Neste has released a statement to announce it has acquired 100 per cent of the Dutch Count Companies BV’s Count Terminal Rotterdam BV and its supporting entities, part of the First Dutch Group of Peter Goedvolk.
The statement said the transaction was signed and closed on 7 May, 2020. Neste is the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials.
Peter Vanacker, Neste’s President and CEO, said: “This is another important step for Neste in the execution of our growth strategy. This acquisition supports our efforts to build a global renewable waste and residue raw material platform that can keep pace with the world’s growing demand for renewable products.
“Count Terminal Rotterdam and Neste Demeter have had a successful long-term collaboration at the site and the acquisition by Neste serves as a logical next step in deepening cooperation and in developing operations further.”
Count Terminal Rotterdam stores, refines and blends renewable waste and residue-based raw materials in the Rotterdam harbour area. It will be the first terminal asset Neste owns for renewable feedstock aggregation, enabling the company to further develop its raw material logistics for the future.
The transaction will also enhance Neste’s competitiveness in the global renewable waste and residue raw material market, the statement said.
For more information visit www.neste.com