Greenergy Acquires Amsterdam Biodiesel Manufacturing Facility
Oiltanking has reached an agreement with Greenergy, a UK supplier of transportation fuels, to purchase an idle biodiesel manufacturing facility located at Oiltanking’s site in Amsterdam. The acquisition of a third biodiesel plant will allow Greenergy to meet growing demand for waste-based biofuel in the UK and Europe.
The Amsterdam biodiesel manufacturing facility was built in 2010 to process vegetable oils but was never commissioned. Greenergy plans to carry out works over the next year to convert the facility to process waste oils rather than vegetable oils and then to add further production capacity. Under a long-term agreement, Oiltanking will provide Greenergy with storage facilities for raw materials and finished biodiesel, as well as a range of support services. Therefore, as Greenergy's logistical partner, Oiltanking becomes an integral part of this green sustainable supply chain.