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THORNEY TECHNOLOGIES LTD — Capital/Financing Update 2013
Apr 22, 2013
65908_rns_2013-04-22_9e6ff606-d547-411c-941b-21d9e4d66dd5.pdf
Capital/Financing Update
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AUSTRALIAN RENEWABLE FUELS LIMITED ABN 66 096 782 188 Level 5, 409 St Kilda Road Melbourne VIC 3004 TEL: +61 (3) 9981 0010 FAX: +61 (3) 9981 0020 www.arfuels.com.au
23 April 2013
ASX Announcement
SALES GROWTH DRIVEN BY ADDITIONAL SUPPLY CONTRACTS
Australian Renewable Fuels Limited (ASX: ARW) is pleased to advise that it has recommenced its export program with the first order for over 10 million litres of biodiesel under contract. This order will be completed in two shipments to be loaded in May 2013 and July 2013 and brings both the Largs Bay (SA) and Picton (WA) plants back online.
This program will increase production and sales of both these plants to approximately 45% of capacity and we expect to continue to increase sales and production levels over the balance of the 2013 calendar year.
A general update on the business will be issued next week in the Quarterly Shareholder Newsletter.
Yours Sincerely
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Andrew White
Managing Director / Chief Executive Officer