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Reuters Biodiesel Plant Planned For Rotterdam

Date: 02-May-07
Country: NETHERLANDS

WHEB Biofuels, in which Italian venture capital firm Atmos SpA is an investor, said in a statement on Tuesday that investment in the new plant would amount to 70.2 million euros (US$96 million).

British-based ED&F Man, also an investor in WHEB Biofuels, will supply the raw materials for the plant.

WHEB Biofuels said construction would begin later this year, subject to environment permits being granted.

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