http://christianpedia.com/index.php?action=history&feed=atom&title=Pioneering_Biodiesel_Producer_Argent_Energy_SoldPioneering Biodiesel Producer Argent Energy Sold - Revision history2026-11-10T00:05:24ZRevision history for this page on the wikiMediaWiki 1.41.0http://christianpedia.com/index.php?title=Pioneering_Biodiesel_Producer_Argent_Energy_Sold&diff=20601&oldid=prevHarlanByars4 at 11:58, 18 January 20252025-01-18T11:58:18Z<p></p>
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<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><br>[https://<del style="font-weight: bold; text-decoration: none;">www.intelligentinvestor</del>.com<del style="font-weight: bold; text-decoration: none;">.au</del>/<del style="font-weight: bold; text-decoration: none;">shares</del>/<del style="font-weight: bold; text-decoration: none;">asx</del>-<del style="font-weight: bold; text-decoration: none;">mbt/mission</del>-<del style="font-weight: bold; text-decoration: none;">newenergy</del>-<del style="font-weight: bold; text-decoration: none;">limited/share</del>-<del style="font-weight: bold; text-decoration: none;">price Pioneering</del>] [https://www.<del style="font-weight: bold; text-decoration: none;">energy-xprt</del>.<del style="font-weight: bold; text-decoration: none;">com</del>/companies/mission-newenergy-<del style="font-weight: bold; text-decoration: none;">limited</del>-<del style="font-weight: bold; text-decoration: none;">36048 biodiesel</del>] [https://<del style="font-weight: bold; text-decoration: none;">stocktwits</del>.com/<del style="font-weight: bold; text-decoration: none;">symbol</del>/<del style="font-weight: bold; text-decoration: none;">MNEL producer </del>Argent] <del style="font-weight: bold; text-decoration: none;">Energy offered</del><br><br><br>23 July 2013<br><br><br>Argent Energy, a <del style="font-weight: bold; text-decoration: none;">leader </del>of large-scale commercial production of [https://www.<del style="font-weight: bold; text-decoration: none;">intelligentinvestor</del>.<del style="font-weight: bold; text-decoration: none;">com</del>.<del style="font-weight: bold; text-decoration: none;">au</del>/<del style="font-weight: bold; text-decoration: none;">shares</del>/<del style="font-weight: bold; text-decoration: none;">asx-mbt</del>/mission-newenergy-<del style="font-weight: bold; text-decoration: none;">limited/share</del>-<del style="font-weight: bold; text-decoration: none;">price </del>biodiesel] in the UK, has been purchased by a green investment <del style="font-weight: bold; text-decoration: none;">firm</del>.<br><br><br>Argent, based near Motherwell, was <del style="font-weight: bold; text-decoration: none;">sold </del>to a subsidiary of London-based John Swire & Sons for <del style="font-weight: bold; text-decoration: none;">an </del>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price <del style="font-weight: bold; text-decoration: none;">undisclosed</del>] <del style="font-weight: bold; text-decoration: none;">sum.<br><br><br>Argent makes green road fuel by recycling wastes and residues </del>such as <del style="font-weight: bold; text-decoration: none;">utilized cooking oil and tallow from the </del>[https://<del style="font-weight: bold; text-decoration: none;">biodieselmagazine</del>.com/<del style="font-weight: bold; text-decoration: none;">articles</del>/<del style="font-weight: bold; text-decoration: none;">felda</del>-<del style="font-weight: bold; text-decoration: none;">global</del>-<del style="font-weight: bold; text-decoration: none;">buys</del>-<del style="font-weight: bold; text-decoration: none;">missions-kuantan-port-plant-for-11-5-million-9053 </del>meat <del style="font-weight: bold; text-decoration: none;">market]</del>.<br><br><br>The firm will remain in [https://www.pinterest.com.au/missionnewenergy/ <del style="font-weight: bold; text-decoration: none;">private ownership] and will [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 continue</del>] <del style="font-weight: bold; text-decoration: none;">to run separately</del>.<br><br><br>Its senior management, <del style="font-weight: bold; text-decoration: none;">including </del>chairman Andy Hunter, <del style="font-weight: bold; text-decoration: none;"> </del>Jim Walker and <del style="font-weight: bold; text-decoration: none;">[https://www.energy-xprt.com/companies/mission-newenergy-limited-36048 financial] </del>director Jim Boyd are to <del style="font-weight: bold; text-decoration: none;">remain </del>with the company.