Abiopharma

Company is currently developing a Biocoal plant in Natchitoches Louisiana USA that will produce 100,000 tonnes in phase one, this will be the worlds largest Biocoall plant. Upon commisioning of line one the Company will build four additional lines taking Biocoal production to 500,000. The Company uses a fluid bed reactor to turn wood waste into Biocoal, a coal replacement product used in power plants and steel mills. Discussions are on going with an International steel manufacturer to supply Biocoal with a 65% carbon as a coal replacement in steel mills. A Canadian Power Company are reviewing offer to supply up to 500,000 tonnes of Biocoal containing 21.5Gj per tonne. They just contacted us and advised they are currently reviewing offer and will respond once review complete. The Company may not be able to build Biocoal plant as potential tarriffs might increase prices.

Additional info from OTC:
Company is currently developing a Biocoal plant in Natchitoches Louisiana USA that will produce 100,000 tonnes in phase one, this will be the worlds largest Biocoall plant. Upon commisioning of line one the Company will build four additional lines taking Biocoal production to 500,000. The Company uses a fluid bed reactor to turn wood waste into Biocoal, a coal replacement product used in power plants and steel mills. Discussions are on going with an International steel manufacturer to supply Biocoal with a 65% carbon as a coal replacement in steel mills. A Canadian Power Company are reviewing offer to supply up to 500,000 tonnes of Biocoal containing 21.5Gj per tonne. They just contacted us and advised they are currently reviewing offer and will respond once review complete. The Company may not be able to build Biocoal plant as potential tarriffs might increase prices.