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Saudi looks to Australia for secure food supply

Saudi companies are in talks with Australian officials about investing in agriculture, as the Gulf’s biggest economy steps up its efforts to secure food supplies. Companies from the Kingdom are meeting with representatives of the state of Western Australia to discuss buying equity in farms and investing in the wheat supply chain, seeing as food …

China investment in Australian farms rises 10-fold, agents say

Chinese investment in Australian farms increased 10-fold in the past six months, real estate agents said, as Australia’s relaxed rules governing residential property purchasing and buyers see opportunities in agriculture. “They are interested in large scale cattle farms, they are cashed up and see a financial opportunity here in a secure investment environment,” said Geoff …

GM Partners with U.S. Department of Energy to Develop Jatropha-to-Biodiesel Project in India

General Motors Co. (GM) today announced a five-year partnership with the U.S. Department of Energy (DOE) to help develop the potential of the jatropha plant as a sustainable biofuel energy crop.  Traditionally considered a weed, jatropha plants produce an oil that can be refined into biodiesel. The goal of the project is to demonstrate that …

TAM to fly biofuel test flight

TAM, which will soon be a member of Star Alliance, plans to hold a non-commercial demonstration flight in the second half of the year, with a mixture of biofuel that includes Brazilian vegetable biomass from the Jatropha plant. The airplane will be an Airbus A320 equipped with CFM56-5B engines. “We have put forth our best …

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