Petrotec increases net sales

By | October 14, 2008
During the first half of 2008, German biodiesel producer Petrotec AG posted net sales of 41 million ($61 million), up 29 percent from last year. The company operates two facilities in Germany with a combined capacity of 185,000 tons (53 MMgy). Falk von Kriegsheim, Petrotec's head of investor relations, attributes the growth to public opinion favoring the company's use of yellow grease and animal fats as feedstocks, and the recent completion of Petrotec's second biodiesel plant in the harbor of Emden, Germany.
 
 
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