Energy company St1 Nordic Oy has acquired 100% of Brocklesby Ltd. Brocklesby is a recycling expert of used cooking oil and fatty food waste, being one of the UK’s leading refiners in this field. The waste collection is based on strong partnerships with a large number of restaurants, retailers and food manufacturers in the UK. The collection volumes produce over 46.000 tonnes of output annually.
St1 reinforces its value chain
The acquisition of Brocklesby will strengthen St1’s value chain further upstream towards feedstock collection. It will provide feedstocks for renewable diesel and sustainable aviation fuel (SAF) production. A new biorefinery is under construction on the St1 refinery site in Gothenburg. The biorefinery will have an annual capacity of 200,000 tonnes of renewable fuels production and is expected to commence its operations in 2023. It is designed to optimize production of renewable diesel and sustainable aviation fuel. St1 already produces advanced ethanol and biogas from waste.
“By investing in renewable energy and in the transition of the energy sector while ensuring the necessary cash flow, we are solving global energy challenges for our part, step by step. Entering the sustainable feedstock business in the UK is a concrete step in consistent and long-term implementation of our growth strategy. At the same time, it strengthens our feedstock sourcing for our own growing renewable fuels production and enables development of future growth in a new business area. Acquiring Brocklesby is a significant reinforcement of our value chain and results in more and more sustainable feedstocks for our premium energy products that we will serve our customers with”, says Henrikki Talvitie, CEO of St1 Nordic Oy.
“We are excited to now be part of the energy company St1 Nordic and the opportunities for the future that this delivers to Brocklesby employees, the site and wider business for its continued future growth. This allows Brocklesby to be part of the whole supply chain from a restaurant collection directly through to the manufacture of sustainable aviation fuel – a truly integrated operation”, says Director Robert Brocklesby from Brocklesby Ltd.
Brocklesby has a strong history of 35 years, and it employs around 80 recycling professionals. It is located strategically in close proximity to the port of Hull, facilitating collections from across the UK.
“I am extremely proud to welcome the people, traditions and suppliers of Brocklesby to our St1 family. Joining forces will make us stronger going forward in our energy transition roadmap. I am so pleased that Rob will continue in an active role as a board member of Brocklesby, strengthened further with the existing management team, ensuring seamless supplier relationship management together with developing new business opportunities and growth”, continues Henrikki Talvitie.