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petrotec ag (PT8) Snapshot

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52 Week High
05/6/14 - €1.69
52 Week Low
12/9/14 - €0.58
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petrotec ag (PT8) Details

Petrotec AG, through its subsidiaries, manufactures and distributes biodiesel from used cooking oil as the feedstock primarily in Germany. It processes fresh vegetable oils, such as rape seed, soy, and palm oil; and oils and fats, including yellow grease, animal fats and oils, and fish oils. The company also offers by-products, such as glycerin, fatty acids, and potassium sulfate. Petrotec AG sells its biodiesel to mineral oil dealers, petroleum companies, and wholesalers. Petrotec AG is based in Borken, Germany. As of December 29, 2014, Petrotec AG operates as a subsidiary of REG European Holdings B.V.

111 Employees
Last Reported Date: 11/13/14

petrotec ag (PT8) Top Compensated Officers

Chief Executive Officer and Member of Managem...
Total Annual Compensation: €480.0K
Compensation as of Fiscal Year 2013.

petrotec ag (PT8) Key Developments

Petrotec AG Announces Preliminary Unaudited Sales Results for the Fiscal Year of 2014; Provides Earnings Guidance for the Full Year of 2014

Petrotec AG announced preliminary unaudited sales results for the fiscal year of 2014. The company has in the fiscal year 2014 generated a turnover of approximately EUR 167 million compared to EUR 193 million a year ago. Preliminary figures for the fiscal year 2014 show an expected annual loss of approximately EUR 3.8 million. The expected EBITDA amounts to approximately EUR 0.6 million compared to previous results of EUR 7.5 million, the expected LBIT approximately EUR 2.2 million previous results of EUR 4.9 million and the expected annual net loss approximately of EUR 3.8 million previous results of EUR 4.0 million.

Petrotec AG(DB:PT8) dropped from Germany OkoDAX Index (Performance)

Petrotec AG will be removed from Germany OkoDAX Index (Performance).

PETROTEC AG Announces Board Changes

PETROTEC AG announced that Yom-Tov Samia (deputy chairman of the supervisory board) as well as Mr. Isaac Isman (member of the supervisory board) have resigned from their offices as members of the supervisory board with immediate effect. The management board of the company, with the approval of the chairman of the supervisory board, intends to apply for the appointment by court of the following persons to become member of the supervisory board without undue delay: Daniel J. Oh, President and Chief Executive Officer, Renewable Energy Group Inc. Brad Albin, Vice President Manufacturing, Renewable Energy Group Inc.


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CropEnergies AG €2.96 EUR 0.00
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