This strategic acquisition strengthens STX Group’s position in the biofuels value chain and supports the company’s vision to become a globally leading trader in the integrated feedstocks-to-fuels-to-ticket markets.
Marine Olie
Marine Olie is a globally operating trading company specializing in vegetable oils and fats, such as palm oil, soybean oil, and UCO (used cooking oil). With its own storage and laboratory facilities in Moerdijk and Wormer, the company specializes in blending products to specifications for applications in the animal feed industry, bio heating (BHO), and biomass.
For more information, visit: https://marine-olie.nl/
STX Group
STX Group is a pure-play environmental commodity trading house with offices in amongst others New York, London and Amsterdam and more than 500 employees. The company specializes in Renewable Energy Certificates (RECs), Carbon Allowances (ETS) and Energy Efficiency Certificates. In March 2021, STX acquired the Budapest-based trading house Vertis, resulting in a combined company offering full-service access to the widest range of traded environmental commodities and provide comprehensive support to clients on their journeys to Net Zero emissions and beyond, to climate positive.
With the acquisition of Marine Olie, STX adds in-house capacity and expertise to handle the physical flow of feedstock for clients, while Marine Olie benefits from an extensive network, complementary product offerings, and a financially strong partner.
For more information, please visit: https://stxgroup.com/