<br><br><br>Souter Investments, the personal investment [https://<del style="font-weight: bold; text-decoration: none;">www.marketscreener</del>.com/<del style="font-weight: bold; text-decoration: none;">quote</del>/<del style="font-weight: bold; text-decoration: none;">stock</del>/<del style="font-weight: bold; text-decoration: none;">MISSION</del>-<del style="font-weight: bold; text-decoration: none;">NEWENERGY-LIMITED-178469/company/ company</del>] <del style="font-weight: bold; text-decoration: none;">of transportation tycoon </del>Sir Brian Souter, [https://www.proactiveinvestors.<del style="font-weight: bold; text-decoration: none;">co</del>.<del style="font-weight: bold; text-decoration: none;">uk</del>/<del style="font-weight: bold; text-decoration: none;">companies/news/159352</del>/<del style="font-weight: bold; text-decoration: none;">mission</del>-<del style="font-weight: bold; text-decoration: none;">newenergy</del>-<del style="font-weight: bold; text-decoration: none;">debt-free-focused-on-biofuel-joint-venture-60797.html </del>validated] it had actually <del style="font-weight: bold; text-decoration: none;">[https://www.google.com/search?kgmid=/m/0cqd_rb offered] </del>its 37% stake in Argent.<br><br><br>[https://<del style="font-weight: bold; text-decoration: none;">forest500</del>.<del style="font-weight: bold; text-decoration: none;">org</del>/<del style="font-weight: bold; text-decoration: none;">rankings</del>/<del style="font-weight: bold; text-decoration: none;">companies</del>/<del style="font-weight: bold; text-decoration: none;">mission</del>-<del style="font-weight: bold; text-decoration: none;">newenergy-limited </del>'Future] potential'<br><br><br>Mr Walker said the investment by John Swire underlined <del style="font-weight: bold; text-decoration: none;">[https://www.bloomberg.com/profile/company/MNELF:US </del>Argent's strong<del style="font-weight: bold; text-decoration: none;">] </del>market position, <del style="font-weight: bold; text-decoration: none;">adding </del>there was now an <del style="font-weight: bold; text-decoration: none;">[https://www.bloomberg.com/profile/company/MNELF:US </del>opportunity<del style="font-weight: bold; text-decoration: none;">] </del>"to take Argent's abilities <del style="font-weight: bold; text-decoration: none;">additional </del>afield".<br><br><br>[https://<del style="font-weight: bold; text-decoration: none;">pitchbook</del>.com/<del style="font-weight: bold; text-decoration: none;">profiles</del>/<del style="font-weight: bold; text-decoration: none;">company/51278</del>-<del style="font-weight: bold; text-decoration: none;">86 </del>Barnaby] Swire, of John Swire, <del style="font-weight: bold; text-decoration: none;">stated </del>his <del style="font-weight: bold; text-decoration: none;">business </del>was <del style="font-weight: bold; text-decoration: none;">dedicated </del>to "<del style="font-weight: bold; text-decoration: none;">exploring </del>and <del style="font-weight: bold; text-decoration: none;">investing in </del>innovative and practical green markets".<br><br><br>He included: "We are pleased to be <del style="font-weight: bold; text-decoration: none;">acquiring </del>Argent Energy, a company <del style="font-weight: bold; text-decoration: none;">which we </del>believe can grow and <del style="font-weight: bold; text-decoration: none;">prosper </del>not only within the UK <del style="font-weight: bold; text-decoration: none;">but also </del>overseas, in particular in Asian markets with which Swire Group <del style="font-weight: bold; text-decoration: none;">companies are familiar</del>.<br><br><br>"<del style="font-weight: bold; text-decoration: none;">[https://www.zoominfo.com/c/mission-newenergy/346542889 </del>John Swire<del style="font-weight: bold; text-decoration: none;">] </del>& Sons Ltd sees in [https://www.