History

• September 1998: The search for novel technology in the bioresources processing sector started by the DalinYebo team members, under contract with Bosch Projects (Pty) Ltd.

• April 1999: First SupraYield® patents registered.

• January 2000: First SupraYield furfural made.

• May 2001: Start of operation of DalinYebo Investment CC.

• August 2001: Start of operation of International Furan Technology (Pty) Ltd (“IFT”) and buyout of SupraYield® patents from Bosch Projects (Pty) Ltd.

• September 2002: Start of operation of DalinYebo Trading and Development (Pty) Ltd (“DYTD”).

• September 2002: First round of finance (Venture Capital) concluded for IFT.

• November 2002: Agreement with the University of KwaZulu-Natal  for the “Collaboration Between The University Of Natal And • International Furan Technology (Pty) Ltd To Undertake Research Into The Development And The Industrialisation Of Processes For The Manufacture Of Bio-Based Chemicals At The University”

• November 2002: Associates agreement with Prof. Dave Arnold.

• 2003: First SupraYield® license sale to Proserpine Corporate Sugar Milling Association Limited, Queensland, Australia (“PCSMA”).

• 2004 : Received the Neale-May Gold Medal from the South African Institute of Chemical Engineer for "Outstanding Achievement In Chemical Engineering".

• 2005: PCSMA receives A$12m Govt. Grant for the use of SupraYield® technology.

• 2005 and 2006 : Qualified as Technology Top 100 Enterprise .

• September 2006 : Award "in recognition of achievement in developing the bioscience sector in South Africa" .

• June 2007 : Sale of SupraYield® technology to PCSMA.

• July 2007: Business restructure into three separate entities: Innovations division ("DYI"), project implementation company ("IFT")  and trading&development company ("DYTD").

• July 2007: Effective date of global exclusive technology marketing agreement for SupraYield® between DYTD and PCSMA.

• January 2008: Start of operation of DalinYebo Innovation, located at the Innovation Centre, University of KwaZulu-Natal: planning the development of a dedicated innovations institute and initiating R&D projects.