Norden takes stake in biofuel developer


Source: Norden

Tanker operator Norden has acquired a minority stake in a biofuel developer, with the intention of helping the renewable fuel producer to bring its biofuel to the maritime market.

The minority holding in MASH Makes, a Danish-Indian biofuel developer that develops renewable fuels from biomass waste, will allow Norden to obtain preferential access to renewable fuels, specifically biooil, at favourable pricing.

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