<del style="font-weight: bold; text-decoration: none;">marketscreener</del>.com/<del style="font-weight: bold; text-decoration: none;">quote</del>/<del style="font-weight: bold; text-decoration: none;">stock</del>/<del style="font-weight: bold; text-decoration: none;">MISSION-NEWENERGY-LIMITED</del>-<del style="font-weight: bold; text-decoration: none;">178469/company/ Argent Energy's</del>] <del style="font-weight: bold; text-decoration: none;">staff members </del>a mix of [https://<del style="font-weight: bold; text-decoration: none;">stocktwits</del>.com/<del style="font-weight: bold; text-decoration: none;">symbol</del>/<del style="font-weight: bold; text-decoration: none;">MNEL characteristics</del>] and values that <del style="font-weight: bold; text-decoration: none;">are </del>[https://<del style="font-weight: bold; text-decoration: none;">www</del>.<del style="font-weight: bold; text-decoration: none;">zonebourse.com</del>/<del style="font-weight: bold; text-decoration: none;">cours</del>/<del style="font-weight: bold; text-decoration: none;">action</del>/<del style="font-weight: bold; text-decoration: none;">MISSION</del>-<del style="font-weight: bold; text-decoration: none;">NEWENERGY</del>-<del style="font-weight: bold; text-decoration: none;">LIMITED-8557641/ suitable</del>] <del style="font-weight: bold; text-decoration: none;">with our own, and look forward </del>to working with them to maximise Argent Energy's future <del style="font-weight: bold; text-decoration: none;">potential</del>."<br><br><br>Argent was developed in 2001. In 2009 it was bought by a consortium that included senior management together with Souter Investments.<br><br><br>Its plant at Newarthill, near Motherwell, has the capability to produce <del style="font-weight: bold; text-decoration: none;">approximately </del>50 million litres of [https://<del style="font-weight: bold; text-decoration: none;">biodieselmagazine</del>.<del style="font-weight: bold; text-decoration: none;">com</del>/<del style="font-weight: bold; text-decoration: none;">articles</del>/<del style="font-weight: bold; text-decoration: none;">felda</del>-<del style="font-weight: bold; text-decoration: none;">global</del>-<del style="font-weight: bold; text-decoration: none;">buys</del>-<del style="font-weight: bold; text-decoration: none;">missions</del>-<del style="font-weight: bold; text-decoration: none;">kuantan</del>-<del style="font-weight: bold; text-decoration: none;">port</del>-<del style="font-weight: bold; text-decoration: none;">plant</del>-<del style="font-weight: bold; text-decoration: none;">for</del>-<del style="font-weight: bold; text-decoration: none;">11</del>-<del style="font-weight: bold; text-decoration: none;">5-million-9053 </del>biodiesel] a year.<br><br><br>Cooking oil to run buses in trial<br><br><br>4 November 2011<br><br><br>Argent Energy<br><br><br>Souter Investments<br></div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><br><ins style="font-weight: bold; text-decoration: none;">Pioneering </ins>[https://<ins style="font-weight: bold; text-decoration: none;">biodieselmagazine</ins>.com/<ins style="font-weight: bold; text-decoration: none;">articles</ins>/<ins style="font-weight: bold; text-decoration: none;">felda-global-buys-missions-kuantan-port-plant-for</ins>-<ins style="font-weight: bold; text-decoration: none;">11</ins>-<ins style="font-weight: bold; text-decoration: none;">5</ins>-<ins style="font-weight: bold; text-decoration: none;">million</ins>-<ins style="font-weight: bold; text-decoration: none;">9053 biodiesel</ins>] [https://www.<ins style="font-weight: bold; text-decoration: none;">proactiveinvestors.co</ins>.<ins style="font-weight: bold; text-decoration: none;">uk</ins>/companies<ins style="font-weight: bold; text-decoration: none;">/news/159352</ins>/mission-newenergy-<ins style="font-weight: bold; text-decoration: none;">debt-free-focused-on-biofuel-joint-venture</ins>-<ins style="font-weight: bold; text-decoration: none;">60797.html producer</ins>] [https://<ins style="font-weight: bold; text-decoration: none;">www.bloomberg</ins>.com/<ins style="font-weight: bold; text-decoration: none;">profile/company</ins>/<ins style="font-weight: bold; text-decoration: none;">MNELF:US </ins>Argent <ins style="font-weight: bold; text-decoration: none;">Energy</ins>] <ins style="font-weight: bold; text-decoration: none;">sold</ins><br><br><br>23 July 2013<br><br><br>Argent Energy, a <ins style="font-weight: bold; text-decoration: none;">pioneer </ins>of large-scale commercial production of [https://www.<ins style="font-weight: bold; text-decoration: none;">proactiveinvestors</ins>.<ins style="font-weight: bold; text-decoration: none;">co</ins>.