Zug - Switzerland / Rotterdam - The Netherlands, 10 March 2006
Covering a total surface area of 34,000 sqm the plant will produce 400,000 tons of biodiesel and 60,000 tons of pharma-glycerine per year. It is scheduled to start up operation in the third quarter of 2007. This third plant will enable BIOPETROL’s goal of increasing annual capacity to 750,000 tons As Klaus Henschel, Chief Operation Officer of BIOPETROL commented: ‘In Rotterdam we have found the ideal location for our company in Europe, which offers us a clear competitive edge: First, we will be present in Europe’s largest refinery center and therefore close to our clients. Second, Rob Nijst, Division President Vopak Oil Europe, Middle East & Africa commented "This contract with BIOPETROL marks for us a significant step. We are very pleased to host and be connected to the largest biodiesel plant in the Netherlands. Biofuels are becoming increasingly important, also From Rotterdam, BIOPETROL aims to access sales regions in Northern, Western and Central Europe, thereby broadening its client base. The Rotterdam facility will be technically identical to the one in Rostock, Germany, which will be started up in fourth quarter of 2006. At present, the Biodiesel, a renewable energy, is produced from vegetable oils like rapeseed oil or soy oil. It can be blended with mineral oil based diesel or substitute diesel completely. As it does not contain any sulphur and as it is based on renewable resources it is environmental friendly.
Profile BIOPETROL BIOPETROL INDUSTRIES AG, based in Zug, Switzerland, produces and distributes premium quality biodiesel and pharmaceutical grade glycerine through its German subsidiaries. Its clients include the mineral oil industry and resellers, large fleet operators and public transport companies. Moreover, pharmaceutical glycerine is supplied to the pharmaceuticals and cosmetics industry. BIOPETROL INDUSTRIES AG currently produces around 150,000 tons of biodiesel and 30,000 tons of pharmaceutical glycerine per year in Schwarzheide. In early February 2006, the foundation stone for another facility was laid in Rostock. 150,000 tons of biodiesel per year will
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