Displaying items by tag: Shares

Netherlands: N+P Recycling has acquired all the shares in Subcoal International as well as Subcoal Production. The move follows the initial purchase of a majority holding in these companies in 2013. N+P has since invested in the development of the Subcoal companies, including work at the Delfzijl production site.

The Subcoal concept was developed in 1998 by DSM but was only fully implemented on a large scale in 2010. Since N+P’s involvement in 2013, the concept has developed globally with demand growing for Subcoal as an alternative fuel used by cement or power plants.

Based on the success of the concept N+P expects a growth of the production capacity to 0.5 – 0.7Mt/yr. The first new production facility is expected in the UK by mid-2018.