Collaboration

Associated British Foods PLC 20 June 2006 Associated British Foods plc Associated British Foods announces a collaboration with BP and DuPont on UK biofuel production For immediate release 20 June 2006 Associated British Foods plc ('ABF'), the international food, ingredients and retail group has today announced a collaboration with BP and DuPont to begin production of the next generation of biofuels in the UK. This announcement coincides with BP and DuPont announcing a worldwide partnership to develop advanced biofuels and signals ABF's intention to be at the forefront of UK biofuels development. Production is expected to start in 2007. Under the agreement, British Sugar's Wissington bioethanol plant, currently under construction in Norfolk, will be converted to the production of biobutanol. The plant will use locally grown sugar beet as the feedstock and the biobutanol will be blended with petrol in the UK. ABF, BP and DuPont have also agreed to undertake a joint feasibility study which, subject to a successful conclusion, could lead to them cooperating in the construction of much larger facilities for biofuels production using cereals. Biobutanol will provide environmental benefits over purely mineral oil-derived transportation fuels. It will reduce overall emissions of greenhouse gases and is a sustainable alternative to fossil fuels. Biobutanol can easily be blended with conventional grades of petrol and can already be used at up to a 10% blend without any modification required to existing vehicle technology. There is potential to increase this concentration in the future. It has an energy content closer to that of petrol than ethanol and so offers better fuel economy than petrol/ethanol blends. Furthermore, it can be easily blended into conventional grades of petrol and has the potential to be incorporated into the existing UK fuel supply infrastructure. 'The agreement with British Sugar to start production of biobutanol at their Wissington plant has enabled us to accelerate its introduction into the UK market,' says John Manzoni, Chief Executive of BP's refining and marketing division. 'We look forward to making the first supplies of this new biofuel available to our customers next year.' 'The conversion of the Wissington plant to produce biobutanol gives us an excellent opportunity to showcase this new biofuel. With its superior properties, biobutanol can rapidly increase the market penetration of biofuels,' said Tom Connelly, Executive Vice President and Chief Innovation Officer for DuPont. George Weston, Chief Executive of Associated British Foods, said, 'Our collaboration with BP and DuPont will enable UK agriculture to be at the forefront of the development of biofuel technology and will enable biofuels to become a major part of the requirement for transportation fuels in the UK.' For further information please contact: Associated British Foods Tel: +44 (0)20 7399 6500 John Bason, Finance Director Citigate Dewe Rogerson Tel: +44 (0)20 7638 9571 Jonathan Clare / Chris Barrie / Sara Batchelor Notes to Editors Associated British Foods is a diversified, international food, ingredients and retail group with sales of £5.6 billion and over 42,000 employees in 41 countries. The group is one of Europe's largest food companies and has significant businesses in Australia, China and the US. It is the largest purchaser of agricultural products, including grain and sugar beet, and is the leading supplier of animal feeds in the UK. British Sugar is the UK's leading supplier of sugar products to the food manufacturing and consumer markets. It is recognised as the most efficient sugar producer in Europe and has considerable expertise in asset utilisation, energy efficiency and process technology. British Sugar has operations in Poland and China with considerable experience in operating in developing countries and in joint venture operations. BP is of one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. It is the largest oil and gas producer in the US and is one of its largest refiners. BP has a global network of around 25,000 service stations, 1,300 of which are in the UK. DuPont is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings