Singapore-based BW Group is taking a deep dive into organic waste with an €20m ($23.5m) investment in Finnish-Swiss Ductor Corp.
The funding announced today by Ductor and by sole adviser Fearnley Securities makes the Sohmen-Pao controlled BW Group a major shareholder in Ductor, as well as strategic partner. The cash allows the latter to "develop 200 new biogas and sustainable organic fertiliser projects in three years in the EU and North America", said Ductor in an announcement.
