The company seeks to promote the use of second generation biofuels through the establishment of jatropha curcas plantations producing feedstock to meet the increasing demands of the biodiesel market. The company focuses on owned and joint venture plantations, plus contract farming with local farmers.

The biodiesel market is growing dramatically worldwide. Growth is being driven by environmental concerns, government tax incentives and mandates. According to a report published by global information service company Fuji Keizai USA in early October 2008, “the global biodiesel market is estimated to reach 37 billion gallons by 2016, growing at an average annual rate of 42 percent.”

We believe jatropha represents one of the best alternatives to food crops such as corn and soybeans as a source of large scale feedstock supply to the biodiesel industry. Therefore, it presents a potential solution to the current food versus fuel debate. See About Jatropha Section.

In the relatively short time since its inception in late 2007, Indogreen has been active in researching production methods, assembling an experienced management team, identifying and sourcing land for plantations, and developing valuable relationships with locals leaders and government departments. The Company has been primarily working to secure land for plantations in Nusa Tenggara Timor (“NTT”), Indonesia’s eastern most province.

This area has vast tracts of unutilized land, suitable agronomy and climatic conditions, and high unemployment rates making it suitable area for large scale development of Jatropha plantations. The government has identified close to one million hectares as suitable for Jatropha plantation in this province alone. We are also in discussions with provincial governments regarding the development of other renewable eco-friendly sustainable forestry projects in Kalimantan, Maluku and Sumatra.

Indogreen is finalizing negotiations with local governments in three specific Regencies for significant commitments in relation to large tracts of land which will be available for establishment of commercial planting. This would provide us with the exclusive rights to establish plantations there. We are also pursuing contracts with local farmer co-ops to supply fruit on additional land in the surrounding area. The Company has assessed potential environmental impacts, infrastructure needs and social issues related to proposed projects and is currently pursuing the necessary approvals required to begin large scale clearing, planting and development.