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Viernes, 27 de septiembre de 2024

biocarburantes

Becco Biofuels to invest 25 m euros in a biodiesel plant in Madrid

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Becco will build a plant through Becco España, its Spanish subsidiary. The factory will be located in Villaverde (Madrid) and will produce around 500,000 tonnes of biodiesel per year and will also createmore than 50 direct jobs. The plant will enter into operation during the second half of 2006. Becco España –a subsidiary firm in which former New York's Mayor Rudolf Giuliani is a shareholderi-, Sage Capital (75%), Caja de Burgos (20%) and Grupo Antolín (5%)– will produce 128,000 tonnes of biodiesel per year from 2007.

According to Mr Javier Álvarez-Cascos, Becco España's CEO, this projects is the first step of Becco Biofuels as part of its ambitions in the Spanish market.

According to Mr Álvarez-Cascos, Spain is a strategic market with a huge development potential in the short and medium term, reason why Becco España is planning to invest more than 140 million euros in the next five years building biodiesel plants accross the country, which will create more than 300 direct jobs and will produce around 500,000 tonnes of biodiesel per year.

Besides Spain, Becco is present in Latin America, Asia and Europe, with biofuel and other renewable projects currently being developed at different stages.

For additional information:
cristina.aguilar@sefusion.com
nuriah@serfusion.com
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