Waterland (http://www. waterlandasiabio. com/jatropha) is a large private equity group in The Netherlands and a big investor in Jatropha. The company has an agri­cultural technology enterprise with headquarters in Jakarta, Indonesia. It has devel­oped high-yielding Jatropha plants that give a superior yield and oil content, which is a result of years of research and development. Waterland is a leader in Jatropha research and development in Asia, and together with its partners has successfully established first-class research and technology bases in Indonesia, Germany, The Netherlands, India, Vietnam, and Malaysia that are accelerating the commercialization of next — generation biofuels and renewable power generation. Combining agricultural and technological innovations, intellectual property rights, and extensive hands-on operational plantation experience, Waterland controls all aspects of Jatropha research, development, and cultivation, including bioengineering, high-tech conversion tech­nologies, commercialization ofvaluable byproducts, and the processing ofhigh-grade biodiesel. The Waterland Group Asia was established to support a joint investment initiative by several European-based companies who own and operate power plants in Europe, which require sustainable biomass energy sources to operate. Waterland currently produces Jatropha oil from over 12 000 hectares that have reached produc­tion status and the Group currently has over 60 000 hectares of planted Jatropha that will bear more and more fruits for crude jatropha oil in 2012 and 2013. The Group’s cornerstone is its social farming model where it endeavors to empower local farmers with the aim of bringing prosperity, independence, and self-sustainability to the communities surrounding the forest on a commercially sustainable basis.

The interest in Waterland’s Jatropha plantations from aviation companies has led the company to begin planning a new oil expelling and purification center at Kedu Selatan and another at Cilicap, Indonesia, which will allow for further

Second Generation Biofuels and Biomass: Essential Guide for Investors, Scientists and Decision Makers, First Edition. Roland A. Jansen. r 2013 Wiley-VCH Verlag GmbH & Co. KGaA.

Published 2013 by Wiley-VCH Verlag GmbH & Co. KGaA.

commercial quantities of Jatropha oil to be shipped to the airline industry and, after further refining, to be used as jet fuel.

Lufthansa, the German-based airline, has bought 200 tonnes crude of Jatropha oil at $1000 per tonne from Australia-based Jatenergy Ltd. for use in its long-term trial of renewable jet fuel.

Jatenergy has a joint venture with PT Waterland in Indonesia called PT Jatoil Waterland. This company has acquired 2- and 3-year old Jatropha plantations in Central Java, Indonesia, totaling 2000 hectares. Subsequently, the crude oil is refined into biokerosene in Singapore in the Neste refinery and sent to Lufthansa.

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