East Java looks to the prospect of becoming the first commercial biofuel producer in Indonesia with a capacity of 1 million liters annually. Such a volume is expected from PT Alegria Indonesia, which is set to complete the construction of a plant in Pasuruan regency this year. The plant, located on 22 hectares of land [...]

D1 Oils chairman Bryan Myerson has stepped down from the board and been replaced as chairman of the Jatropha-based products developer by non-executive director Barclay Forrest. This is not a big surprise because Myerson’s plan to reverse Principle Energy into D1 was opposed by shareholders owning more than two-fifths of the loss-making company. Recent D1 [...]