<ins style="font-weight: bold; text-decoration: none;">uk/companies</ins>/<ins style="font-weight: bold; text-decoration: none;">news</ins>/<ins style="font-weight: bold; text-decoration: none;">159346</ins>/mission-newenergy-<ins style="font-weight: bold; text-decoration: none;">delivers-maiden-biodiesel-production-to-global-oil-major</ins>-<ins style="font-weight: bold; text-decoration: none;">24476.html </ins>biodiesel] in the UK, has been <ins style="font-weight: bold; text-decoration: none;">[https://stocktwits.com/symbol/MNEL </ins>purchased<ins style="font-weight: bold; text-decoration: none;">] </ins>by a green investment <ins style="font-weight: bold; text-decoration: none;">business</ins>.<br> <br><br>Argent, based near Motherwell, was <ins style="font-weight: bold; text-decoration: none;">[https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm offered] </ins>to a <ins style="font-weight: bold; text-decoration: none;">[https://www.crunchbase.com/organization/mission-newenergy </ins>subsidiary<ins style="font-weight: bold; text-decoration: none;">] </ins>of <ins style="font-weight: bold; text-decoration: none;">[https://www.pinterest.com.au/missionnewenergy/ </ins>London-based John<ins style="font-weight: bold; text-decoration: none;">] </ins>Swire & Sons for <ins style="font-weight: bold; text-decoration: none;">a concealed sum.<br><br><br>Argent makes [https://www.bloomberg.com/profile/company/MNELF:US green roadway] fuel by [https://www.pinterest.com.au/missionnewenergy/ recycling wastes] and </ins>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price <ins style="font-weight: bold; text-decoration: none;">residues</ins>] such as [https://<ins style="font-weight: bold; text-decoration: none;">www.zonebourse</ins>.com/<ins style="font-weight: bold; text-decoration: none;">cours/action</ins>/<ins style="font-weight: bold; text-decoration: none;">MISSION</ins>-<ins style="font-weight: bold; text-decoration: none;">NEWENERGY</ins>-<ins style="font-weight: bold; text-decoration: none;">LIMITED</ins>-<ins style="font-weight: bold; text-decoration: none;">8557641/ utilized cooking] oil and tallow from the </ins>meat <ins style="font-weight: bold; text-decoration: none;">industry</ins>.<br><br><br>The firm will remain in <ins style="font-weight: bold; text-decoration: none;">personal ownership and will continue to run </ins>[https://www.pinterest.com.au/missionnewenergy/ <ins style="font-weight: bold; text-decoration: none;">individually</ins>].<br><br><br>Its senior management, <ins style="font-weight: bold; text-decoration: none;">consisting of </ins>chairman Andy Hunter, <ins style="font-weight: bold; text-decoration: none;">handling director </ins>Jim Walker and <ins style="font-weight: bold; text-decoration: none;">monetary </ins>director Jim Boyd are to <ins style="font-weight: bold; text-decoration: none;">stay </ins>with the company.<br><br><br>Souter Investments, the personal investment <ins style="font-weight: bold; text-decoration: none;">firm of </ins>[https://<ins style="font-weight: bold; text-decoration: none;">pitchbook</ins>.com/<ins style="font-weight: bold; text-decoration: none;">profiles</ins>/<ins style="font-weight: bold; text-decoration: none;">company</ins>/<ins style="font-weight: bold; text-decoration: none;">51278</ins>-<ins style="font-weight: bold; text-decoration: none;">86 transport magnate</ins>] Sir Brian Souter, [https://www.proactiveinvestors.<ins style="font-weight: bold; text-decoration: none;">com</ins>.<ins style="font-weight: bold; text-decoration: none;">au</ins>/<ins style="font-weight: bold; text-decoration: none;">ASX:MBT</ins>/<ins style="font-weight: bold; text-decoration: none;">Mission</ins>-<ins style="font-weight: bold; text-decoration: none;">NewEnergy</ins>-<ins style="font-weight: bold; text-decoration: none;">Ltd </ins>validated] it had actually <ins style="font-weight: bold; text-decoration: none;"> </ins>its 37% stake in Argent.<br><br><br>[https://<ins style="font-weight: bold; text-decoration: none;">www.nasdaq</ins>.<ins style="font-weight: bold; text-decoration: none;">com</ins>/<ins style="font-weight: bold; text-decoration: none;">market-activity</ins>/<ins style="font-weight: bold; text-decoration: none;">ipos</ins>/<ins style="font-weight: bold; text-decoration: none;">overview?dealId=804419</ins>-<ins style="font-weight: bold; text-decoration: none;">65608 </ins>'Future] potential'<br><br><br>Mr Walker said the investment by John Swire underlined Argent's strong market position, <ins style="font-weight: bold; text-decoration: none;">including </ins>there was now an opportunity "to take Argent's abilities <ins style="font-weight: bold; text-decoration: none;">further </ins>afield".