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Markets :: Alternative Fuels :: Biodiesel

Dutch company to invest €65 million for second-generation biodiesel project

9:10 AM MST | December 13, 2013 | Francinia Protti-Alvarez

Simadan Holding (Amsterdam) will invest €65 million ($89.5 million) to build a second-generation biodiesel plant at Amsterdam, the company announced today. The waste-to-fuel plant will be operated by Biodiesel Amsterdam (Lijnden, Netherlands), a Simadan subsidiary. The plant will increase the company's biodiesel capacity by 150,000 m.t./year. The company did not disclose its existing biodiesel capacity. The investment includes a distillation plant with capacity for 50,000 m.t./year of pharmaceutical-grade glycerine, the company adds. The 12-hectare location...

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