ABG was founded in 2001 with the objective of developing its own biodiesel production technology. This technology was initially developed and tested via a small batch scale plant capable of producing approximately one million litres of its continuous transesterification process ('CTP') technology.
Subsequent to its successful development program, ABG commenced the construction of its full-scale 40 million litre per annum continuous flow plant at Berkeley Vale on the New South Wales central coast. This facility is now complete and currently operating at 75% of nameplate capacity. It is expected that this plant will be operating at 100% capacity by July 2006. This plant is one of the largest (in terms of output) biodiesel plants now constructed in Australia.
ABG's second production facility, a 160 million litre per annum plant, will be located at Narangba, Queensland. All the required development and environmental regulatory approvals to enable construction have been granted in relation to this production facility. It is forecast that this facility will be commissioned in the second quarter of 2006.
www.abgbiodiesel.com/downloads/investor/abg_prospectu
