Changing of the guard at Petrotec

German biodiesel producer Petrotec has announced that it has undertaken an internal restructuring programme that is likely to lead to the release of more than 20 employees within the coming days.

It says the restructuring programme is deemed necessary to ensure the company’s survival.

Spokesman of the Board of German biodiesel producer Petrotec, Roger Böing, has stepped down from his position, effective immediately.

Böing’s resignation, due to personal reasons, has led to the appointment of Boaz Zafrir named as the new CEO.