From 830a7678d1114fca14ce11502ea1de4aaf43ed11 Mon Sep 17 00:00:00 2001 From: josettefgk5375 Date: Fri, 17 Jan 2025 22:52:57 +0100 Subject: [PATCH] Add Pioneering Biodiesel Producer Argent Energy Sold --- ...g-Biodiesel-Producer-Argent-Energy-Sold.md | 19 +++++++++++++++++++ 1 file changed, 19 insertions(+) create mode 100644 Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md diff --git a/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md b/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md new file mode 100644 index 0000000..4e1a99e --- /dev/null +++ b/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md @@ -0,0 +1,19 @@ +
Pioneering [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) manufacturer Argent Energy sold
+
23 July 2013
+
Argent Energy, a leader of large-scale industrial [production](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of [biodiesel](https://stocktwits.com/symbol/MNEL) in the UK, has been bought by a [green investment](https://pitchbook.com/profiles/company/51278-86) firm.
+
Argent, based near Motherwell, was [offered](https://www.google.com/search?kgmid=/m/0cqd_rb) to a subsidiary of London-based John Swire & Sons for a concealed sum.
+
Argent makes green roadway fuel by [recycling wastes](https://forest500.org/rankings/companies/mission-newenergy-limited) and residues such as [utilized cooking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil and tallow from the [meat industry](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
+
The [company](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) will remain in [private ownership](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and will continue to run individually.
+
Its senior management, [consisting](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of chairman Andy Hunter, [handling](https://www.zoominfo.com/c/mission-newenergy/346542889) Walker and [financial director](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [Jim Boyd](https://www.crunchbase.com/organization/mission-newenergy) are to stay with the business.
+
Souter Investments, the [private investment](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) firm of transport magnate Sir Brian Souter, [validated](https://www.google.com/search?kgmid=/m/0cqd_rb) it had sold its 37% stake in Argent.
+
'Future capacity'
+
Mr Walker said the investment by [John Swire](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [highlighted Argent's](https://stocktwits.com/symbol/MNEL) [strong market](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) position, [including](https://www.zoominfo.com/c/mission-newenergy/346542889) there was now a chance "to take Argent's skills more afield".
+
Barnaby Swire, of John Swire, said his business was committed to "exploring and buying innovative and viable green industries".
+
He included: "We are thrilled to be acquiring Argent Energy, a business which we believe can grow and flourish not just within the UK but likewise overseas, in specific in Asian markets with which Swire Group business recognize.
+
"John Swire & Sons Ltd sees in Argent Energy's workers a mix of qualities and values that are suitable with our own, and anticipate working with them to maximise Argent [Energy's future](https://stocktwits.com/symbol/MNEL) capacity."
+
Argent was developed in 2001. In 2009 it was purchased by a consortium which included senior management along with Souter Investments.
+
Its plant at Newarthill, near Motherwell, has the capability to produce approximately 50 million litres of biodiesel a year.
+
Cooking oil to run buses in trial
+
4 November 2011
+
Argent Energy
+
Souter Investments
\ No newline at end of file