Petrotec biodiesel sales climb 97 percent for 2011
March 19, 2012
| Isabel Lane
In Qatar, Petrotec AG, the largest European producer of cooking oil based waste to biodiesel, reported a 97% sales increase in 2011 as sales totaled EUR $173m.
In 2009, Petrotec implemented a turnaround of its operational and financial structures, backed by an increased demand for sustainable waste-based biodiesel. The company intends to expand its business model to expand the cooking oil collection and treatment of raw materials, pending market development and cash position.
Category: Fuels