From e39abf95e27ad459b2dd4103291f3db2a98dd075 Mon Sep 17 00:00:00 2001
From: bebemcanulty71 <bebemcanulty@emailinbox.store>
Date: Sun, 12 Jan 2025 02:42:15 +0000
Subject: [PATCH] Add Pioneering Biodiesel Producer Argent Energy Sold

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+<br>Pioneering [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [manufacturer Argent](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Energy sold<br>
+<br>23 July 2013<br>
+<br>Argent Energy, a leader of massive industrial [production](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of [biodiesel](https://pitchbook.com/profiles/company/51278-86) in the UK, has actually been bought by a green financial investment company.<br>
+<br>Argent, based near Motherwell, was sold to a subsidiary of London-based John Swire & Sons for a [concealed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) sum.<br>
+<br>Argent makes green roadway fuel by recycling wastes and [residues](https://www.crunchbase.com/organization/mission-newenergy) such as [utilized cooking](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil and tallow from the .<br>
+<br>The company will remain in personal ownership and will [continue](https://www.crunchbase.com/organization/mission-newenergy) to run separately.<br>
+<br>Its senior management, including chairman Andy Hunter, handling director [Jim Walker](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and [monetary director](https://stocktwits.com/symbol/MNEL) [Jim Boyd](https://forest500.org/rankings/companies/mission-newenergy-limited) are to remain with the company.<br>
+<br>Souter Investments, the personal investment firm of [transportation tycoon](https://www.crunchbase.com/organization/mission-newenergy) Sir Brian Souter, [confirmed](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) it had actually [offered](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) its 37% stake in Argent.<br>
+<br>'Future capacity'<br>
+<br>Mr Walker stated the investment by John Swire [underlined Argent's](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) strong market position, including there was now an [opportunity](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) "to take Argent's abilities more afield".<br>
+<br>[Barnaby](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Swire, of John Swire, stated his company was [devoted](https://www.google.com/search?kgmid=/m/0cqd_rb) to "exploring and buying ingenious and practical green industries".<br>
+<br>He included: "We are thrilled to be acquiring Argent Energy, a company which we think can grow and flourish not just within the UK however likewise overseas, in particular in Asian markets with which Swire Group companies are familiar.<br>
+<br>"John Swire & Sons Ltd sees in Argent Energy's staff members a mix of characteristics and worths that are suitable with our own, and [anticipate dealing](https://pitchbook.com/profiles/company/51278-86) with them to increase Argent Energy's future [potential](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)."<br>
+<br>Argent was established in 2001. In 2009 it was purchased by a consortium that included senior management along with Souter Investments.<br>
+<br>Its plant at Newarthill, near Motherwell, has the capability to produce up to 50 million litres of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) a year.<br>
+<br>Cooking oil to run buses in trial<br>
+<br>4 November 2011<br>
+<br>Argent Energy<br>
+<br>Souter Investments<br>
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