Olleco to build new UCO facility after Stolthaven agreement
The UCO will then be transferred to Stolthaven Dagenham's storage tanks before it is converted into renewable, low-carbon biodiesel fuel.
Stolthaven Dagenham is the closest storage terminal to central London and is well connected by road to the greater London area and south-east England, making it a strategic new location for Olleco, which has several UCO processing sites in other parts of the UK.
This partnership with Olleco aligns with both companies' focus on developing sustainable energy alternatives.
“We are pleased to welcome Olleco to our Stolthaven Dagenham terminal," said Steve Walker, general manager, Stolthaven Dagenham.
"In recent years, we have invested significantly in the terminal – including a new jetty due for completion this year – to ensure we continue to meet the specific needs of our customers and we are looking forward to partnering with Olleco on this project.”
Pim van den Doel, Stolthaven Terminals' commercial and business development manager (EMEA), added: “Our new partnership with Olleco highlights the significance of waste oil in the production of biofuels and the role we play in the supply chain and the transition to sustainable products and alternative fuels.
“Together with our sister companies, Stolt Tankers and Stolt Tank Containers, we provide safe, integrated storage and handling solutions to the biofuel industry worldwide and our Dagenham terminal stores UCO for several customers.”
Ciara O’Keeffe O’Donovan, Olleco executive member, said: “This is an exciting next step for Olleco. The new facility will deliver efficient conversion of our waste oil, whilst adding capacity to facilitate our continued growth. We’re delighted to partner with Stolthaven, a company that aligns with our values and are committed to the renewable agenda.”