From 001d354a952bf51e4014baa626bfd4cadd1f84df Mon Sep 17 00:00:00 2001
From: taylorelmer28 <taylorelmer@emailplanet.website>
Date: Sun, 12 Jan 2025 01:56:36 +0000
Subject: [PATCH] Add Pioneering Biodiesel Producer Argent Energy Sold

---
 ...g-Biodiesel-Producer-Argent-Energy-Sold.md | 19 +++++++++++++++++++
 1 file changed, 19 insertions(+)
 create mode 100644 Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md

diff --git a/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md b/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md
new file mode 100644
index 0000000..2f3b4a0
--- /dev/null
+++ b/Pioneering-Biodiesel-Producer-Argent-Energy-Sold.md
@@ -0,0 +1,19 @@
+<br>[Pioneering](https://stocktwits.com/symbol/MNEL) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [producer Argent](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Energy sold<br>
+<br>23 July 2013<br>
+<br>Argent Energy, a [pioneer](https://stocktwits.com/symbol/MNEL) of large-scale commercial production of [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) in the UK, has actually been bought by a [green investment](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) firm.<br>
+<br>Argent, based near Motherwell, was sold to a subsidiary of [London-based John](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) 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](https://stocktwits.com/symbol/MNEL) fuel by [recycling wastes](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and residues such as used cooking oil and tallow from the [meat market](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
+<br>The company will remain in [personal ownership](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and will [continue](https://www.google.com/search?kgmid=/m/0cqd_rb) to run [separately](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>Its senior management, including chairman Andy Hunter, managing director Jim Walker and monetary director Jim Boyd are to stay with the company.<br>
+<br>Souter Investments, the [personal investment](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) firm of transport magnate Sir Brian Souter, [validated](https://forest500.org/rankings/companies/mission-newenergy-limited) it had actually sold its 37% stake in Argent.<br>
+<br>'Future potential'<br>
+<br>Mr Walker stated the financial investment by [John Swire](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html)  strong market position, adding there was now an opportunity "to take Argent's skills more afield".<br>
+<br>Barnaby Swire, of John Swire, said his business was committed to "exploring and investing in ingenious and viable green industries".<br>
+<br>He included: "We are pleased to be obtaining Argent Energy, a business which we think can grow and prosper not only within the UK however also overseas, in particular in Asian markets with which Swire Group companies are familiar.<br>
+<br>"John Swire & Sons Ltd sees in [Argent Energy's](https://forest500.org/rankings/companies/mission-newenergy-limited) staff members a mix of attributes and values that are suitable with our own, and look [forward](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to working with them to increase Argent Energy's [future potential](https://forest500.org/rankings/companies/mission-newenergy-limited)."<br>
+<br>Argent was established in 2001. In 2009 it was purchased by a consortium which consisted of senior management in addition to Souter Investments.<br>
+<br>Its plant at Newarthill, near Motherwell, has the capacity to produce as much as 50 million litres of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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>
\ No newline at end of file