Frost & Sullivan Award
09 12월 2008 - 4:01PM
RNS Non-Regulatory
Energem Resources Inc.
09 December 2008
TSX/AIM : ENM
For immediate release
9 December 2008
Energem Biofuels Ltd Wins Frost & Sullivan Award for Competitive Strategy Leadership
Energem Resources Inc. (the "Company"), is pleased to announce that its wholly owned subsidiary, Energem Biofuels Ltd, has been
presented with the 2008 Frost & Sullivan Award for Strategy Leadership in the South Africa Biofuel Feedstock Market. This award recognises
the Company's innovative strategy, which has seen it build market share in the biofuels sector.
Frost & Sullivan particularly praised Energem's commitment to environmental stability in using as a feedstock Jatropha, which is not
suitable for either human or animal consumption and which is to be grown on land not suitable for the cultivation of food crops. Also
singled out for praise was the Company's leveraging of its experience and contacts in African business, gained in over 20 countries and
across a diverse range of activities.
Frost & Sullivan concluded that:
"Operating in the agricultural industry poses many challenges for local and foreign investors. Energem has strategically leveraged its
position in the energy sector to access the opportunities in Mozambique's biofuel sector."
Tom Swithenbank, Chief Executive of Energem Biofuels Ltd, commented:
"This award represents a powerful endorsement of Energem's biofuels business, which we believe is well placed to address the enormous
potential of the biofuel market in Africa."
For further information, please contact:
Energem - Rob Rainey in Johannesburg at telephone +27 11 372*3300; Fax +27 11 454*1673 or email: info@energem.com; Refer to our website:
www.energem.com
Canaccord Adams Limited - Robert Finlay/Andrew Chubb +44 207 050 6500
Smithfield - Reg Hoare/Will Henderson +44 207 360 4900
Energem Resources Inc (TSX/AIM:ENM). is an Africa focussed company listed on the Toronto Stock Exchange and on the London Stock
Exchange's AIM market and the holding company of a group of companies engaged in, mainly, several African countries in the bio-fuels, oil
and related sectors including logistics and supply to the mining industry in South and Central Africa and development of an up-stream oil
exploration asset. The Company has offices and/or logistics and support infrastructure in Johannesburg, London and a number of African
countries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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