Cepsa purchases Abengoa biodiesel plant for 8 million that cost 95 million

The mercantile court number 1 of Cadiz issued a judgment on December 22 in favor of the acquisition by Cepsa of Abengoa biodiesel plant in the port of San Roque (Cadiz). The race to get rid of its bioenergy portfolio and acquire liquidity to cope with its restructuring leads the Sevillian company to almost give away its biofuel plants spread across Europe and America. In this case, the sale closes at eight million euros, when the cost of the plant was almost one hundred million.

Table of Contents
Related posts

Bunkering is one of the most critical processes in maritime operations. The safe and efficient transfer of fuel not only

Maritime trade has always been shaped by geography. From the earliest civilizations, merchants sought natural harbours where ships could load

In global shipping, vessels are the backbone of trade. Every day, thousands of ships of different classes and capacities cross