Argent Energy Group to Acquire Simadan’s Biodiesel Amsterdam Facility

UK-based biodiesel producer Argent Energy Group, a subsidiary John Swire & Sons, is set to acquire Dutch Simadan Group’s biodiesel production, tank storage and cleaning facilities in Amsterdam. The deal, signed through Argent Energy Netherlands, was expected to close by early September.

Simadan’s Biodiesel Amsterdam facility produced more than 100,000 tons/year of tallow-based biodiesel. Its acquisition marked Argent Energy’s first venture outside the UK, where the company operates a large-scale commercial biodiesel facility using food and meat processing waste and sewer grease as feedstock.