BioMCN has recently signed an agreement with ED & F Man for sourcing, risk management, and delivery of crude glycerin from Argentina. Under the agreement, the two Dutch companies will form a consortium and will combine their expertise in sourcing the susbtance. The Latin American country is fast becoming a global producer of biodiesel, in which crude glycerin is a byproduct.
“We are very pleased with this agreement with BioMCN, as we see BioMCN as an important player in the glycerin industry,” said Arie van der Spek, trading director at ED&F Man. “We are proud to be chosen by BioMCN to source their crude glycerin and we look forward to our ongoing relationship with them. We are one of the leading providers of sugar, coffee, financial services and liquid products for feed, food or technical use, such as molasses and glycerin. In our chosen commodities we provide a comprehensive range of supply chain services from production, sourcing, storage, delivery to risk management. This agreement is therefore a perfect fit for both companies.”
ED & F Man is a leading provider of basic commodities, as well as logistics and risk management services. It has more than 4,000 employees working in over 50 countries. On the other hand, BioMCN is one of the largest biodiesel companies worldwide. It specializes in converting glycerin into biomethanol, which can either be used as a feedstock to produce several forms of biodiesel, or mixed with gasoline. The organic substance can also serve as a raw material for plastic and paints.
Several years ago, BioMCN purchased two existing methanol plants that were modified to produce biomethanol, while the second stage of development is slated to be finished in 2013. From its current capacity of 200,000 metric tons, it is expected to double when those plants are fully developed. A separate facility for converting woody biomass into methanol is also under its way.
Rob Voncken, CEO of BioMan, is extremely pleased with the agreement. According to him, ED & F Man was chosen primarily because of its consolidated position in the region. He adds,” Their expertise in shipping bulk products is a valuable addition to our business. Furthermore ED & F Man is ISCC-certified,
meaning that we can demonstrate sustainability of our feedstock throughout the entire supply chain.”
“We are very pleased with this agreement with BioMCN, as we see BioMCN as an important player in the glycerin industry,” said Arie van der Spek, trading director at ED&F Man. “We are proud to be chosen by BioMCN to source their crude glycerin and we look forward to our ongoing relationship with them. We are one of the leading providers of sugar, coffee, financial services and liquid products for feed, food or technical use, such as molasses and glycerin. In our chosen commodities we provide a comprehensive range of supply chain services from production, sourcing, storage, delivery to risk management. This agreement is therefore a perfect fit for both companies.”
ED & F Man is a leading provider of basic commodities, as well as logistics and risk management services. It has more than 4,000 employees working in over 50 countries. On the other hand, BioMCN is one of the largest biodiesel companies worldwide. It specializes in converting glycerin into biomethanol, which can either be used as a feedstock to produce several forms of biodiesel, or mixed with gasoline. The organic substance can also serve as a raw material for plastic and paints.
Several years ago, BioMCN purchased two existing methanol plants that were modified to produce biomethanol, while the second stage of development is slated to be finished in 2013. From its current capacity of 200,000 metric tons, it is expected to double when those plants are fully developed. A separate facility for converting woody biomass into methanol is also under its way.
Rob Voncken, CEO of BioMan, is extremely pleased with the agreement. According to him, ED & F Man was chosen primarily because of its consolidated position in the region. He adds,” Their expertise in shipping bulk products is a valuable addition to our business. Furthermore ED & F Man is ISCC-certified,
meaning that we can demonstrate sustainability of our feedstock throughout the entire supply chain.”
No comments:
Post a Comment