Press release | Dordrecht, 8th january 2018

FinCo obtains AEO license

FinCo Supply & Trading B.V. recently received the license Authorized Economic Operator (AEO).
An AEO license is issued by customs once the company meets a number of set criteria and offers various advantages in trade.

Customs AOE

In a reaction, Chief Executive Officer Pieter Peeters indicates that he and his team are delighted with the permit: "We are very pleased with this milestone. Since the establishment of FinCo in 2013, we are constantly working on optimizing our administrative, security and operational processes. Our goal is to add as much value as possible to the total supply chain of our customers. This permit ensures even faster and more efficient service and encourages us to continue optimizing our processes every day."

Companies involved in EU cross-border goods movements and their suppliers are affected by this legislation. The European Union also wants to offer better facilities for businesses. These facilities lead to less logistic delays and lower administrative costs. Companies can therefore request the status of Authorized Economic Operator (AEO). An AEO license is valid in all member states of the EU. The Dutch customs have trust in FinCo Supply & Trading B.V. and issued the AEO permit on 20 December 2017.

en
Press release

First step towards reopening pellet factory of Coega Biomass Centre

Coega Biomass Centre pellet factory in Gqeberha (Port Elizabeth), South Africa
Rotterdam, 5 April 2022

Funding the restart of CBC pellet factory fits within FinCo’s ambition to play a key role in the supply chain. This includes access to biomass residues, the sustainable harvesting and processing of the material and the conversion to low carbon transport fuels.

Press release

FinCo Fuel will collaborate with Advanced Methanol Rotterdam

The advanced biofuel facility, Advanced Methanol Rotterdam (AMR), at the port of Rotterdam
Rotterdam, 20 April 2022

The advanced biofuel facility, Advanced Methanol Rotterdam (AMR), will convert non-recyclable waste into advanced methanol at the Port of Rotterdam, which will be purchased by FinCo Fuel. Advanced Methanol will achieve the CO2 emission reductions set out in the Renewable Energy Directive II (RED II) and the Fit-for-55 package.

Press release

FinCo Fuel acquires XBEE dealership for Benelux

Alt
Rotterdam, 7 June 2021

FinCo Fuel has taken over the dealership for the distribution and sales of XBEE enzyme technology for the Benelux as per 1st June 2021. This acquisition fits with the ambition of FinCo Fuel to be a front runner in the transition towards low-carbon fuels.

Press release

FinCo Fuel and African Clean Energy start a three-year partnership

Alt
Rotterdam, 15 september 2020

The Dutch FinCo Fuel Group has started a three-year collaboration with African Clean Energy (ACE) around their smart cooker ACE One. The collaboration stems from FinCo Fuel's objective to make its own business activities CO2-neutral. FinCo Fuel invests both resources and knowledge in ACE. The two parties are also working together to make the results of the ACE One more measurable, so that more partners can be involved in the project.