Schmack Biogas AG , gained 1.3 euros, or 3.6 percent, to 37.3 euros. The company's third-quarter pretax profit more than doubled to 2.1 million euros, after 900,000 euros a year ago. Revenue rose to 29.1 million euros from 12 million euros.

Quite apart from these results, what is impressive about Schmack Biogas is their sense of purpose - just look at their website - so upbeat.

There are 2 biological markets for waste fuels;

1) waste cooking oils for biofuels - I suspect this is not quite as good as is made out - see my previous post

2) waste fuels from agriculture - this I see huge potential in as the huge volume of waste remains largely untapped

If Schmack Biogas could break out of the German market and tackle other countries such as the USA it could establish global leadership. There might be a very good case for a takeover of Environmental Power Corp
- it's US equivalent, especially with the dollar so weak against the euro right now. Both companies however appear to be preoccupied with their home markets.