Biofuel producer faces supplier friction

A dispute between a recently floated biodiesel company and its supplier has shown how pricing conditions in the biofuels market are burning some of the companies involved.

Shares in Renewable Power and Light, an Aim-listed company whose assets are in the US, fell nearly 70 per cent on Friday after it announced expected losses because of increased commodity prices.


RPL said it was suing its supplier, Safari Group, which it claimed had breached an agreement to supply palm oil at an agreed fixed price.

The company raised