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May 14, 2009 | Jim Lane | Comments 1

Australia’s Jatoil to unwind Indonesian jatropha venture

In Australia, Jatoil announced that it will unwind its joint venture with PT Bio-diesel AustIndo under which Jatoil purchased a 50 percent stake in the Indonesian jatropha plantation in exchange for 20 million shares in Jatoil worth $4 million at the time.

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