HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS MOTORING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    Chemrez ships biodiesel to Germany
    By Paul Anthony A. Isla

    Reporter

     

    COCO-BIODIESEL manufacturer Chemrez Technologies Inc. said on Tuesday that it has started exporting its BioActiv premium coco-biodiesel to the European Union’s (EU) Germany. The shipments were of commercial quantities after several trial deliveries last year.

    “BioActiv’s successful entry into the German market comes after several trial shipments to Rotterdam in The Netherlands, which is the entry port for oil shipments into [the EU],” said Dean Lao Jr. the company chief operating officer.

    This development is an affirmation of the quality of coco-biodiesel that Chemrez produces, the type that even surpasses DIN-EN-14214 — which is the EU’s specification standards for biodiesel, according to the Chemrez official. BioActiv coco-biodiesel is a diesel replacement that is compliant with Euro3 fuel standards. Philippine diesel is only Euro1 compliant.

    Lao said the shipments were made to ChemSynergy AG, Chemrez Tech’s exclusive marketing agent in Europe. ChemSynergy is a trading company specializing in oleochemicals, including biodiesel.

    ChemSynergy supplies biodiesel to German fuel distributors and some oil companies for blending with petro-diesel. Fuel distributors generally supply fleet accounts.

    Lao said ChemSynergy has reported that some fleet accounts in Germany even use 100-percent biodiesel as fuel for their vehicles, as biodiesel is tax-exempted Germany.

    After the commercial shipments to Germany, Lao said the company is now planning to improve its distribution channels over there so that Chemrez can expand its European presence and eventually spread out to Italy, Spain, France and Belgium as these countries already have mandates for the use of biodiesel.

    He said ChemSynergy is planning to lease storage tanks and other facilities in Rotterdam, where clients can draw their requirements almost immediately instead of waiting for shipments to come all the way from the Philippines.

    BioActiv has distinguished itself, passing with flying colors over stringent quality tests in Germany and Japan. Other biodiesel products from Malaysia, Indonesia and even the Philippines have failed the same tests.

    “One of the main strengths of BioActiv is its very low cold filter plug point, or its stability [in] cold weather. While the more popular palm oil-based biodiesel solidifies at 12 degrees Celsius, BioActiv has been shown to remain liquid at way below the freezing point of water with a cold filter plug point of -8 degrees Celsius,” Lao said.

    OTHER STORIES
    National Re to raise P3B via an April IPO

    NATIONAL Reinsurance Corp. of the Philippines (National Re) intends to raise P3 billion of fresh funds via an initial public offering (IPO) this April.

    read more

    Korea’s NCsoft taps RP’s AMDG to distribute Lineage II

    PC games distributor Asian Media Development Group (AMDG) has been tapped by Korean gaming giant NCsoft Corp. to market and distribute in Southeast Asia, the popular Internet game “Lineage II” through a $5.5-million deal. The deal rides on an exclusive marketing and distribution agreement.

    read more

    Jinchuan eyes MacroAsia nickel mine

    JINCHUAN Group Ltd., China’s biggest producer of nickel and cobalt, is conducting due diligence on the Palawan nickel mine of MacroAsia Corp., a publicly listed holding company controlled by business tycoon Lucio Tan.

    read more

    Chemrez ships biodiesel to Germany 

    COCO-BIODIESEL manufacturer Chemrez Technologies Inc. said on Tuesday that it has started exporting its BioActiv premium coco-biodiesel to the European Union’s (EU) Germany. The shipments were of commercial quantities after several trial deliveries last year.

    read more

    The Corporate Corner: Stockholders as the ultimate masters

    Section 28 of the of the Corporation Code states that any director or trustee of a corporation may be removed from office by a vote of the stockholders holding or representing at least two-thirds (2/3) of the outstanding capital stock, or if the corporation be a nonstock corporation, by a vote of at least two-thirds (2/3) of the members entitled to vote: Provided, That such removal shall take place either at a regular meeting of the corporation or at a special meeting called for the purpose, and in either case, after previous notice to stockholders or members of the corporation of the intention to propose such removal at the meeting.

    read more