In the Netherlands, STX Group acquired Marine Olie, a leading trader of waste-based advanced feedstocks. This strategic acquisition strengthens STX Group’s position in the biofuels value chain and supports the company’s vision to become a globally leading trader in the integrated feedstocks-to-fuels-to-ticket markets.
Marine Olie’s vast experience in aggregating, blending and optimizing oils and fats, and strategic infrastructure positions in the Amsterdam-Rotterdam-Antwerp (ARA) area will be combined with STX Group’s broader environmental market footprint, regulatory expertise and access to capital. This will create a globally leading feedstock trading platform under STX Group, with an ability to optimize across a bigger portfolio, providing more liquidity and superior risk management solutions to a broad range of different end-users.
Tags: Marine Olie, Netherlands, STX Group
Category: Fuels