EcoCeres Considered for Europe

On January 31, Renewables Now reported that Hong Kong-based SAF producer EcoCeres is planning an initial public offering (IPO) on the European stock exchanges. The deal, which is scheduled for next year, could raise between $500 million and $1 billion, depending on market conditions, and values the entire business at around $5 billion, according to Bloomberg. EcoCeres, founded by Hong Kong-based Towngas, specializes in converting waste into renewable fuels, renewable chemicals and materials.