<br><br><br>[https://<ins style="font-weight: bold; text-decoration: none;">www.crunchbase</ins>.com/<ins style="font-weight: bold; text-decoration: none;">organization</ins>/<ins style="font-weight: bold; text-decoration: none;">mission</ins>-<ins style="font-weight: bold; text-decoration: none;">newenergy </ins>Barnaby] Swire, of John Swire, <ins style="font-weight: bold; text-decoration: none;">said </ins>his <ins style="font-weight: bold; text-decoration: none;">company </ins>was <ins style="font-weight: bold; text-decoration: none;">committed </ins>to "<ins style="font-weight: bold; text-decoration: none;">checking out </ins>and <ins style="font-weight: bold; text-decoration: none;">buying </ins>innovative and practical green markets".<br><br><br>He included: "We are pleased to be <ins style="font-weight: bold; text-decoration: none;">obtaining </ins>Argent Energy, a <ins style="font-weight: bold; text-decoration: none;">business which our </ins>company believe can grow and <ins style="font-weight: bold; text-decoration: none;">flourish </ins>not only within the UK <ins style="font-weight: bold; text-decoration: none;">however likewise </ins>overseas, in particular in Asian markets with which Swire Group <ins style="font-weight: bold; text-decoration: none;">business recognize</ins>.<br><br><br>"John Swire & Sons Ltd sees in <ins style="font-weight: bold; text-decoration: none;">Argent Energy's </ins>[https://www.<ins style="font-weight: bold; text-decoration: none;">nasdaq</ins>.com/<ins style="font-weight: bold; text-decoration: none;">market-activity</ins>/<ins style="font-weight: bold; text-decoration: none;">ipos</ins>/<ins style="font-weight: bold; text-decoration: none;">overview?dealId=804419</ins>-<ins style="font-weight: bold; text-decoration: none;">65608 employees</ins>] a mix of [https://<ins style="font-weight: bold; text-decoration: none;">www.zoominfo</ins>.com/<ins style="font-weight: bold; text-decoration: none;">c/mission-newenergy</ins>/<ins style="font-weight: bold; text-decoration: none;">346542889 qualities</ins>] and values that <ins style="font-weight: bold; text-decoration: none;">work with our own, and look </ins>[https://<ins style="font-weight: bold; text-decoration: none;">forest500</ins>.<ins style="font-weight: bold; text-decoration: none;">org</ins>/<ins style="font-weight: bold; text-decoration: none;">rankings</ins>/<ins style="font-weight: bold; text-decoration: none;">companies</ins>/<ins style="font-weight: bold; text-decoration: none;">mission</ins>-<ins style="font-weight: bold; text-decoration: none;">newenergy</ins>-<ins style="font-weight: bold; text-decoration: none;">limited forward</ins>] to working with them to maximise Argent Energy's future <ins style="font-weight: bold; text-decoration: none;">capacity</ins>."<br><br><br>Argent was developed in 2001. In 2009 it was bought by a consortium that included senior management together with Souter Investments.<br><br><br>Its plant at Newarthill, near Motherwell, has the capability to produce <ins style="font-weight: bold; text-decoration: none;">up to </ins>50 million litres of [https://<ins style="font-weight: bold; text-decoration: none;">www.proactiveinvestors.co</ins>.<ins style="font-weight: bold; text-decoration: none;">uk/companies/news</ins>/<ins style="font-weight: bold; text-decoration: none;">159352</ins>/<ins style="font-weight: bold; text-decoration: none;">mission</ins>-<ins style="font-weight: bold; text-decoration: none;">newenergy</ins>-<ins style="font-weight: bold; text-decoration: none;">debt</ins>-<ins style="font-weight: bold; text-decoration: none;">free</ins>-<ins style="font-weight: bold; text-decoration: none;">focused</ins>-<ins style="font-weight: bold; text-decoration: none;">on</ins>-<ins style="font-weight: bold; text-decoration: none;">biofuel</ins>-<ins style="font-weight: bold; text-decoration: none;">joint</ins>-<ins style="font-weight: bold; text-decoration: none;">venture</ins>-<ins style="font-weight: bold; text-decoration: none;">60797.html </ins>biodiesel] a year.<br><br><br>Cooking oil to run buses in trial<br><br><br>4 November 2011<br><br><br>Argent Energy<br><br><br>Souter Investments<br></div></td></tr>
