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Öko-Line Kft signed a supply contract with oil and gas giant Mol Nyrt and will launch production in its biodiesel plant in Nagyigmánd, northwest Hungary, in the first quarter of 2007, business daily Napi Gazdaság reported.Öko-Line will carry out a Ft 5 billion development in the plant, which was built in 1994 but never used. The plant will produce 50,000 tons of biodiesel a year, but as Mol will not buy the entire amount, negotiations are underway with other companies.