자유게시판

Pioneering Biodiesel Producer Argent Energy Sold

작성자 정보

  • Dessie Griffith 작성
  • 작성일

본문

images?q=tbn:ANd9GcTEfrqEC9k-tQWgp8KJ0Exp2J3vm15Xj6gYaQ&s

Pioneering biodiesel producer Argent Energy offered

jatrophacurcas1.jpg

23 July 2013


Argent Energy, a leader of large-scale industrial production of biodiesel in the UK, has actually been purchased by a green financial investment company.


Argent, based near Motherwell, was offered to a subsidiary of London-based John Swire & Sons for an undisclosed amount.


Argent makes green road fuel by recycling wastes and residues such as used cooking oil and tallow from the meat industry.


The firm will remain in private ownership and will continue to run individually.

Jatropha-curcas-from-leaves-latex-roots-and-seeds-different-bioactive-or-commercially.png

Its senior management, including chairman Andy Hunter, managing director Jim Walker and monetary director Jim Boyd are to remain with the company.


Souter Investments, the private financial investment business of transport tycoon Sir Brian Souter, verified it had actually sold its 37% stake in Argent.


'Future capacity'


Mr Walker said the investment by John Swire highlighted market position, adding there was now a chance "to take Argent's abilities additional afield".


Barnaby Swire, of John Swire, said his company was devoted to "checking out and buying ingenious and practical green markets".


He added: "We are happy to be acquiring Argent Energy, a business which our company believe can grow and flourish not only within the UK however also overseas, in specific in Asian markets with which Swire Group companies are familiar.


"John Swire & Sons Ltd sees in Argent Energy's workers a mix of qualities and worths that work with our own, and look forward to working with them to increase Argent Energy's future potential."


Argent was developed in 2001. In 2009 it was bought by a consortium which consisted of senior management along with Souter Investments.


Its plant at Newarthill, near Motherwell, has the capability to produce up to 50 million litres of biodiesel a year.


Cooking oil to run buses in trial


4 November 2011


Argent Energy


Souter Investments

관련자료

댓글 0
등록된 댓글이 없습니다.

최근글


새댓글


  • 댓글이 없습니다.