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EquityStory AG
DGAP-Adhoc: PETROTEC AG: Financing secured for feedstock procurement
Donnerstag 2. Juli 2009, 20:16 Uhr

PETROTEC AG / Agreement

02.07.2009

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG (Xetra: 549416 - Nachrichten) . The issuer is solely responsible for the content of this announcement.
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Ad hoc disclosure pursuant to section 15 German Securities Trading Act

Petrotec AG: Financing secured for feedstock procurement

Borken, July 02, 2009 - Petrotec AG (ISIN DE000PET1111) has signed on a
revolving credit line agreement with Bewital KG, Südlohn-Oeding.

The credit line will be used to pre-finance the purchase of used cooking oil to be processed in the biodiesel plant in Oeding. The maximal revolving credit will stand on EUR 1.5 million. This agreement eases the strain on the Company's working capital needs.

Disclaimer

As far as this ad hoc release contains forward-looking statements, these forward-looking statements are based on current assumptions and forecasts made by the management of Petrotec AG and other information currently available to Petrotec. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Petrotec does not int, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.

About PETROTEC

Since November 2006, Petrotec AG has been listed in the Prime Standard segment of the Frankfurt Stock Exchange under WKN PET111, ISIN DE000PET1111. Petrotec is one of the pioneers of the German biodiesel industry. The company started as early as 1998 with the development of a process to produce biodiesel from used frying and deep-frying oil. Petrotec's first industrial biodiesel production plant went turn-key in 2000. Petrotec's proprietary technology is capable of transforming virgin vegetable oils such as rapeseed, soybean or palm oil as well as hard-to-process oils and fats such as used cooking oils, animal fats and oils or fish oil in a single fully continuous process into biodiesel and, thus, is truly a multi-feedstock technology. The annual capacity of the plant in Borken (Westphalia), Germany, is 85,000 t biodiesel. In the first half of 2008 a second production has commenced operations in the deep-sea port of Emden with an annual capacity of 100,000 t. Unlike many of its competitors, Petrotec in its ongoing operations has for years now primarily produced biodiesel from used cooking oils in a fully continuous process. Treated used cooking oils as feedstock for biodiesel production is up to 50 percent cheaper to procure than the rapeseed oil predominantly used by Petrotec's rivals in Europe. This enhances Petrotec's cost-competitiveness over other manufacturers of biodiesel, as 70-90 percent of biodiesel production costs relate to raw materials.

- of the disclosure - 02.07.2009 Financial News transmitted by DGAP


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Language: English Issuer: PETROTEC AG Fürst-zu- Salm-Salm-Str. 18 46325 Borken-Burlo Deutschland Phone: +49 (0)2862 9100 19 Fax: +49 (0)2862 9100 99 E-mail: info@petrotec.de Internet: www.petrotec.de ISIN: DE000PET1111 WKN: PET111 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hamburg, Düsseldorf, Stuttgart of News DGAP News-Service
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