About Petrotec
Petrotec was founded in 2006 as a renewable energy company based in Borken, Germany. Used cooking oil and other waste feedstocks are collected from over 15,000 points and processed into biodiesel at biorefineries in Emden and Oeding. Annual production capacity reaches 55.5 million gallons (185,000 metric tons), with output compliant to EU standard EN 14214. In December 2014, 69 percent equity ownership was acquired by REG for 20.9 million.
- Headquarter Borken, Germany
- SectorsEnergy & Utilities
- Email••••••••
- Website petrotec.de
- Social LinkedIn
- Acquired by Renewable Energy Group (Dec 2014)
- Investors
- Acquired byRenewable Energy Group
(Dec 2014)
Investors in Petrotec
Petrotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chevron Renewable Energy Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biofuels and renewable chemicals are developed for industrial applications. | 2006 | regi.com | Ames, United States |
Investor details for Petrotec
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People of Petrotec
1 people are tracked at Petrotec (1 in leadership).
| Name | Role | Group |
|---|---|---|
Randy Howard | CEO | Leadership |
Complete people profiles for Petrotec
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Timeline of Petrotec
2 dated milestones of Petrotec across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Petrotec is founded.
- Exit Acquired by Renewable Energy Group.
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Frequently Asked Questions about Petrotec
Petrotec was founded in 2006.
Petrotec is headquartered in Borken, Germany. It is registered at Borken, Hesse, Germany.
Randy Howard is the current CEO of Petrotec.
Petrotec was founded in 2006 as a renewable energy company based in Borken, Germany. Used cooking oil and other waste feedstocks are collected from over 15,000 points and processed into biodiesel at biorefineries in Emden and Oeding. Annual production capacity reaches 55.5 million gallons (185,000 metric tons), with output compliant to EU standard EN 14214. In December 2014, 69 percent equity ownership was acquired by REG for 20.9 million.
Petrotec has 1 investor. Key investors include Chevron Renewable Energy Group.
Yes. Petrotec was acquired by Renewable Energy Group in December 2014.