Biofuel producer D1 Oils completed its first full day of trading on the stock exchange today, but the newly-created plc admitted the hard-work was still to come.
The Teesside-based company floated on the Alternative Investment Market(AIM) with a market valuation of £34.4m.
A delegation from the company, including D1 chairman Karl Watkins, were in London yesterday for the launch and were asked to ring the bell to signal the end of trading on AIM.
Mr Watkins said the firm, which produces environmentally-friendly biofuel, had made great strides since its formation three years ago but that there was still a long way to go.
He said: "We've managed to get a really good valuation for the business and the floatation is obviously very exciting.
"But this is just the start of our work. The next few years are going to be critical for the company with new directives on stopping climate change running in our favour."
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