Jardine Matheson Group and the largest publicly-traded agribusiness in Indonesia to undertake a pilot for jatropha planting.

Geographical Spread

Global operations

The problems of climate change, energy security and poverty in developing nations are global and can only be addressed by solutions that match them in reach and vision.

D1 is a UK-based global producer of biodiesel. We are building a global supply chain and network that is sustainable and delivers value from "earth-to-engine”.

Our international business is presently focused on India, Southern Africa and South East Asia. We also have business operations in a number of emerging markets.

Board of Directors and Key Management

Directors
Lord Oxburgh of Liverpool	Non-Executive Chairman
Elliott Mannis	Chief Executive Officer
Ben Good	Finance and Commercial Director
Dr Henk Joos	Plant Science Director

Non-Executive Directors
Dr. Clive Morton	Non-Executive Deputy Chairman and Senior Independent
Barclay Forrest	Non-Executive Director
Professor Chris Leaver	Non-Executive Director
Moira Black	Non-Executive Director
Brian Myerson	Non-Executive Director

Company Address

33-37 Charterhouse Square

London, United Kingdom EC1M 6EA


Telephone:	+44 (0)20 7367 5600
Facsimile:	+44 (0)20 7367 5619
Email:	webenquiries[at]d1plc.com
Website:	http://www.d1plc.com

Additional Address/Key Contact

Plant science
For all enquiries related to the plant science of jatropha and other alternative energy crops, please contact D1 Oils Plant Science Limited:

Email: Hilde@d1plc.com

D1-BP Fuel Crops Limited
For all enquiries related to jatropha planting activities, please contact D1-BP Fuel Crops Limited:

Web enquiries address:www.d1bpfuelcrops.com

Investors and media
For all investor and media enquiries contact:

Graham Prince
Communications Director

Mob: +44 (0)7973 323840
Tel: +44 (0)20 7367 5600
Email: gprince@d1plc.com

Capital

As of 20 August 2008, D1 Oils plc's capital is 126,625,219 ordinary shares of 1p each.

Annual General Meeting

May

Nominated Brokers

Dresdner Kleinwort
PO Box 52715
30 Gresham Street
London EC2P 2XY

Nominated Advisors