Peter Matrai has joined Butamax Advanced Biofuels as the company’s new Chief Operating Officer (COO). He will be responsible for the development and implementation of Butamax strategy and business plan. He will also be in charge of leading the company’s global commercial team which is currently engaged in activities in the U.S., Brazil, Europe and Asia.

Prior to joining Butamax, Peter spent five years with BP Biofuels where he was as a Strategy Advisor in London. In this role he was a key contributor to the development and implementation of BP Biofuels’ global strategy. Most recently, he led the development of a sustainable and scalable ligno-cellulosic biofuel business opportunity for BP in North America. In addition, Matrai’s has substantial experience in finance, mergers and acquisitions, emerging market investments, asset management, diplomacy, and public-private partnerships.

“Peter has an impressive track record for development and execution of commercial strategy. His deep understanding of biofuels, coupled with his experience of building successful new ventures, make him a powerful addition to the Butamax management team,” said Paul Beckwith, Chief Executive Officer of Butamax.