June 2013
The first shipment of 5,700,000 litres of biodiesel is now en route to the USA. It will be followed
by another shipment of 5,000,000 litres in August.
Customers for the order are Valero Energy Corporation and Gavilon Inc., two of the world’s
leading energy companies. Valero is a San Antonio, Texas based, Fortune 500 international
refiner and marketer of fuels with a combined throughput of around 3 million barrels a day.
Gavilon is a Nebraska based international grains; food and fuel storage and distribution company
whose energy division stores and transports a range of fuels including crude oil and refined
products, gas and renewable fuels.
ARfuel's ability to secure these export customers in one of the world's most competitive biofuels
markets highlights the high quality and competitive production costs of ARfuel's production
facilities. This competitive advantage will be enhanced by the recent drop in the value of the
Australian dollar and further export opportunities are actively being explored.