Ambrian Energy created

August, 2010
Ambrian Capital has bought the physical bio-fuels business of the Masefield Group and it is changing its name to Ambrian Energy GmbH.

The business was formed in 2006 to supply European clients with bio-diesel and other renewable fuels and it is one of the top four suppliers of Palm Methyl Ester (PME), which is produced from palm oil. Other fuels supplied include Rapeseed Methyl Ester (RME) and Soybean Methyl Ester (SME). Ambrian is keen to gain exposure to a section of the fuels market which it believes has growth potential. It provides an add-on to the general commodities trading operations of Ambrian.

Ambrian will invest $5m in the business to provide working capital. The Masefield business supplied 100,000 metric tonnes of bio-diesel, worth $100m, during 2009. It has 12,200 cubic metres of storage capacity in Ghent, Belgium.

AIM-quoted Ambrian owns broker Ambrian Partners, as well as commodities and metals traders and merchants. It also takes stakes in businesses.

< Prev   Next >
 

Share

Login

Content

AIM Comment

AIM - a tough market for cleantech compnies - by Andrew Hore

Although a few new entrants have joined AIM this year, cleantech companies are still leaving the junior market. Stock markets around the world are becoming tougher places to raise money again, but the problems with the latest company to shun its AIM quotation date back to its flotation and lack of financial progress since, rather than current market conditions.

Read more


SUBSCRIBE

Quoted Cleantech costs £85 for annual subscription.

DOWNLOAD TRIAL ISSUE

Register Now! - to receive regular email alerts.

Subscribe Now! to receive the newsletter for one year AND gain online access to all the back issues.

Already a subscriber (and logged in)? Download the latest issue - and back issues - now

Editor´s Message

by Anne McIvor

The Solyndra collapse in the US has damaged investor sentiment throughout the solar industry. In an unrelated move, the UK Government has backtracked on its policy to provide feed-in-tariffs (FiTs) for the solar sector. The UK Government’s argument is that the prices of solar modules have fallen substantially since the policy was first put in place, and that the FiT subsidy now permits solar installers to make an unjustifiable return on their investments.

Read more

 

 

Cleantech Utility Comment

UK Energy Policy – Prescribed by Germany and France? - by Nigel Hawkins

The last few weeks have been busy times in the EU and UK energy sectors – and the next few months are unlikely to be any different. 

Read more