Grainol to build two ethanol plants in Western Australia

Grainol is developing two major ethanol facilities in Western Australia that will
utilise 1 million tonnes of locally grown wheat to produce 400 megalitres of bioethanol
annually. One plant is in Kwinana and the other in Bunbury.

Grainol has been operating for 18 months and is working with WA project
management company IPS and construction company Thiess to bring the project to
build stage by early 2008.

Financial Director Stephen Thompson, who is heading up funding for the project said:

There is massive development in the global renewable fuels industry which gives
Grainol a unique opportunity to be one of the biggest ethanol producers in Australia.

Grainol is using technology developed by Vogelbusch, an Austrian biotechnology company.

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