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BIOPETROL INDUSTRIES AG Baarerstraße 53 / 55 6304 Zug, Switzerland http://www.biopetrol-ind.com
Contact Mr Gerd Rückel +49 69 577030031
Company logo of BIOPETROL INDUSTRIES AG
BIOPETROL INDUSTRIES AG

BIOPETROL: Business Update

(PresseBox) (Baar, )
.
- Market conditions remain very challenging
- Mothballing of site in Pernis
- Invitation to discuss financial situation with largest two creditors

BIOPETROL INDUSTRIES AG, the Switzerland-based producer of biodiesel and high quality pharmaceutical-grade glycerine, today announced it will mothball the production site at the location in Rotterdam-Pernis.

"The market conditions have remained very weak since the beginning of the year", Maarten Roelfs, Chief Executive Officer said. "As a consequence of this challenging environment, we are taking decisive action to minimize our cost base by concentrating production at our locations in Rotterdam-Botlek and Rostock."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.