July 20, 2018
BY Ron Kotrba
Argent Energy Group, a subsidiary of John Swire & Sons Ltd., has reached an agreement under Argent Energy Netherlands B.V. to acquire Amsterdam-based Simadan Group’s biodiesel production, tank storage and cleaning facilities.
Dickon Posnett, director of corporate affairs for Argent Energy, told Biodiesel Magazine that Biodiesel Amsterdam is currently operating and produces more than 100,000 tons per year (30 MMgy) of tallow-based biodiesel.
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The company expects the acquisition to be completed by early September, provided necessary conditions are met and the regulatory authorities approve the transaction.
Argent Energy is an award-winning, large-scale commercial biodiesel production in the U.K. that uses wastes from the food and meat processing industries as well as sewer grease.
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The acquisition of the Netherlands complex represents the first step for Argent Energy to replicate its business outside the U.K.
“This investment will allow Argent to develop our capability of recycling waste fats and oils in the production of biofuel,” said Jim Walker, Argent Energy managing director. “It further underlines Swire’s commitment to contribute to the global reduction of CO2 emissions, just as the U.K. and EU are legislating for continued decarbonization of transport to 2030 and beyond.”
The European Commission on July 18 announced its investigation into biodiesel imports from China is now complete and did not confirm the existence of fraud. The commission will take action, however, to address some systemic weaknesses it identified.
Kintetsu World Express Inc. has signed an additional agreement with Hong Kong, China-based Cathay Pacific Airways for the use of sustainable aviation fuel (SAF). The agreement expands a three-year partnership between the two companies.
Broco Energy on July 17 announced a new partnership with the Massachusetts Port Authority (Massport) to deliver and transition Massport's fuel tanks to renewable diesel across its various facilities.
Shell Aviation, Accenture, and Amex GBT on July 10 announced Avelia is in the process of evolving to an industry solution with independent data hosting and a multi-supplier model helping users access the GHG benefits of SAF.
The U.S EPA on July 17 released data showing more than 1.9 billion RINs were generated under the RFS during June, down 11% when compared to the same month of last year. Total RIN generation for the first half of 2025 reached 11.17 billion.