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eNews from Tuesday, December 1, 2009

German Biofuel Plant Acquired by Swiss Energy Firm

LONDON, November 23 /PRNewswire/ -- Mercuria Energy has acquired 3B Biofuels Gmbh & Co. KG, a leading European bio-diesel refinery with 250,000 MT of fully operational production capacity. The plant is located in Brunsbuttel, Germany, at the confluence of the Elbe River and the Kiel canal, approximately eighty kilometers from Hamburg. This strategic location is close to the main commodity and refinery ports of Hamburg and the Benelux countries, providing competitive sourcing and selling opportunities. Following an upgrade which was completed in June 2009, the plant is a state-of-the-art facility.

The Mercuria Energy Group Ltd is an international group of companies active over a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas, power, coal, biodiesel, vegetable oils and carbon emissions. With its largest trading floor in Geneva, Switzerland and offices in twenty countries, Mercuria Energy is one of the world's five largest independent energy traders. The company also owns storage terminals in Europe and China, and upstream oil investments in the U.S., Canada and Argentina. For more information see: http://www.mercuria.com

The acquisition of 3B Biofuels, with its multi-feedstock technology will help Mercuria to efficiently meet its customers' need for diesel that is pre-blended to include mandatory bio-fuel components. As regulatory requirements continue to evolve, the plant will help Mercuria to provide the correct customized blend on demand for its customers.

David Ensor, Group Vice President for Communications, Mercuria Energy, dbensor@mercuria.com, +44-7900-917-243

(c) 2009 PR Newswire Europe Limited. All Rights Reserved., All Rights Reserved.


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