</table>HarlanByars4http://christianpedia.com/index.php?title=Pioneering_Biodiesel_Producer_Argent_Energy_Sold&diff=20459&oldid=prevHarlanByars4: Created page with "<br>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price Pioneering] [https://www.energy-xprt.com/companies/mission-newenergy-limited-36048 biodiesel] [https://stocktwits.com/symbol/MNEL producer Argent] Energy offered<br><br><br>23 July 2013<br><br><br>Argent Energy, a leader of large-scale commercial production of [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price biodiesel] in the UK, ha..."2025-01-11T19:46:26Z<p>Created page with "<br>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price Pioneering] [https://www.energy-xprt.com/companies/mission-newenergy-limited-36048 biodiesel] [https://stocktwits.com/symbol/MNEL producer Argent] Energy offered<br><br><br>23 July 2013<br><br><br>Argent Energy, a leader of large-scale commercial production of [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price biodiesel] in the UK, ha..."</p>
<p><b>New page</b></p><div><br>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price Pioneering] [https://www.energy-xprt.com/companies/mission-newenergy-limited-36048 biodiesel] [https://stocktwits.com/symbol/MNEL producer Argent] Energy offered<br><br><br>23 July 2013<br><br><br>Argent Energy, a leader of large-scale commercial production of [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price biodiesel] in the UK, has been purchased by a green investment firm.<br><br><br>Argent, based near Motherwell, was sold to a subsidiary of London-based John Swire & Sons for an [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price undisclosed] sum.<br><br><br>Argent makes green road fuel by recycling wastes and residues such as utilized cooking oil and tallow from the [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 meat market].<br><br><br>The firm will remain in [https://www.pinterest.com.au/missionnewenergy/ private ownership] and will [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 continue] to run separately.<br><br><br>Its senior management, including chairman Andy Hunter, Jim Walker and [https://www.energy-xprt.com/companies/mission-newenergy-limited-36048 financial] director Jim Boyd are to remain with the company.<br><br><br>Souter Investments, the personal investment [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ company] of transportation tycoon Sir Brian Souter, [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html validated] it had actually [https://www.google.com/search?kgmid=/m/0cqd_rb offered] its 37% stake in Argent.<br><br><br>[https://forest500.org/rankings/companies/mission-newenergy-limited 'Future] potential'<br><br><br>Mr Walker said the investment by John Swire underlined [https://www.bloomberg.com/profile/company/MNELF:US Argent's strong] market position, adding there was now an [https://www.bloomberg.com/profile/company/MNELF:US opportunity] "to take Argent's abilities additional afield".<br><br><br>[https://pitchbook.com/profiles/company/51278-86 Barnaby] Swire, of John Swire, stated his business was dedicated to "exploring and investing in innovative and practical green markets".<br><br><br>He included: "We are pleased to be acquiring Argent Energy, a company which we believe can grow and prosper not only within the UK but also overseas, in particular in Asian markets with which Swire Group companies are familiar.<br><br><br>"[https://www.zoominfo.com/c/mission-newenergy/346542889 John Swire] & Sons Ltd sees in [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ Argent Energy's] staff members a mix of [https://stocktwits.com/symbol/MNEL characteristics] and values that are [https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/ suitable] with our own, and look forward to working with them to maximise Argent Energy's future potential."<br><br><br>Argent was developed in 2001. In 2009 it was bought by a consortium that included senior management together with Souter Investments.<br><br><br>Its plant at Newarthill, near Motherwell, has the capability to produce approximately 50 million litres of [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 biodiesel] a year.<br><br><br>Cooking oil to run buses in trial<br><br><br>4 November 2011<br><br><br>Argent Energy<br><br><br>Souter Investments<br></div>HarlanByars4