Shell buys Asia-based waste oil recycler to boost biofuels output
CNA – Shell Eastern Petroleum, a unit of oil giant Shell, said yesterday it has acquired Asia-based waste oil recycling firm EcoOils to expand its biofuels production. The company will completely take over EcoOils’ subsidiaries in Malaysia and a 90 per cent stake in its Indonesian subsidiaries through the deal, Shell Eastern said in a […]
Source: borneobulletin.com.bn