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Wednesday, March 03, 2010 8:26:58 PM
"Amelot Holdings of Norfolk, Va. (traded on the Pink Sheets as AMHD) reported the brokering of an agreement with a Ghana-based consulting company for the development of an initial 100,000 hectare jatropha plantation. The company says that it is currently in the midst of negotiating a 49-year lease with the land-owners, organizing local licenses, and providing initial logistics for the project plantation that, when it reaches maturity, will contain 200 million jatropha trees and “conservatively” produce 100 million gallons of jatropha oil annually.
“I read about this company that uses jatropha and camelina to make jet fuel and they have this ‘sustainable, secret’ process—I don’t see them making gobs of jet fuel,” Alvis says. “If they could, they would be. The guy that owns Fed Ex is up in arms because he can’t buy biofuel, and that’s what he wants to use.”
Amelot says that it has several biodiesel production projects in the Caribbean underway, in Barbados, Trinidad and Tobago. “In 2010, we hope to prove to you that nothing can hold us back,” said Amelot Holdings Inc., president and CEO Fred Guarnieri. Amelot Oil Barbados Ltd. is based on a waste cooking oil-to-biodiesel platform."
From the March 2010 Issue of Biodiesel Magazine. (The above is located in lower part of webpage.)
http://www.biodieselmagazine.com/article.jsp?article_id=4053&q=&page=2
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