Press release | Amsterdam / Dordrecht, 14 februari, 2019

IGES and FinCo cooperate on a new clean transportation fuel from non-recyclable plastics

Integrated Green Energy Solutions (IGES) and FinCo Fuel Nederland B.V. (FinCo) signed a 5-year agreement for the purchase and offtake of all liquid fuels from non-recyclable plastics that IGES will produce at their new Amsterdam production facility which is currently under construction. The new plant will start production in the summer of 2019. FinCo will distribute the fuels (10ppm ULSD among others) via her own distribution network. The main markets that will be supplied are the marine and transportation sector. The products comply with the latest quality requirements and play an important role in the transition from traditional hydrocarbon fuels to new low carbon fuels. “These waste-to-plastic fuels lead to a significant reduction of CO2 emissions which reflects the ambition of both companies”, said Bart-Willem ten Cate, responsible for biofuels and renewables at FinCo Fuel Group.

FinCo Fuel Group is active in the downstream oil market in primarily Northwest Europe. In the Netherlands FinCo’s core business is wholesale, retail, bunkering and direct sales of mineral oils and biofuels under the name FinCo Fuel Nederland B.V. FinCo is fully committed to increased usage of cleaner fuels and is dedicated to play an important role in reducing CO2 through a portfolio of alternative fuels. Jan-Willem van der Velden and Peter Nohlmans are the founders and shareholders of FinCo Fuel Group and form the Board of Directors of the company together with Pieter Peeters and Hans Wouda. The Group has offices in Dordrecht, Hamburg and Zug.


Integrated Green Energy Solutions is a public listed company which is traded on the Australian Stock Exchange. The company is active in the development of technology and production systems that have a positive environmental effect specifically related to a solution for non-recyclable plastic waste. IGES is currently constructing a plant in Amsterdam which will turn 35.000 metric tons of non-recyclable plastic into 35 million liters of transportation fuel per year. The cleaner fuel prevents a yearly emission of 57.000 metric tons CO2. IGES has concrete plans to increase the production capacity by four times. The management of IGES Amsterdam is formed by co-shareholders and entrepreneurs Paul Harkema and Floris Geeris.


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For inquiries and information about FinCo or IGES please contact Esterella Voorwinde – or + 31 88 021 5129

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 Group proudly introduces its newest energy carrier: Electricity

Rotterdam, 11 October 2022

Being an independent provider for sustainable energy solutions, we must quickly scale up our impact on the ongoing energy transition. Adding new energy carriers to our sustainable portfolio is important to guide our customers during their CO2-journey to decarbonisation. An energy carrier in which we see a lot of opportunities is electricity. Via our collaboration with EQUANS, international market leader in technical services, we are now able to offer various energy solutions to our customers.

Press release

FinCo Fuel Group & Gane Energy sign a strategic partnership to introduce a green methanol blend for heavy-duty engines

Joanna Hughes, Head of Commercialisation at Gane Energy and Bart-Willem ten Cate, Director Renewables Strategy and Development at FinCo Fuel Group, signing the agreement.
Rotterdam, 29 September 2022

Gane Energy selected FinCo Fuel Group as the first supplier to introduce a (green) methanol-based fuel formulation to reduce greenhouse gases and exhaust emissions. This liquid fuel, Gane Fuel, has been developed for use in new and retrofitted heavy-duty diesel engines. The partnership highlights both companies’ ambitions to deliver climate neutral fuels to meet current and new emissions regulations.

Press release

FinCo Fuel acquires XBEE dealership for Benelux

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.