Greenergy has bought the assets of a major biodiesel maker in the United Kingdom. The company acquired Harvest Biofuels’ biodiesel manufacturing facility at Seal Sands on Teesside, England, giving Greenergy additional biodiesel production capacity to meet its own biofuel blending obligations in the UK.
As part of the agreement reached with Harvest:
Greenergy has taken on Harvest Biofuels’ biodiesel storage contract at Dordrecht in the Netherlands.
Harvest Energy will become an ex-rack customer of Greenergy for petrol and diesel for its customers in the South East of England, Teesside and in Scotland.
Andrew Owens, Greenergy Chief Executive, said:
“The acquisition of the Harvest biodiesel plant will help bring our own production and blend requirements into balance. Most of the biodiesel that we blend into diesel in the UK will now be manufactured and quality assured in our own facilities.
“There are great opportunities to improve further the performance of both manufacturing sites by making best use of feedstock, through technology transfer and the sharing of best practice.”
Greenergy already has a waste-based biodiesel in England, but that plant doesn’t produce enough biodiesel to meet the company’s biodiesel blending. This deal allows Greenergy to stop importing biodiesel to meet those requirements.