14 März 2006

Biopetrol Industries AG to construct third production facility in Rotterdam

Biopetrol Industries AG is to construct its third production facility in Rotterdam. Covering a total surface area 34,000 sq. m. it 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 2007. This third plant will enable the goal of increasing annual capacity to 750,000 tons of biodiesel by 2008 to be achieved more quickly than originally anticipated.

The Rotterdam facility will be technically identical to the one in Rostock, Germany, which will be started up in forth quarter 2006. At present, the company produces biodiesel in Schwarzheide, Germany.

Biopetrol Industies has signed a long-term co-siting agreement with the tank storage company Royal Vopak. Royal Vopak is the world’s largest independent tank storage company and serves 73 terminals in 29 countries with a storage capacity of over 20 million cubic meters.

Production capacity to be increased fivefold Biopetrol Industies 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 Industies 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 be produced there from October 2006, and this figure is set to increase to 200,000 tons in the second expansion phase. By the end of 2007, annual capacity should have increased by a factor of five to 750,000 tons of biodiesel.

Source: oleoline.com March 13, 2006.

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