The firm admitted emitting
a noxious substance and was fined £19,000 by JPs in Abergavenny.
The Tredegar-based company which created biodiesel from waste
was among the first companies to bring biodiesel to Wales
on a commercial basis. The company also supplied fuel for the generators
at the Live Earth concert in London.
By using waste vegetable oil as its main raw material, biodiesel is
largely renewable, unlike existing fossil fuels. In addition, the use of
what is ordinarily a waste product, which would otherwise be need to be
disposed of in some other way, means that the use of biodiesel is
beneficial to the environment.
The company was forced to go into administration
with Tim Ball and
Rod Weston of chartered accountants Mazars appointed joint
Mr Ball, business recovery partner in the Bristol office of Mazars is seeking a buyer for the business.
Mr Ball said: "It is very sad to see an independent company fail in
this way and it is very much hoped that a buyer can be found for the
benefit of its customer base and, of course, its creditors.
"Any interested parties willing to purchase
all or part of the
business should contact me as soon as possible. Recent increases in the
price of raw materials have not helped the company.""
"About Live Earth
"Live Earth was a 24-hour, 7-continent series of concerts
place on 7/7/07 that brought together more than 100 music artists.
The event was put together by the Alliance for Climate Protection,
The Climate Group and other international organisations to encourage
individuals, corporations and governments to take action to prevent
climate change. Former U.S. Vice President Al Gore is the Chair of the
Alliance and Partner of Live Earth.
Live Earth took place at Giants Stadium in New York; Wembley Stadium
in London; Aussie Stadium in Sydney;
Copacabana Beach in Rio de Janeiro;
Maropeng at the Cradle of Humankind in Johannesburg; Makuhari Messe in
Tokyo; the Steps of the Oriental Pearl Tower in Shanghai; and HSH
Nordbank Arena in Hamburg.
Find out more about the campaign at liveearth.org
. You can get climate change
news, opinion and explanation from the BBC. You can have your say about climate change
on the BBC News website.
There's more websites on our climate change links page