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PETROTEC AG: Statement of the Management Board and the Supervisory Board on the Takeover Offer - Seite 2
Germany. Petrotec runs a vertically integrated business model including own
collection of used cooking oil from more than 15,000 collection points,
treatment and refining of the raw material up to the technologically
demanding production of waste-based biodiesel. The Company sells its
biodiesel primarily to large mineral oil companies in northwest Europe. The
usage of waste based biodiesel enjoys a preferential double counting scheme
granted by major EU countries as part of the mandatory blending quotas.
Petrotecs EcoPremium biodiesel provides significant environmental and
climate advantages with the highest CO2 emission reduction of 83% (compared
with fossil diesel) amongst all biofuels approved by the EU Renewable
Energy Directive (2009/28/EC). Since its IPO in 2006, Petrotec cleaned more
than 800,000 tons of waste and saved over 2.5 million tons of CO2
emissions. Petrotec is a public listed company (ISIN DE000PET1111) in the
regulated market of Frankfurt Stock Exchange, in the Prime Standard
segment, complying with high international transparency standards. It has a
capital stock of 24,543,741 Euro, equaling 24,543,741 shares. Main
shareholder is REG European Holdings B.V., Netherlands, with a stake of 69
%, freefloat is approx. 18 %. In the business year 2013 (Jan. 1st to Dec.
31st) Petrotec reached sales of EUR 193 mill. and generated an EBIT of EUR
4.9 mill. and a net profit of EUR 4.0 mill. The Company employs about 115
employees.
Press contact
Petrotec AG
Vera Berlin
Investor Relations
Tel.: +49 (0) 2862 910080
ir@petrotec.de
End of corporate news
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26.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: PETROTEC AG
Fürst-zu-Salm-Salm-Str. 18
46325 Borken-Burlo
Germany
Phone: +49 (0)2862 9100 19
Fax: +49 (0)2862 9100 99
E-mail: info@petrotec.de
Internet: www.petrotec.de
ISIN: DE000PET1111
WKN: PET111
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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316377 26.01.2015
Vera Berlin
Investor Relations
Tel.: +49 (0) 2862 910080
ir@petrotec.de
End of corporate news
---------------------------------------------------------------------
26.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: PETROTEC AG
Fürst-zu-Salm-Salm-Str. 18
46325 Borken-Burlo
Germany
Phone: +49 (0)2862 9100 19
Fax: +49 (0)2862 9100 99
E-mail: info@petrotec.de
Internet: www.petrotec.de
ISIN: DE000PET1111
WKN: PET111
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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316377 26.01.2015
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