"Briksol" is looking for investor, €20m needed for starting of produiction of biodiesel and glycerine

Chemical industry «Briksol» from Vršac is ready to start production of biodiesel and glycerine and, therefore, it is looking for a strategic partner that would invest €20m in that business. There is no waste in production of biodiesel, which makes that business very profitable. Usual obstacle to production of biodiesel is lack of the unit for oil filtering, but, here, that is not the case because there are oil factories about 100 km or less away that can do that. None of the factories in our country produces glycerine and «Briksol» has the necessary equipment and machines.