7:55 AM MDT | July 24, 2013 | Francinia Protti-Alvarez
John Swire & Sons (London), a diversified corporation has acquired, via its subsidiary Green Investments, Argent Energy (Motherwell, UK), a biodiesel producer, Argent announced today. Financial details of the deal were not disclosed, but its value is about £80 million ($123 million), according to the Financial Times. Argent pioneered large-scale commercial biodiesel production in the United Kingdom when it started production at its plant near Motherwell, in 2005. Souter Investments (Edinburgh) will divest its stake in Argent , which it held for four...
Already an IHS Chemical Week member? Login here
Forgot your user ID or password? Click here to have it sent to you.
Click here for 6 months access to the lates news, data and statistics on sustainability. PLUS all the news and analysis from the Chemical Week editorial team updated everyday on IHS Chemical Week