Petrotec restarts production, releases financial report

By | January 17, 2008
At press time, Petrotec AG aimed to restart biodiesel production in January at its 27 MMgy facility in Südlohn-Oeding, Germany. Production had been halted due to unfavorable market conditions. The company is also opening a 23 MMgy biodiesel plant in Emden, Germany. The announcement came after the company released its third quarter 2007 financial results, which indicated that sales increased 12.8 percent to 16 million euro ($23.5 million) in that quarter. The volume of used cooking oil feedstock collected by Petrotec increased 15 percent during that same time frame.
 
 
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